The story of this market
The typical home in ZIP 76048 sells for about $315,000, or $233 per square foot.
Homes take about 92 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,463 a month.
ZIP 76048 — Granbury
The housing market in 76048 shows stable activity with a median list price of $350,000 for the broader Hood County area, though specific ZIP-level closed sales and inventory metrics are not currently published. The area remains a popular destination for those seeking a balance between lake-side living and access to the Fort Worth metroplex. Market conditions are currently neutral as the region continues to absorb new residential growth.
This ZIP is well-suited for families and retirees seeking a lake-oriented lifestyle with proximity to the Fort Worth metroplex, offering a balance of suburban amenities and small-town character.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 92 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · poverty 9.5% — a stable, low-distress profile.
ZCTA 76048, Hood County TX
Schools in the area are primarily served by the Granbury Independent School District, which maintains a standard accountability rating within the region.
The area is subject to standard Texas climate risks, including potential for severe storms and heat, with insurance premiums influenced by regional hazard exposure.
Granbury serves as a regional hub for Hood County with steady residential development and a mix of local retail and service-based economic activity.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
Residents typically commute via highway corridors toward the Fort Worth metropolitan area, with a mean commute time of approximately 31 minutes.
The area features significant access to Lake Granbury, local parks, and historic downtown shopping and dining districts.
The rental market is characterized by a mix of single-family homes and apartment units, with demand driven by the area's growth as a residential destination.
The local economy is anchored by retail, tourism, and services, with many residents commuting to the broader Fort Worth employment market.
Transportation is primarily automobile-dependent, relying on major state highways for regional connectivity.
Development activity is focused on residential expansion and infrastructure improvements to support the growing population.
The Hood County Appraisal District manages property assessments for all parcels within the county.
Parcels are subject to various special districts, including the Granbury Independent School District and local utility or water districts.
Property insurance markets in the region are sensitive to regional weather patterns and state-wide insurance trends.
Data retrieved from Census Reporter profile for 76048.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
A major reservoir providing recreational boating, fishing, and waterfront living.
The historic center of the city featuring local boutiques, restaurants, and entertainment.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.