




$1,950,000
101 W Pearl St, Granbury, TX, 76048
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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.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Granbury
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