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203 S Lancaster Street, Granbury, Texas– $199,995
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  • $200k Price
  • 3 Beds
  • 2 Baths
  • 1,192 Sqft
  • .09 Acres
  • 1956 Year Built
  • Study
  • Game Room
  • Media
  • Pool
  • $200k Price
  • 3 Beds
  • 2 Baths
  • 1,192 Sqft
  • .09 Acres
  • 1956 Year Built
  • Study
  • Game Room
  • Media
  • Pool

203 S Lancaster Street
Granbury, Texas 76048-1858

County: Hood Kay Neely

OMG! PRICE DRASTICALLY REDUCED!!!! OWNER SAYS Sell IT! FORMERLY GREAT DEAL JUST GOT EVEN BETTER!!! STR friendly in a great area close to Historic downtown district! This charming home is just a short stroll from the Historic Granbury Square and city parks. With three bedrooms and two baths, it features a warm, comfortable layout, luxury vinyl plank flooring in the kitchen and living areas, and abundant natural light. The kitchen offers a gas range, dishwasher, ample cabinet space, and easy access to the dining room, utility room, and a huge covered outdoor patio. The primary suite and secondary bedrooms are thoughtfully arranged for versatility, with an extra room perfect for an office or other use. Central heating and air keep the home cozy year-round, while new lighting fixtures and fans add an updated, efficient touch. Custom-tiled bathrooms bring a surprising air of luxury. Outside, mature shade trees and a spacious covered back deck create a great space for relaxing or entertaining. The private, low-maintenance backyard is complemented by fresh exterior paint and classic curb appeal. Located in the Kay Neely subdivision, this home offers the convenience of downtown living with quick access to restaurants, parks, shopping, festivals, and all the charm of the Granbury Square. It’s ideal as a comfortable residence, a short-term rental, or a low-maintenance investment property. Wheelchair accessibility, a backyard storage shed, and even a donut shop within walking distance make this place hard to resist—MAKE IT YOURS TODAY!!!

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Tax Value @ 100% of Sales Price, HOA Included
Tax Value @ 85% of Market Value, HOA Not Included

Essential Information

  • Price$199,995
  • Est. Payment /m
  • Reduced By$50,004
  • Cumulative Days on MarketUnlock
  • MLS® #21228520
  • Bedrooms3
  • Bathrooms2.00
  • Square Footage1,192
  • Acres0.09
  • Year Built1956
  • Built Desc.Preowned
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StyleTraditional
  • StatusActive Under Contract
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Quick Valuation Analysis from 2 Active Listings

Pricing Trends from 2 Active Listings in Kay Neely

This Home's Price $199,995 This Home's Price Per SqFt $
Average Price $222,498 Average Price Per SqFt $
Highest Price $245,000 Highest Price Per SqFt $
Lowest Price $199,995 Lowest Price Per SqFt $

Property Details

School Information

Community

  • Address203 S Lancaster Street
  • SubdivisionKay Neely
  • CityGranbury
  • CountyHood
  • StateTexas
  • Zip Code76048-1858
  • HOANone
  • UtilitiesAsphalt, Cable Available, City Sewer, City Water, Curbs, Electricity Connected, Individual Gas Meter, Individual Water Meter
  • Taxes2027

Amenities

  • GaragesDriveway, No Garage, On Street, Paved, Unassigned

Interior

  • Interior FeaturesCable TV Available, Decorative Lighting, Eat-in Kitchen, High Speed Internet Available, Open Floorplan, Walk-In Closet(s)
  • FloorsLuxury Vinyl Plank
  • Disability FeaturesAccessible Approach with Ramp

Exterior

  • FenceBack Yard, Chain Link, Fenced, Privacy, Wood
  • Lot DescriptionAcreage, Cleared, Landscaped, Level, Lrg. Backyard Grass, Many Trees

Construction Details / Floorplan

  • Living Areas1
  • Dining Rooms1
  • Full Baths2
  • RoofComposition
  • FoundationPillar/Post/Pier
  • ConstructionBrick

Energy Efficiency / Green Features / Heating & Cooling

  • Green Features12 inch+ Attic Insulation, Appliances, Drought Tolerant Plants, Low Flow Commode, Thermostat, Waterheater
  • HeatingCentral, Natural Gas

Private Listing Information (Registration Required)

Listing Details

  • AgentJerry Allen
  • OfficeExp Realty, Llc

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Listing information last updated on October 17th, 2026 at 12:02pm CDT.