Granbury is picturesquely situated on Lake Granbury. The seat of Hood County, it was settled in 1854 by Thomas Lambert who united it with the settlement called Stockton to form the nucleus of Granbury. The downtown square is listed on the National Register of Historic Places and the readers of Texas Highways magazine named this Victorian courthouse square "The Best Town Square in Texas." Bed and breakfast accommodations are offered in some of the historic buildings.
Granbury Cemetery is final resting place of the infamous outlaw Jesse James, as well as General Granbury(city namesake) and family members of Davy Crockett.