$125,000

EXCEPTIONAL DEVELOPMENT OPPORTUNITY IN GRANBURY! Discover the possibilities with this 1.402-acre tract located at the corner of Meander Road and Estate Drive, offering approximately 61,049 square feet of land with a documented history of multifamily development planning. What sets this property apart is its previous development activity with the City of Granbury. In 2009, plans were presented for a 24-unit multifamily project consisting of three buildings with eight residential units each. The Granbury Planning and Zoning Commission and City Council approved the preliminary plat and associated variances, and the property was subsequently final-platted as Lot 1, Block 1 of Meander Park Addition. Historical municipal records document proposed public water and sewer extensions, fire-lane access, roadway improvements, drainage considerations and detention requirements. The recorded plat identifies utility, drainage and fire-lane easements, offering valuable information for evaluating future site development. Although the original apartment project was never constructed, the property's documented planning history provides an interesting opportunity to explore a new development concept. Potential uses may include multifamily residential or other development possibilities, subject to current zoning, applicable regulations and municipal authorization. Conveniently situated near US Highway 377 with access to Granbury's shopping, dining and business corridors. Historical Planning and Zoning records, City Council documentation and recorded survey are available for review. Previous development plans and municipal decisions are historical and do not establish current building entitlements or permitted density. Purchasers should independently verify zoning, jurisdiction, utilities, easements, restrictions, infrastructure obligations and development feasibility with the appropriate authorities. An opportunity to explore the potential of a distinctive Granbury development tract!