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Lot 5 E Highway 377
Granbury, Texas 76035

County: Hood None

Introducing a premier commercial development opportunity in Cresson, Texas. This offering consists of seven newly available lots ideally positioned for business growth and long-term investment. Strategically located just minutes from Granbury, these parcels benefit from placement within one of the region’s most business-friendly communities. The area has experienced significant commercial expansion, driven in part by increased traffic flow along Highway 377 following completion of the loop that bypasses Cresson’s well-known railroad crossing. The lots range in size from approximately 5.023 acres to 12.067 acres, providing flexibility for a variety of commercial development concepts. Five of the seven lots feature direct frontage along Highway 377, offering exceptional visibility and accessibility for a wide range of uses. Utilities, including electric and fiber connectivity, are readily available, supporting modern business infrastructure needs. This is a rare opportunity to establish a presence in a rapidly growing corridor with strong traffic counts and continued development momentum. Developer will subdivide.

Essential Information

  • Price$1,229,699
  • Reduced By$122,301
  • Cumulative Days on MarketUnlock
  • MLS® #21290441
  • Acres5.65
  • TypeCommercial Sale
  • Sub-TypeUnimproved Land
  • StatusActive
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Quick Valuation Analysis from 12 Active and 3 Sold Listings

Pricing Trends from 12 Active Listings in None

This Home's Price $1,229,699 This Home's Price Per SqFt $
Average Price $1,426,892 Average Price Per SqFt $
Highest Price $4,000,000 Highest Price Per SqFt $
Lowest Price $285,000 Lowest Price Per SqFt $

Pricing Trends from 3 Sold Listings in None

This Home's Price $1,229,699 This Home's Price Per SqFt $
Average Price $533,300 Average Price Per SqFt $
Highest Price $649,900 Highest Price Per SqFt $
Lowest Price $400,000 Lowest Price Per SqFt $

Property Details

Community

  • AddressLot 5 E Highway 377
  • SubdivisionNone
  • CityGranbury
  • CountyHood
  • StateTexas
  • Zip Code76035
  • UtilitiesSewer Not Available, No Sewer, No Water

Exterior

  • Lot DescriptionAcreage

Additional Information

  • ZoningCommercial

Private Listing Information (Registration Required)

Listing Details

  • AgentStephen Reich
  • OfficeWilliams Trew Real Estate

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Listing information last updated on October 17th, 2026 at 4:30am CDT.