Rare opportunity in Hood County featuring 1.22 acres with potential industrial or commercial use possibilities. This unique property offers flexibility for investors, business owners, or buyer looking for live and work opportunity with room for equipment, storage, or future expansion. The property includes an existing 3 bedroom 1 bath home ready for your vision and updates, making it an ideal fixer upper opportunity with endless potential. A large covered metal structure-shop area in the back provides ample space for machinery, vehicles, boats, workshop use, or additional storage. Conveniently located near Lake Granbury with easy access to Granbury amenities, this property combines functionality, versatility, and investment potential. Whether you're looking for a renovation project, or land with usable improvements already in place, this one offers a variety of possibilities.