4301 MONROE HIGHWAY, GRANBURY, TX 76049
Homes for sale in Granbury.
Homes for sale in 76049.
4301 Monroe Highway
Granbury, TX 76049
List Price$9,204,600
Listing #20774388
About This Property
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
Property Features
Location Information
County
Hood
Subdivision
T E CARPENTER - ABST 102
Interior Features
Has Fireplace
No
Exterior Features
Water / Sewer
Electricity Available, Electricity Connected, Water Available
Current Use
Agricultural, Cattle, Grazing
Utilities
Electricity Available, Electricity Connected, Water Available
Possible Best Use
Agricultural, Commercial, D
Fencing
Barbed Wire
Zoning
None
Lot Description
Acreage, Agricultural, Hardwood Trees, Pasture, Pond on Lot, Many Trees, Wooded
Road Description
Highway, Asphalt
Lot Size in Acres
460.23
Is One Story
No
Lot Size in Sq. Ft.
20,047,618
Lot Description
Acreage, Agricultural, Hardwood Trees, Pasture, Pond on Lot, Many Trees, Wooded
School
Elementary School District
Granbury ISD
Jr. High School
Granbury
Elementary School
Acton
High School
Granbury
Additional Information
Property Type
LL
Has a Home Owners Association
No
Property SubType
Ranch
Exclusions
Deer stands, deer feeders, cattle feeders/equipment, all ranch equipment/implements.
Status
Active
Similar Listings
Mortgage Calculator
$42,986
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$33,169
Monthly Tax
$7,670
Monthly Insurance
$2,147
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing courtesy of
Sheldon Wellborn, Ranch Connection LLC
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NTREIS - North Texas data last updated at November 22, 2025, 6:39 PM CT
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