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$240,000
171 Days On Site

4231 Terri Lee Lane
Granbury, TX 76048

For Sale|Single Family Residence|Active
3
Beds
2
Total Baths
2
Full Baths
1,380
SqFt
$174
/SqFt
1945
Built
Subdivision:
Oak Hills
County:
Hood
Call Now: (972) 965-6266
Is this the listing for you? We can help make it yours.
(972) 965-6266
4231 Terri Lee Lane4231 Terri Lee Lane4231 Terri Lee Lane4231 Terri Lee Lane
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Monthly Payment (Est.)

$1,095
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.
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Recently Updated with Added Improvements & Income Potential Near Granbury - Take Another Look! This versatile property in Thorp Spring offers a unique opportunity to live, work, and create flexible income potential on approximately 0.681 acres (six lots). The inviting 3-bedroom, 2-bath home provides approximately 1,380 sq. ft. of comfortable living space in a peaceful setting just minutes from town. The property features multiple structures, including a main home, a guest or bunk house, and an RV cover with full hookups - ideal for extended living, guests, or flexible use options. Recent improvements include: Interior and exterior painting Cleaning and general property refresh Updated windows Electrical panel upgrades HVAC improvements Trees trimmed away from structures Enjoy the charm of mature oak trees, a fenced yard, and covered porches designed for year-round outdoor living. A 1,120 sq. ft. shop with electricity and roll-up doors offers ample space for hobbies, storage, or workspace needs. Conveniently located near shopping, dining, festivals, and lake activities, this property blends function, flexibility, and opportunity - making it a strong option for a primary residence, weekend retreat, or investment.

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Listing Snapshot
Price 
$240,000
Days On Site 
171 Days
Bedrooms 
3
Inside Area (SqFt) 
1,380 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.681 Acres
Year Built 
1945
MLS® Number 
21100563
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
$1.5 monthly
Sq Ft Source 
N/A
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What's This?
Private
Recent Activity
2 weeks agoListing updated with changes from the MLS®
4 months agoPrice changed to $240,000
6 months agoListing first seen on site
General Features
Acres 
0.681
Carport 
2
Foundation 
CombinationPillar/Post/PierSlab
Garage 
Yes
Garage Spaces 
2
Levels 
One
Parking 
Attached CarportCoveredGarageGravelRV Access/ParkingRV CarportStorageWorkshop in GarageBoat
Property Sub Type 
Single Family Residence
Sewer 
Septic Tank
Special Circumstances 
Standard
Utilities 
Electricity Connected
Interior Features
Appliances 
Dishwasher
Cooling 
Ceiling Fan(s)Central AirElectricWall/Window Unit(s)
Flooring 
Combination
Heating 
Central
Interior 
Eat-in KitchenPantryWalk-In Closet(s)High Speed Internet
Laundry Features 
Washer Hookup
Window Features 
Window Coverings
Living Room 
Dimensions - 0 x 0Level - First
Master Bedroom 
Dimensions - 0 x 0Level - First
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Exterior Features
Construction Details 
Other
Exterior 
RV HookupStorage
Fencing 
FencedFront Yard
Lot Features 
Few Trees
Other Structures 
Garage(s)Guest HouseStorageWorkshop
Patio And Porch 
CoveredDeckFront Porch
Roof 
Composition
Windows/Doors 
Window Coverings
Community Features
Association Dues 
18
Financing Terms Available 
CashConventional
HOA Fee Frequency 
Annually
Horse Allowed 
Yes
School District 
Granbury ISD
Schools
School District
Granbury ISD
Elementary School
Nettie Baccus
Middle School
Granbury
High School
Granbury
Listing courtesy of Pamela Allison of Cornerstone Home and Ranch pamallisonchr@gmail.com



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2026-04-22 10:42 PM CDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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