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$425,000

416 S Morgan St, Granbury, TX, 76048

On MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths1,801 Sq Ft
OfficeOffice
Year BuiltBuilt in 1968

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size10,498 sqft

Building Information

Year Built1968
Stories1

Land Information

APN15610.003.0001.0
Lot Number1
SubdivisionLambert
Land UseCommercial
Legal DescriptionACRES: 0.241 LOT: 1 BLK: 3 SUBD: LAMBERT
Census Tract160100
Assessed Land Value$73,490
Assessed Improvement Value$107,940
Assessment Year2025

About this property

Medical Office & Professional Office Building, Prime Corner Location Near Lake Granbury Medical Center, Hwy 377 & Historic Granbury Square Move-in ready commercial office building on a high-visibility corner lot just minutes from Lake Granbury Medical Center, Hwy 377, and Granbury's Historic Square. Recent improvements include a new roof, fresh landscaping, and interior updates, creating a turnkey opportunity for an owner-user or investor. Ideal for a medical office, physician or specialist, dental, counseling, behavioral health, therapy, chiropractic, wellness, home health, hospice, insurance, CPA, attorney, title company, real estate, construction, or executive office. The flexible floor plan features a reception area with built-in desk, four private offices, conference or flex room, kitchenette, storage, an ADA-accessible entrance, and two separate parking lots providing ample parking for employees, clients, and patients. Located in Granbury's growing healthcare and professional services corridor, this property offers easy access to Hwy 377, serving Granbury, Weatherford, Stephenville, Glen Rose, Tolar, and the surrounding trade area. Nearby are Home Depot, Lowe's, Walmart, Starbucks, Brookshire's, HEB, Kroger, shopping, restaurants, schools, and professional services. A major mixed-use waterfront development with new housing, retail, restaurants, and entertainment is planned just across the lake, supporting continued commercial and residential growth. Combined with Granbury's expanding population and recognition as one of America's Best Historic Small Towns and they are now the Celebration Capital of Texas, this is an exceptional opportunity to own a versatile commercial office building with excellent visibility, accessibility, future leasing potential, and long-term investment value in one of North Texas' fastest-growing markets.

Investor Tools

$0Estimated Mortgage Balance
$181,430Estimated 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?

Wendy Rape

Magnolia Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$315/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,874
$181,430
2025
$73,490
$107,940
$181,430
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,874
$181,430

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$181,430
100%
0%
$0/mo

City: Granbury

416 S Morgan St | Property Details | No Agent List