203 S Lancaster Street

What's special

• Brick exterior
• Open floor plan
• Covered patio
• Deck
• Single story

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!!!

Home facts

Overview

Price

$199,995

Price per sq ft

$168

Status

Active

Property type

Single Family Residence

Year built

1956

Condition

Resale

Style

Traditional, Detached

Stories

1

Levels

One

Days on market

154

Price last changed

Sep 7, 2026

Bedrooms & bathrooms

Bedrooms

3

Full bathrooms

2

Living area

1,192 sq ft

Interior

Features

Decorative Designer Lighting Fixtures, Eat In Kitchen, High Speed Internet, Open Floorplan, Cable Tv, Walk In Closets

Appliances

Some Gas Appliances, Built In Gas Range, Gas Water Heater, Microwave, Plumbed For Gas

Flooring

Luxury Vinyl Plank

Heating

Central, Natural Gas

Cooling

Central Air, Ceiling Fans, Gas

Exterior & lot

Lot size

0.09 acres · 3,920.4 sq ft

Lot

Acreage, Back Yard, Cleared, Lawn, Landscaped, Level, Many Trees

Patio & porch

Covered, Deck

Fencing

Back Yard, Chain Link, Fenced, Privacy, Wood

Roof

Composition

Foundation

Pillar Post Pier

Construction

Brick

Parking

Parking

Driveway, No Garage, Paved, On Street, Unassigned

HOA & taxes

HOA

No

Community features

Curbs

Annual property tax (per MLS)

$2,027

Utilities & efficiency

Utilities

Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Water Available, Cable Available

Water

Public

Sewer

Public Sewer

Energy features

Appliances, Insulation, Thermostat, Water Heater

Take the virtual tour

Facts are from the listing on the NTREIS MLS, shown as provided. Verify anything important to you.

Assigned schools

• ElementaryEmma RobersonGranbury ISDRatings on GreatSchools
• MiddleGranburyGranbury ISDRatings on GreatSchools
• HighGranburyGranbury ISDRatings on GreatSchools

School assignments come from the MLS and can change, so confirm them with the district. For school ratings and accountability reports, see GreatSchools.org and TXschools.gov (Texas Education Agency). Information provided for general reference; buyers should independently verify schools, districts, and community details.

Neighborhood & nearby

Kay Neely subdivision · Granbury, TX 76048 · Hood County

Parks

• Granbury City Park 0.3 mi
• Log Cabin 0.3 mi
• Decker Field 0.3 mi
• Shanley Park 0.6 mi

Dining

• Mama's Pizza 0.3 mi
• Bob’s Off the Square 0.5 mi
• Babe's Chicken Dinner House 0.5 mi
• Farina's Winery & Cafe 0.6 mi

Groceries & shopping

• Brookshire's 0.8 mi
• Walmart Supercenter 1.2 mi

Fitness & recreation

• Granbury City Park 0.3 mi
• Dana Vollmer Municipal Swim Center 0.4 mi
• Granbury Skating Rink 0.6 mi
• Planet Fitness 0.9 mi

Library & movies

• Hood County Public Library 0.5 mi
• Brazos Drive-in 0.6 mi
• Cinergy Granbury 1.4 mi

Straight-line distances. Places data © OpenStreetMap contributors. Information provided for general reference; buyers should independently verify schools, districts, and community details.

Street view