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$485,000

NAL Estimated Property Value

221 W Pearl Street, Granbury, TX, 76048

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths2,280 Sq Ft
Hotel/MotelHotel/Motel
price_per_sqft$186.4 / sqft
Year BuiltBuilt in 1913

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringCeramic Tile, Wood

Exterior

Lot Size9,627 sqft

Building Information

Year Built1913
Stories2

Land Information

APN15710.023.0000.1
Lot Number1
SubdivisionThrash
Land UseResidential
Legal DescriptionACRES: 0.221 LOT: PT NW PT 1 BLK: 23 SUBD: THRASH
Census Tract160100
Assessed Land Value$60,000
Assessed Improvement Value$355,570
Assessment Year2025

About this property

Join the vibrant and historic Granbury Square! Just a few short minutes walk to the best restaurants and sites in Granbury. This 1913 historic home has been a bed and breakfast and a residence. It is ideal for office, medical or retail space. The gracious living room opens into two giant rooms- a parlor and a large dining room. This is the ideal setting for an elegant waiting room opening up to a grand office or conference room. Additionally, find two generous sized office suites. Elegant restroom on ground floor along with a full sized kitchen and large break room. Upstairs, you'll enjoy either a plentiful storage or deluxe, private studio or office suite inc oversized full bathroom.

Investor Tools

Property Icon
$485,000
Estimated Property Value
$0Estimated Mortgage Balance
$485,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,910 /month
Positive
Cash Flow Estimate:
$970 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$751/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,583
$415,570
2025
$60,000
$355,570
$415,570
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,583
$415,570

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$485,000
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.

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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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221 W Pearl Street | Property Details | No Agent List