Located at 4916 Gooseberry Trail in Granbury, this unique property presents a rare chance to secure over 2 acres across two combined lotsโan increasingly hard-to-find combination of space, flexibility, and long-term upside in todayโs market.
Investor opportunity on 2+ acres (two combined lots) in a desirable Granbury pocket. Strong value-add potential for fix-and-flip, new build, or buy-and-hold strategies. Near river and minutes to lake. Close to town with a private, spacious setting. Located in Granbury Independent School District. Multiple exit strategies. Buyer to verify all info, including lot details, utilities, and schools. Sold as-is.
Property Highlights (Expanded Bullets)
Over 2 acres total (two combined lots)
Rare acreage opportunity in Granbury
Strong fix-and-flip, build, or hold potential
Multiple exit strategies for investors
Near the river โ outdoor lifestyle appeal
Minutes from the lake โ highly marketable location
Close to town โ shopping, dining, and conveniences
Private, spacious setting with room to expand
Located in Granbury Independent School District
Increasing demand for land + privacy in this area
Ideal for custom home, redevelopment, or value-add project
Unlimited potential to maximize value
Comps / value indicators
Comp / IndicatorDetailsValue signal4916 Gooseberry public estimateHomes.com estimated range$289Kโ$460K HAR / appraisal district valueMarket value$349,880 3909 Paluxy Hwy3 bed / 2.5 bath / 2,818 sq ft$1.395M asking/listed nearby, but likely a superior/outlier property 1801 Yucatan Dr3 bed / 2.5 bath / 3,027 sq ft$809,900 sold Mar. 27, 2026, likely higher-end comp/outlier 207 Aqua Vista Dr3 bed / 2.5 bath / 2,278 sq ft$430,000 sold May 22, 2025 524 River Bank Ct3 bed / 2.5 bath / 2,486 sq ft$495,000 comp shown near subject Granbury marketMedian listing around $388K, 69 DOMSupports conservative pricing discipline
Conservative ARV: $400Kโ$425K Likely ARV: $425Kโ$475K Stretch ARV: $500K+ only if the renovation is strong, photos are great, land is showcased well, and buyer demand responds to the 2+ acre/lake-community angle.
More About This Property
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Nearby Markets12 cities ยท 8 counties ยท 12 ZIP codes
Figures from the seller unless a line says otherwise. Verify before you close.
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ARV $350,000
From the listing
The seller picked no comps. Investimateโs own value for this home is $299,000.