Perimeter NE view
Active

1220 Sleepy Water Court

Granbury, Texas 76048
Mark as Favorite
Acres84.30

Acres(Lot)

EXCEPTIONALLY RARE main-body lakefront acreage offering with 811 feet of prime shoreline on one of the most desirable stretches of Lake Granbury. Spanning a total of 84.30 acres, this remarkable property presents a truly unique opportunity for investment, development, or a private legacy lakefront ranch retreat, and one of the last large unimproved lakefront properties remaining on Lake Granbury proper. Located just 5–7 minutes from Granbury’s Historic Town Square by vehicle or boat, this property offers a rare mix of both seclusion, tranquility and proximity. From higher elevations on-site, the iconic Granbury Courthouse Clock Tower is visible—an impressive reminder of how close you are to town while enjoying complete privacy in a natural waterfront setting. The main gravel road runs appr oximately 1.36 miles lengthwise through the property, showcasing 129 feet of gently rolling elevation change—from a minimum of 654 ft MSL to a maximum of 783 ft MSL—offering scenic vistas, natural draws, wet weather creeks and an ideal topographic variance for development or recreational use. The land includes a diverse mix of native hardwoods, including primarily oak, elm, mesquite, and juniper, various limestone outcroppings, as well as a portion of the scenic Contrary Creek, enhancing its ecological richness and aesthetic appeal. Minimal brush clearing has been performed over the years, leaving a myriad of options for a future owner. This is a rare opportunity to own a large contiguous waterfront tract with widespread development potential, significant recreational value, and excellent access from the DFW area—just minutes from the heart of Historic Granbury.

Read More Expand

Detail Ic Property Details

Property Type : Land

Price : $5,750,000

AD Id : 66764566

MLS Id : 537951210

Lot Size : 84.30 Acres(Lot)

County : Hood

Subdivision: Arapaho East

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Utilities

    Asphalt,Electricity Available

  • Exterior Features

    Boat Slip,Dock
  • Fencing

    Barbed Wire,Fenced,Gate,Perimeter

  • Lot Information

    Lot Size (Acr): 84.3000 Lot Size Units: Acres Lot Size Square Feet: 3,672,108 Lot Features: Acreage,Many Trees,Cedar,Mesquite,Oak,Rock Outcropping,Rolling Slope,Water/Lake View,Waterfront
  • Property Information

    Property Type: Land Property Sub Type: Unimproved Land Subdivision: T PRICE - ABST 439 City: Granbury State: Texas Directions: From Hwy 377, exit SH-144 Granbury-Glen Rose. Take a left to Contrary Creek Rd. Take left to Comanche Cove Dr., Left on Apache Ridge Rd., left of Sleepy Water Ct. Property is at the end of the cul-de-sac. Property Status: Active Exclusions: All non-fixed personalty on site. Any Seller-owned mineral rights.

  • Listing Price Information

    Original List Price: $5,750,000
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: R000044584 Tax Legal Description: ABST: T PRICE - ABST 439 Unexempt Taxes: $19,400

  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Mambrino Middle School: Granbury High School: Granbury School District: Granbury ISD
  • Utility Information

    Utilities: Asphalt,Electricity Available
Sell a home like this and save $344,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3185 E Landings S, Granbury, TX, 76048 $380,000 -- -- -- 5 Acres(Lot)
3177 E Landings S, Granbury, TX, 76048 $525,000 -- -- -- 5 Acres(Lot)
15001 Mitchell Bend Court, Granbury, TX, 76048 $250,000 -- -- -- 4 Acres(Lot)
TBD LOT 10 12317 Mitche.., Granbury, TX, 76048 $210,000 -- -- -- 4.62 Acres(Lot)
TBD LOT 6 Mitchell Bend.., Granbury, TX, 76048 $133,200 -- -- -- 6.20 Acres(Lot)
14923 Mitchell Bend Court, Granbury, TX, 76048 $499,000 -- -- -- 8.20 Acres(Lot)
11602 Mitchell Bend Court, Granbury, TX, 76048 $120,000 -- -- -- 3.19 Acres(Lot)
TBD LOT 11 12345 Mitche.., Granbury, TX, 76048 $192,500 -- -- -- 4.49 Acres(Lot)
41106 Mitchell Bend Court, Granbury, TX, 76048 $120,000 -- -- -- 3.12 Acres(Lot)
4109 Bluff View Drive, Granbury, TX, 76048 $70,000 -- -- -- 0.15 Acre(Lot)
MLS Logo

Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 08/23/2026 @ 00:13

MLS: 537951210 LISTED BY: Amy Trott, Williams Trew Real Estate 800-257-1242 SOURCE: NTREIS - North Texas Real Estate Information

Homes around $5,750,000

Selling? Save $344,501 when you sell a home like this

Tour with a ByOwner Agent