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4301 Monroe Hwy, Granbury, TX, 76049

$10,815,405

460.23 Acres
Land

Location

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Property Highlights

Home TypeSingle Family Residence
MLS #20774388
Lot Size460.23 Acres
StatusActive

About 4301 Monroe Hwy

Nestled just 5 miles north of the rapidly developing town of Cresson, Texas, lies the stunning Milburn Ranch. This expansive 460-acre property embodies the perfect blend of natural beauty, strategic location, and vast potential, making it an attractive opportunity for commercial investment. Approximately half a mile of highway frontage (Monroe Highway), offers great visibility. The ranch’s diverse landscape, featuring open pastures, wooded brush areas, the serene Rucker Creek, and several well-maintained tanks, provides a versatile canvas for a variety of commercial ventures. Remarkably, the Milburn Ranch has been in the same family for nearly a century, adding a rich historical significance and a legacy of land stewardship that has always remained paramount. Fort Worth: 30 miles Weatherford: 20 miles Granbury: 12 miles

Property Details

Property Features

Listing Office:

  • Office Name: Ranch Connection LLC
  • Office Phone: (817) 366-3850
  • Listing Agent: Sheldon Wellborn

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  • Virtual Tour: 4301 Monroe Hwy
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Lot Features

Lot Information:

  • Lot: Agricultural, Trees, Pasture, Many Trees, Wooded
  • Lot Size: 460.23 Acres

Other

Directions Information:

  • Directions: Please contact listing agent for directions.

Price Information

Listing Price Info

Price Summary:

  • List Price: $10,815,405

Tax Information:

  • Annual Amount: $155
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Granbury, TX.

Med. List Price

$373.2K

Med. Price/SqFt

$197

Avg. Days On Market

100

# of Sold Homes

79

4301 Monroe Hwy vs Granbury

39 DAYS ON ROCKET

-61 Days

$10,815,405

+$10.4M More

KEY TAKEAWAY

This property is $10.4M more than the Median List Price in Granbury, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20774388

Listing Office:

  • Office Name: Ranch Connection LLC
  • Office Phone: (817) 366-3850
  • Listing Agent: Sheldon Wellborn

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 12/18/2024, 6:21:04 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$155$28,250

History based on county public records data.

Payment Calculator

$54K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$32.4K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4428394
8
/10
  • Oak Woods Elementary School

  • 311 Davis Rd

  • 7.83 miles

  • Public District Grades EE-5

school-card-donut-4428395
7
/10
  • Acton Elementary School

  • 3200 Acton Hwy

  • 7.98 miles

  • Public District Grades EE-5

school-card-donut-4428396
7
/10
  • Nettie Baccus Elementary School

  • 901 Loop 567

  • 8.08 miles

  • Public District Grades EE-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,880. The majority of Granbury, TX residents have income between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4301 Monroe Hwy

What is the listing price of this property?

The listing price of 4301 Monroe Hwy property is $10,815,405.

What type of property is this?

The property 4301 Monroe Hwy is land located in Granbury, Texas, 76049.

Is this property for sale now?

Active Listing: 4301 Monroe Hwy is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $155 (source: MLS/based on county public records data).

How much acreage is this property?

The property 4301 Monroe Hwy is 460.23 acres.
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Rocket HomesTexasHood CountyGranbury760494301 Monroe Hwy

This home is located at 4301 Monroe Hwy in Granbury, TX and zip code 76049. This home sits on a 460.23 acre lot. It has been listed on Rocket Homes since November 09, 2024 and is currently priced at $10,815,405.

Between October 2024 and November 2024, Granbury, TX real estate market has seen increase in the number of listings by 7.2%. While the average time on the market in November 2024 was 100 days, the median list price was $373,259.

From Rocket Homes Real Estate and based on county public records data.

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