Discover Catalina Bay
OVERVIEW
Luxury Homes for Sale in Catalina Bay, Granbury, TX
Catalina Bay is a gated residential neighborhood on Lake Granbury, reached from Waters Edge Drive south of US 377. Catalina Bay homes for sale primarily consist of detached single-family residences, including waterfront homes along canals, protected water, and areas near the main lake, as well as selected homes not marketed as waterfront. Many waterfront residences feature private docks or boat lifts, outdoor entertaining areas, and water views. Current 2026 inventory appears on streets including Sunset Bay Court, Boca Bay Court, Monterey Bay Court, Huntington Cove Court, and Catalina Bay Boulevard. Available properties give buyers a choice among canal-front locations, protected-water settings near the main body of Lake Granbury, direct lakefront properties, and selected interior locations, with differences in views, dock facilities, shoreline configuration, and exposure to open water.
This Catalina Bay neighborhood guide highlights a community that combines lake-oriented living with convenient access to Granbury’s US 377 retail and service corridor. Current listing records for reviewed Catalina Bay properties identify HOA membership, gated access, public water and sewer service, and underground utilities, although buyers should verify the services provided to each individual property. Home designs and lot configurations vary, so buyers should evaluate shoreline position, dock condition and permits, usable water depth, flood-zone information, HOA obligations, and property-specific insurance requirements before making an offer. The neighborhood also provides convenient access to downtown Granbury, golf, shopping, dining, and public recreation on Lake Granbury.
Experience the Neighborhood
Top Reasons to Buy in Catalina Bay
Waterfront Access
A major appeal of Catalina Bay real estate is the opportunity to own directly on Lake Granbury or along a connected canal or protected-water area. Many current waterfront listings include private docks, covered dock structures, or boat lifts, providing convenient access for boating, fishing, and other lake activities. Because waterfront conditions vary by address, buyers should evaluate the dock structure, shoreline improvements, property-specific water depth, and applicable permit records during due diligence.
Everyday Convenience
Catalina Bay sits off Waters Edge Drive near US 377, providing a direct connection to groceries, restaurants, professional services, and other daily needs along Granbury’s main commercial corridor. Historic Granbury Square, Granbury City Beach Park, and additional Lake Granbury recreation are also accessible from the neighborhood. This location may appeal to buyers who want a waterfront home while remaining connected to Granbury’s established shopping, dining, and service areas.
Room to Choose
For buyers considering living in Catalina Bay Granbury, the current housing inventory offers meaningful variation in size, price, lot area, and waterfront setting. July 2026 active listings reviewed ranged from approximately 2,270 to 6,102 square feet, with options that include canal-front properties, protected-water locations, direct lakefront homes, and selected interior lots. Buyers can compare mid-sized residences with larger entertaining-focused properties offering features such as swimming pools, game rooms, covered patios, outdoor kitchens, and substantial outdoor living areas.
Catalina Bay Real Estate Snapshot
- Price Range: Active listings reviewed ranged from approximately $749,000 to $2.59 million, extending from a smaller interior-lot residence to a large luxury waterfront property.
- Year Built: Active homes reviewed were built from 2011 through 2022, giving buyers a mix of established and more recently completed residences.
- Interior Square Footage: Active homes reviewed ranged from approximately 2,270 to 6,102 square feet of reported living space.
- Lot Size: Reviewed listings ranged from approximately 0.24 to 0.86 acres, with lot shape and waterfront conditions varying by address.
- Days on Market: Reviewed active listings ranged from approximately 9 to 115 days on market, although reported figures may vary by listing source and update date.
- Tax Rate: Properties in the community are generally subject to an approximate 1.6% property tax rate, with actual taxes varying based on assessed value and applicable local taxing authorities.
- Community Layout: Catalina Bay and The Island have separate entrances but are part of the same community, featuring similar home styles throughout.
LISTINGS
Latest Homes for Sale in Catalina Bay
DEMOGRAPHICS
Who Lives in Granbury, TX
ENTERTAINMENT
Things to do Around Catalina Bay
Lake Granbury
Boating, fishing, paddling, and waterfront views shape relaxed lake days.
Granbury City Beach Park
Sandy shoreline, swimming, picnics, and kayak rentals welcome easy outings.
Historic Granbury Square
Shops, restaurants, events, and preserved architecture create walkable downtown charm.
Harbor Lakes Golf Club
Private championship golf, lake views, dining, and onsite practice facilities.
SCHOOLS
Schools near Catalina Bay
ON THE MAP
Catalina Bay, Granbury, TX on the Map
From US 377 in Granbury, turn south onto Waters Edge Drive. Continue to the gated entrance specified for the property, either Catalina Bay Boulevard or the Island Drive entrance, depending on the address. Obtain the gate code or access instructions before arriving, then follow the property’s neighborhood directions.