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7417 US 377 hwy
Granbury, TX 76049
300 Acres | CRESSON, TX | Residential · Land For Sale · 300.00 AC

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INVESTMENT HIGHLIGHTS

  • Prime Location: 5 miles from Kelly Ranch in Aledo, adjacent to Putteet Hill Phase I, with 3/4 mile of highway frontage.
  • Unique Quarry Terrain: Distinctive landscape suited for projects such as a winery, entertainment venue, or recreational destination.
  • City-Approved Plat: Preliminary engineering complete with 149 residential lots already approved.

EXECUTIVE SUMMARY

This 300-acre residential development tract in Cresson, TX offers an exceptional blend of location, natural character, and development readiness. Just 5 miles from Kelly Ranch in Aledo and bordering the established Putteet Hill Phase I community, the property is strategically positioned for a successful residential project.
Featuring expansive views and naturally secluded homesites, the land invites creative planning and presents an ideal canvas for distinctive product types or custom home construction.
The property also benefits from Cresson’s notably low tax rates, creating a favorable investment landscape. Strong population growth in nearby Granbury, close proximity to the Dallas–Fort Worth metroplex, and the area’s tourism draw—including Lake Granbury and the Historic Downtown Square—further strengthen the long-term value of this offering.
Whether you envision a model-home master-planned community or a builder-oriented lot development, this tract provides the scale, setting, and market advantages to bring that vision to life.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Community Centre
  • Golf Course or Driving Range
  • Movie Theater
  • Movie, Radio or Television Studio
  • Planned Unit Development
  • Storefront, Retail or Office
  • Strip Centre
  • Winery or Vineyard
  • Amusement Park
  • Pasture Ranch
Total Lot Size 300.00 AC

1 LOT AVAILABLE

Lot

Price $7,119,192 CAD
Price Per AC $23,730.64 CAD
Lot Size 300.00 AC

300 acres featuring a quarry, quality soil, and build-ready land. Ideal for development, ranching, or investment with open terrain and excellent access. This property is priced right and ready to sell.

  • Listing ID: 38069349

  • Date on Market: 2025-10-14

  • Last Updated:

  • Address: 7417 US 377 hwy, Granbury, TX 76049

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