• Office Phone - 214.572.1400
  • Primary - 214.801.4417

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Listing provided courtesy of Elevate Realty Group- MLS# 21289226MLS ProviderContact Information: Natalie Self - (817) 736-5757

309-311 Lilac DriveGranbury, TX 76049

Multi-Family · 4 Beds · 2 Full Baths · 1,764 Sq. ft. | 0.23 Acres
$255,000 Active

309-311 Lilac Drive Overview

Visits:
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Calling all investors! **BRAND NEW ROOF INSTALLED, ALL 8 WINDOWS IN THE FRONT REPLACED, NEW FLOORING INSTALLED IN THE LIVING AREAS** This income-producing duplex is ready to generate returns from day one. Each unit offers 2 bedrooms and 1 bathroom, featuring an open floor plan that maximizes space and comfort. You can enjoy a fenced backyard, perfect for outdoor activities. Conveniently located close to shopping, dining, and entertainment, this property sits on the desirable Fort Worth side of town—ideal for commuters with easy access to the metroplex. Since a new roof was installed, it will provide added peace of mind and value for years to come. Don’t miss this opportunity to add a low-maintenance, fully leased property to your portfolio! **309 LILAC: NEW HVAC INSTALLED IN JUNE 2023. 311 LILAC: WATER HEATER REPLACED JUNE 2025. NEW DISHWASHER INSTALLED JAN 2023.

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309-311 Lilac Drive Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,764
  • Price/Sq.ft. $145
  • Lot 0.23 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Granbury ISD
  • Elementary School: Acton
  • Middle Or Junior School: Acton
  • High School: Granbury

Green Features

  • Green Energy Efficient: Appliances

Income/Expenses

  • Gross Income: 24900.0
  • Net Operating Income: 24900.0

Building Information

  • Year Built: 1986
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Hood
  • Postal City: GRANBURY
  • Subdivision Name: Eastwood Village

General Information

  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Parcel Number: R000011850
  • Property Sub Type: Duplex
  • Property Type: Residential Income

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 4

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 1764.0

General Information

  • Appliances: Dishwasher,Electric Oven,Electric Range,Refrigerator
  • Basement: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Vinyl
  • Foundation Details: Pillar/Post/Pier
  • Interior Features: Decorative/Designer Lighting Fixtures,Eat-in Kitchen,High Speed Internet,Cable TV
  • Levels: One
  • Stories: 1

Exterior

Parking Information

  • Open Parking: Yes
  • Parking Features: Common,Concrete,Open
  • Parking Total: 4.0

Lot Information

  • Lot Features: Back Yard,Corner Lot,Lawn
  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Size Square Feet: 10018.8
  • Lot Size Units: Acres
  • Number Of Buildings: 1
  • Water Source: Private

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Composition

General Information

  • Carport: No
  • Fencing: Chain Link,Fenced,None
  • Number Of Units Total: 2
  • Pool Features: None
  • Road Frontage Type: All Weather Road
  • Sewer: Septic Tank
  • Utilities: Electricity Available,None,Septic Available,Water Available,Cable Available

Unit Information

Unit 1 Details

  • Unit Type: 2 Bedroom
  • Units Total: 1

Unit 2 Details

  • Unit Type: 2 Bedroom
  • Units Total: 1

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

309-311 Lilac Drive Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

309-311 Lilac Drive Market Data

Based on the last 30 days in this zip code

$550,437
Average List Price
$228
Average Price per Square Foot
85
Properties Sold
158
Average Days on Market
489
Properties for Sale
Calculations provided by Reliance Network


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