203 S Lancaster Street
Granbury, TX, 76048
$229,995
3 Beds
2 Baths
1,192 SqFt
0.09 Acres
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MLS #21228520 image #0
MAJOR PRICE IMPROVEMENT! NOW IS the time for you to make the move

GREAT DEAL JUST GOT BETTER!!!

STR friendly in a great area close to downtown

This charming home is just a short stroll from the Historic Granbury Square and city parks. With three bedrooms and two baths, it features a warm, comfortable layout, luxury vinyl plank flooring in the kitchen and living areas, and abundant natural light. The kitchen offers a gas range, dishwasher, ample cabinet space, and easy access to the dining room, utility room, and a huge covered outdoor patio. The primary suite and secondary bedrooms are thoughtfully arranged for versatility, with an extra room perfect for an office or other use. Central heating and air keep the home cozy year-round, while new lighting fixtures and fans add an updated, efficient touch. Custom-tiled bathrooms bring a surprising air of luxury.

Outside, mature shade trees and a spacious covered back deck create a great space for relaxing or entertaining. The private, low-maintenance backyard is complemented by fresh exterior paint and classic curb appeal. Located in the Kay Neely subdivision, this home offers the convenience of downtown living with quick access to restaurants, parks, shopping, festivals, and all the charm of the Granbury Square. It’s ideal as a comfortable residence, a short-term rental, or a low-maintenance investment property. Wheelchair accessibility, a backyard storage shed, and even a donut shop within walking distance make this place hard to resist—especially at this price!

Property Details

Price:
$229,995
MLS #:
21228520
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Kay Neely
Listed Date:
Apr 7, 2026
Finished Sq Ft:
1,192
Lot Size:
3,920 sqft / 0.09 acres (approx)
Year Built:
1956
Kay NeelyGranbury IsdEmma RobersonGranburyGranbury

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Schools

School District:
Granbury ISD
Elementary School:
Emma Roberson
Middle School:
Granbury
High School:
Granbury

Interior

Bathrooms Full
2
Cooling
Ceiling Fan(s), Central Air, Gas
Flooring
Luxury Vinyl Plank
Heating
Central, Natural Gas
Interior Features
Cable TV Available, Decorative Lighting, Eat-in Kitchen, High Speed Internet Available, Open Floorplan, Walk- In Closet(s)
Number Of Living Areas
1

Exterior

Construction Materials
Brick
Fencing
Back Yard, Chain Link, Fenced, Privacy, Wood
Lot Size Area
0.0900
Vegetation
Grassed, Partially Wooded

Financial

Green Energy Efficient
12 inch+ Attic Insulation, Appliances, Drought Tolerant Plants, Low Flow Commode, Thermostat, Waterheater

Map

Community

Subdivisions in Granbury

Market Summary

Current real estate data for Single Family in Granbury as of Aug 25, 2026
838
Single Family Listed
105
Avg DOM
222
Avg $ / SqFt
$488,847
Avg List Price

Property Summary

    Located in the Kay Neely subdivision, 203 S Lancaster Street Granbury TX is a Single Family for sale in Granbury, TX, 76048. It is listed for $229,995 and features 3 beds, 2 baths, and has approximately 1,192 square feet of living space, and was originally constructed in 1956. The current price per square foot is $193. The average price per square foot for Single Family listings in Granbury is $222. The average listing price for Single Family in Granbury is $488,847. To schedule a showing of MLS#21228520 at 203 S Lancaster Street in Granbury, TX, contact your Spencer TX Real Estate, LLC agent at (817) 937-8532.

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