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$1,950,000

101 W Pearl St, Granbury, TX, 76048

On MarketInfo
Just AddedInfo
CommercialInfo
Baths0 Bath
Baths2,950 Sq Ft
BusinessBusiness
Year BuiltBuilt in 1890

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringWood

Exterior

Lot Size3,267 sqft

Building Information

Year Built1890
Stories2

Land Information

APN15300.008.0001.1
Lot NumberE
SubdivisionOriginal Town
Land UseCommercial
Legal DescriptionACRES: 0.075 LOT: E 66' 1 BLK: 8 SUBD: ORIGINAL TOWN
Census Tract160100
Assessed Land Value$98,010
Assessed Improvement Value$727,990
Assessment Year2025

About this property

Located on Historic Granbury Square, this prominent corner property offers a mixed-use opportunity with retail, short-term rental and potential investment income. Positioned in the heart of Granbury's historic district, the building features high visibility, a corner location, dedicated parking and close proximity to the shops, restaurants and attractions surrounding the Square. The first floor is currently configured for retail use and provides an established commercial presence. The upper level features a 3-bedroom residential space currently utilized as a short-term rental. The combination of commercial and residential uses provides multiple potential income streams within one property. The historic brick building features distinctive architectural details, large windows, and a prominent presence along the streetscape. Its corner location provides visibility from multiple directions and places the property within one of Granbury's most recognized commercial and historic areas. Opportunities to acquire mixed-use property on Historic Granbury Square are limited due to the established nature of the district and limited inventory of commercial buildings in this location. The property may appeal to investors or owner-operators seeking a combination of retail space, residential accommodations, and potential income-producing uses. Whether maintained in its current configuration or considered for future use subject to applicable regulations and approvals, this property offers a location and layout suitable for a variety of commercial and investment opportunities. Information regarding current uses, income, and property features should be independently verified by the buyer.

Investor Tools

$0Estimated Mortgage Balance
$826,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,700 /month
Positive
Cash Flow Estimate:
$3,900 /month

Interested in this property?

Paula McDonald

Beam & Branch Realty, PLLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,435/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,085
$826,000
2025
$98,010
$727,990
$826,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$13,085
$826,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$826,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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

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101 W Pearl St | Property Details | No Agent List