Joanna Ruesch

203 S Lancaster Street

Granbury, TX
$ 199,995 Beds 3 Baths 2 Sq 1,192 Virtual Tour
Monthly Estimate* How much can I afford?

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!!!

Active

  • Price
  • $ 199,995
  • City
  • Granbury
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • HOOD
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.09 Acres
  • Zip
  • 76048
  • Sqr Footage
  • 1,192
  • Year Built
  • 1956
  • Taxes
  • $ 2027
  • Style
  • Traditional
  • MLS#
  • 21228520
Listed By: exp Realty, LLC
Data Source: North Texas Real Estate Info Systems (NTREIS)

Features

General

Heating Central,Natural Gas
Cooling Ceiling Fan(s),Central Air,Gas
Utilities Asphalt,Cable Available,City Sewer,City Water,Curbs,Electricity Connected,Individual Gas Meter,Individual Water Meter
Possession Closing/Funding
Roof Composition
Appliances Built-in Gas Range,Gas Water Heater,Microwave,Plumbed For Gas in Kitchen
Easements Electric,Natural Gas
School District Granbury ISD
Exclusions nothing.
Year Built 1956
Architectural Style Traditional
Levels One
Unexempt Taxes 2027
Will Subdivide No
Property Subtype Single Family Residence
Subdivision Name Kay Neely
Accessibility Features Accessible Approach with Ramp
Transaction Type For Sale
Occupant Type Vacant
County Hood
Property Type Residential
Construction Materials Brick
Year Built Details Preowned
Accessory Unit Type Other
Accessory Unit Y/N Yes
HOA Type None
Green Energy Efficient 12 inch+ Attic Insulation,Appliances,Drought Tolerant Plants,Low Flow Commode,Thermostat,Waterheater
Special Notes Aerial Photo,Utility Easement
Full Baths 2
Status Active
Directions From Stephenville and 377,take Bus. 377 Pearl Street to Lancaster. Turn Right. Home is on the left. From 144 headed north,Left at light at Morgan and Pearl. Left on Lancaster. Home is on left. Fr
City Granbury
Elementary School Name Emma Roberson
High School Granbury
Elementary School Emma Roberson
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21228520
Standard Status Active
Listing Terms 1031 Exchange,Cash,FHA,Owner Will Carry,Texas Vet,USDA Loan,VA Loan

Interior Features

Interior Features Cable TV Available,Decorative Lighting,Eat-in Kitchen,High Speed Internet Available,Open Floorplan,Walk-In Closet(s)
Flooring Luxury Vinyl Plank
Dining Areas 1
Living Areas 1
Room Count 8
Lock Box Type Blue BT LE
Total Bedrooms 3
Total Baths 2

Exterior Features

Lot Features Acreage,Cleared,Landscaped,Level,Lrg. Backyard Grass,Many Trees
Vegetation Grassed,Partially Wooded
Fencing Back Yard,Chain Link,Fenced,Privacy,Wood
Soil Type Sandy Loam
Other Structures Outbuilding
Lot Size Source Assessor
Parking Features Driveway,No Garage,On Street,Paved,Unassigned
Lot Size Less Than .5 Acre (not Zero)
Foundation Pillar/Post/Pier
Lot Size Area 0.0900
Lot Size Units Acres
Structural Style Single Detached
Lot Size Square Feet 3920.4000
Lot Size Acres 0.0900
Patio And Porch Features Covered,Deck

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Waco, TX office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Emma Roberson Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

4/7/2026 Listed $249,999
7/2/2026 3% - $244,999
8/4/2026 7% - $229,995
9/7/2026 14% - $199,995

Property vs Zip Code Average in 76048

Price
AVG $450K
$200K
Taxes
AVG $3,899
$2,027
Year Built
AVG 2008
1956
Visits
AVG 222
311
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

203 S Lancaster Street Granbury, TX is a Single Family Home for sale at $199995 with 1192 sqft and a lot size of 0.09 Acres Acre(s). 203 S Lancaster Street Granbury has 3 bedrooms, 2 baths and was built in 1956. The property's zip code is 76048 which is in Granbury, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Joanna Ruesch

Joanna Ruesch

830-515-6166

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