In Granbury and Hood County, you can live in the city or in the country, in a gated community or on a sprawling ranch, on the lake or on the river, or in a townhouse..... We offer something for every taste. Granbury is a dynamic and growing community located approximately 30 miles Southwest of Fort Worth, Texas on US Highway 377. Nestled around Lake Granbury, which was created in 1969 by damming the Brazos River, Granbury offers a unique dichotomy of both historic attractions, present day accommodations and shopping. Our historic square remains in many ways just as it was in the late 1800's. Many of the buildings on the square are registered historic landmarks, including the Granbury Opera House. Granbury is "Where Texas History Lives".