Granbury, TX 76049 309-311 Lilac Drive

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Presented By: Natalie Self with Elevate Realty Group; (817) 736-5757
  • MLS# 21023614
  • 08/06/2025
  • Request Tour
  • Request Info
  • Beds • 4
  • Baths • 2

Home Details

Calling all investors! This income-producing duplex is 100% occupied and ready to generate returns from day one. Each unit offers 2 bedrooms and 1 bathroom, featuring an open floor plan that maximizes space and comfort. You can enjoy a fenced backyard, perfect for outdoor activities. Conveniently located close to shopping, dining, and entertainment, this property sits on the desirable Fort Worth side of town—ideal for commuters with easy access to the metroplex. A brand-new roof will be installed, providing added peace of mind and value for years to come. Don’t miss this opportunity to add a low-maintenance, fully leased property to your portfolio! **309 LILAC: NEW HVAC INSTALLED IN JUNE 2023. 311 LILAC: WATER HEATER REPLACED JUNE 2025 2023. NEW DISHWASHER INSTALLED JAN 2023.
Presented By: Natalie Self with Elevate Realty Group; (817) 736-5757

Interior Features for 309-311 Lilac Drive

Bedrooms

Total Bedrooms4

Bathrooms

Half Baths0
Total Baths2

Other Interior Features

Unit Count2
Fireplaces Total0
Lock Box TypeOther
Window FeaturesWindow Coverings
Basement Y/NNo
FlooringVinyl
Interior FeaturesCable TV Available, Decorative Lighting, Eat-in Kitchen, High Speed Internet Available
Occupancy Rate100
Total Units2

General for 309-311 Lilac Drive

# of Buildings1
AppliancesDishwasher, Electric Oven, Electric Range, Refrigerator
Capitalization Rate9.58
Carport Spaces
CityGranbury
Complex Name309 - 311 Lilac
Construction MaterialsBrick
CoolingCeiling Fan(s), Central Air, Electric
CountyHood
DirectionsPlease use GPS
Elementary SchoolActon
Elementary School NameActon
Full Baths2
Green Energy EfficientAppliances
Gross Annual Expenses0.00
HOA TypeNone
HeatingCentral, Electric
High SchoolGranbury
Insurance Expense0
LevelsOne
Number of Garage Spaces0
Occupant TypeTenant
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeDuplex
Property TypeResidential Income
RoofComposition
School DistrictGranbury ISD
Standard StatusActive
StatusActive
Subdivision NameEastwood Village
TenancyOver 9 Months
UtilitiesAll Weather Road, Co-op Electric, Private Water, Septic, No City Services
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1986
Year Built DetailsPreowned

Exterior for 309-311 Lilac Drive

Building Area Total1764.00
Covered Spaces
FencingChain Link, Fenced, None
Foundation Pillar/Post/Pier
Garage Y/NNo
Lot FeaturesCorner Lot, Lrg. Backyard Grass
Lot SizeLess Than .5 Acre (not Zero)
Lot Size Acres0.2300
Lot Size Area0.2300
Lot Size Square Feet10018.8000
Lot Size UnitsAcres
Number Of Parking Spaces4
Parking FeaturesCommon, Concrete, Open
WaterfrontNo

Additional Details

Price History

Schools

Elementary School Acton Elementary School
Middle School N/A
High School N/A

Katie Edwards

Realtor
Price $260,000
MLS#21023614
List Date 08/06/2025
Property Type Multi-Family
Phone 979.571.7600
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Request Info
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