PRICE IMPROVEMENT - NOW 450,000! Rare opportunity to own 5 acres of improved property on the desirable east side of Granbury, where acreage with existing improvements is increasingly hard to find. Located outside the city limits with no known deed restrictions, this property offers space, flexibility and tremendous potential in a sought-after Granbury location. The property features a substantial 17-stall barn with a designated wash rack area, tack room and potential office space, plus pipe runs with gates leading to larger turn-out pastures. Additional improvements include a built-in round pen, breaking pen and horse walker. The property is perimeter fenced with pipe and top rail, cross-fenced near the barn, and includes two entry gates. Existing private well and septic system also in place. While ideally suited for ranch or horse-related use, the possibilities extend well beyond that. The existing improvements provide a foundation for a private acreage property, horse facility, boarding operation, investment project or future homesite. Three former RV spaces were previously located along the right side of the property. Per seller, RV plumbing remains connected to the septic system; water would need to be extended to the sites and electrical installed. Revamp these spaces for potential guest, caretaker or additional income use. This is a rare opportunity to secure 5 acres on the east side of Granbury with existing improvements and the flexibility to bring your own vision. Property is being sold as is and will require work and investment. Buyer to verify all information, intended uses, zoning and development possibilities with Hood County and applicable authorities. At 450,000, don't miss the opportunity to turn this unique property into something truly your own!