Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
Days170Days on Market
Views1view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$1,100,000

1002 W Pearl Street, Granbury, TX, 76048

On MarketInfo
CommercialInfo
Baths3,915 Sq Ft
Hotel/MotelHotel/Motel
price_per_sqft$280.97 / sqft
Year BuiltBuilt in 1910

Highlights

Interior

Garage AvailableGarage Available
FlooringLaminate, Tile, Wood

Exterior

Lot Size22,608 sqft

Building Information

Year Built1910
Stories1

Land Information

APN15410.002.0001.0
Lot Number1-4
SubdivisionCrites
Land UseCommercial
Legal DescriptionACRES: 0.519 LOT: 1 2 3 & PT 4 BLK: 2 SUBD: CRITES & PT BLK 1 LIVE OAK GBY
Census Tract160100
Assessed Land Value$62,170
Assessed Improvement Value$270,580
Assessment Year2025

About this property

Welcome to The Pomegranate House and Cottage Collection, one of Granbury’s most iconic and distinctive investment opportunities. The Pomegranate House, formerly known as the Ratliff House, was built in 1906 and is an exceptionally well-preserved example of Victorian Eastlake architecture. Located just 0.7 miles from the Historic Granbury Square and minutes from Lake Granbury, this beautifully preserved historic property blends timeless charm, architectural character, and income potential. The main home features double primary bedrooms, each with its own ensuite bath, two living areas, a dining room, kitchen, utility-laundry room, and a welcoming covered back porch overlooking a serene courtyard. Surrounding the courtyard are four charming cottages, each thoughtfully designed with a private bedroom and ensuite bath to provide guests with comfort and privacy. Currently operating as a successful income-producing short-term rental, the property offers six total bedrooms across the main home and cottages. A separate on-site lounge with a fully stocked coffee bar and arcade games enhances the guests' experience. The property also includes a dedicated laundry cottage equipped with multiple washers and dryers, as well as two additional storage and supply rooms to support operations. The beautifully landscaped grounds are anchored by majestic Live Oak trees estimated to be 300–400 years old, as verified by the Hood County Master Gardeners. They are living testaments to the property’s enduring legacy. A peaceful pond with waterfall, inviting outdoor gathering areas, and exceptional curb appeal complete this truly remarkable setting. Situated on a fully fenced 0.519-acre corner lot, the property is offered fully furnished and fully equipped for a true turnkey opportunity. Endless possibilities await, continued short-term rental use, ideal for family gatherings, boutique hospitality, event venue, office space, or bed and breakfast. Property tour video available upon request.

Investor Tools

$0Estimated Mortgage Balance
$332,750Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,600 /month
Positive
Cash Flow Estimate:
$2,200 /month

Interested in this property?

Susy Saldivar

Susy Saldivar Real Estate

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$578/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,271
$332,750
2025
$62,170
$270,580
$332,750
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,271
$332,750

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$332,750
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Granbury

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

1002 W Pearl Street | Property Details | No Agent List