$5,750,000

84.3± Acres

Active

Hood County, TX

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1220 Sleepy Water, Granbury, Texas

MLS ID: 21045362

Status: Active

Price: $5,750,000

Acres: 84.3±

Type: Unimproved, Land

Address: 1220 Sleepy Water

City, State: Granbury, TX

County: Hood County

ZIP Code: 76048

Lat/Long: 32.409016, -97.780466

Parcel Number: R000044584

Description

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 approximately 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.

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.

Additional Information

Exterior

Exterior Features: Boat Slip, Dock

Fencing: Barbed Wire, Fenced, Gate, Perimeter

Lot Features: Acreage, Hardwood Trees, Rolling Slope, Rock Outcropping, Many Trees, Wooded, Waterfront, Retaining Wall

Lot Size Area: 84

Lot Size Dimensions: tbv

Lot Size Square Feet: 3,672,108

Other Structures: Boat House

Road Frontage Type: City Street

Road Surface Type: Asphalt

Water Body Name: Granbury

Waterfront: Yes

Waterfront Features: Boat Dock Slip, Creek, Lake Front, Waterfront

Financial/HOA/Schools

Elementary School: Mambrino

Elementary School District: Granbury ISD

Middle School: Granbury

Middle School District: Granbury ISD

High School: Granbury

High School District: Granbury ISD

Subdivision Name: T Price - Abst 439

Tax Annual Amount: 19400

Zoning Description: Single Family Residential

Extra Information

Virtual Tour: https://www.propertypanorama.com/instaview/ntreis/21045362

Maps

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Everette Newland

Denton, Texas

(940) 390-3410

Interested? Contact Us Today About This Listing

All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of September 13, 2026 at 12:00:00 PM UTC.

You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: September 13, 2026 at 12:00:00 PM UTC

Listed By: Amy Trott of Williams Trew Real Estate