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Days18Days on Market
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$425,000

$495,000

111 N Baker Street B, Granbury, TX, 76048

On MarketInfo
CommercialInfo
Price DropInfo
Baths0 Bath
Baths1,133 Sq Ft
OfficeOffice
Year BuiltBuilt in 1947

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringCombination, Tile, Vinyl

Exterior

Lot Size24,394 sqft

Building Information

Year Built1947
Stories1

Land Information

APN15710.037.0002.0
Lot Number2
SubdivisionThrash
Land UseCommercial
Legal DescriptionACRES: 0.560 LOT: 2 BLK: 37 SUBD: THRASH
Census Tract160100
Assessed Land Value$60,990
Assessed Improvement Value$36,070
Assessment Year2025

About this property

Charming Historic Professional Complex Minutes from Granbury Square! Discover the perfect blend of mid-century character and 21st-century infrastructure at 111 N. Baker St. Currently occupied by the Salvation Army of Hood County, this 1,133 SF gem was originally built in 1947 and underwent a meticulous renovation in 2020-2021. This unique property is an ideal turn-key solution for a law firm, real estate boutique, or private counseling practice. No stone was left unturned during the remodel: the building features all-new electrical, comprehensive plumbing replacement (including lines to the street and meter), new energy-efficient windows, and a modern HVAC system. For maximum efficiency and comfort, spray foam insulation was added to the walls and roofline, complemented by specialized soundproofing in the interior walls and ceilings to ensure total privacy for the conference room and private offices. All electric. The interior showcases rustic doors and trim, wood flooring, attractive cabinetry, and new tile in bathrooms. The layout features a welcoming reception area, a dedicated conference room, a functional kitchenette, and generous storage. Situated on a half-acre corner lot with ample parking and flatwork, the property offers room for future expansion. Property is being sold subject to a lease that expires on February 28, 2027.

Investor Tools

$0Estimated Mortgage Balance
$97,060Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

Interested in this property?

Lana Robinson

Prairie Wind Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$169/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,538
$97,060
2025
$60,990
$36,070
$97,060
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,538
$97,060

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$97,060
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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111 N Baker Street B | Property Details | No Agent List