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$699,900

301 S Morgan St, Granbury, TX, 76048

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths2,412 Sq Ft
OfficeOffice
price_per_sqft$290.17 / sqft
Year BuiltBuilt in 1976

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringCarpet, Vinyl

Exterior

Lot Size19,515 sqft

Building Information

Year Built1976
Stories1

Land Information

APN15710.137.0001.3
Lot NumberN
SubdivisionThrash
Land UseCommercial
Legal DescriptionACRES: 0.448 LOT: N 130 FT 1 & E 1/2 2 BLK: 137 SUBD: THRASH
Census Tract160100
Assessed Land Value$136,500
Assessed Improvement Value$260,670
Assessment Year2025

About this property

Professional Office building conveniently located on a corner lot near the Central Business District in Granbury. Fully occupied with professional office suites. Excellent cash flow investment property. Corner lot with high visibility with frontage and access from two city streets, 23 parking spaces, drive-thru window access, recent updates and property improvements.

Investor Tools

Property Icon
$397,170
Estimated Property Value
$556,000Estimated Mortgage Balance
$0Estimated Equity
-40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,199 /month
Positive
Cash Flow Estimate:
$1,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$690/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,292
$397,170
2025
$136,500
$260,670
$397,170
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,292
$397,170

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wellington State Bank
Commercial
$556,000
No
First
Jun 2, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$547,040
N/A
0%
138%
$3,334/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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301 S Morgan St | Property Details | No Agent List