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  2. Location
  3. Interior
  4. Exterior
  5. Property
  6. Schools
  7. Tax
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Status: Active

4301 Monroe Hwy 
Granbury, TX 76049

20% Drop

$11,505,750

$9,204,600

------/mo*
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Nestled just 5 miles northwest 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
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Baths
0
House Size
--
Lot Size
460.23 ac
School District
Granbury ISD

Location

Market Insights

In the last 30 days, homes for sale in 76049, Granbury, TX were on the market for a median of 56 days and 11.63% of homes sold above list price.

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Exterior Information

fence
Barbed Wire
road surface
Asphalt

Property Information

lot
Wooded
Agricultural
Many Trees
Pasture
subdivision name
T E Carpenter - Abst 102
utilities
Electricity Connected
water source
Well
  • Listed By Sheldon Wellborn
  • (817) 366-3850
  • Ranch Connection LLC
  • (817) 366-3850
  • cynthia@ranchconnection.com
  • MLS 20774388

Tax History

Date

Property Tax

Land

Additions

Tax Assessment

2022$90 (-41.5%)$0$27,290$27,290 (-3.4%)
2021$153$0$28,250$28,250

Tax data provied by Attom


Monthly Payments Calculator

Estimated Monthly Cost

$48,805

30 year fixed·6.9% interest rate
Principal & Interest
$48,497
Property Taxes
$8
Home Insurance
$300
HOA Fees
$0
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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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