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$123,820

NAL Estimated Property Value

614 E Pearl St, Granbury, TX, 76048

$160,400 ARVInfo
Off MarketInfo
CommercialInfo
Baths0 Bath
Baths942 Sq Ft
Year BuiltBuilt in 1928

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringOther, Wood

Exterior

Lot Size7,579 sqft

Building Information

Year Built1928
Stories1

Land Information

APN20348.001.0460.0
SubdivisionMilam Co - Abst 348
Land UseCommercial
Legal DescriptionACRES: 0.174 ABST: MILAM CO - ABST 348
Census Tract160100
Assessed Land Value$26,220
Assessed Improvement Value$97,600
Assessment Year2025

About this property

Exceptional opportunity to own a one-of-a-kind commercial property in a prime Granbury location. This charming retail or boutique building is ideally situated next to established retail spaces and directly across from the popular Granbury City Beach. With an average daily traffic count of 9,461 vehicles (TPP 2024), this property offers excellent visibility and accessibility for a wide range of commercial uses. The building features a distinctive, eclectic design that blends vintage character with creative potential—ideal for businesses looking to make a memorable impression. Whether you're establishing a boutique, gallery, studio, or specialty shop, this space offers a unique backdrop that can easily be customized to suit a variety of concepts. Its location is one of its strongest assets. Just a short walk to the Historic Granbury Square, the property is surrounded by restaurants, entertainment, and year-round events that bring consistent foot traffic to the area. The building includes four designated parking spaces, a rare amenity in this high-demand area, along with street parking nearby to accommodate visitors and patrons. Inside, the layout is flexible and open, offering a functional footprint for retail displays, dressing rooms, or workspace. Large front-facing windows provide natural light and excellent signage opportunities. The exterior also features unique architectural details that contribute to the building’s inviting curb appeal. Zoned for commercial use, this property presents a fantastic investment or owner-user opportunity in one of North Texas's most visited lakefront communities. Opportunities like this in such a desirable, high-traffic area are few and far between. Don’t miss your chance to establish your business in a location known for charm, character, and commercial success.

Investor Tools

Property Icon
$123,820
Estimated Property Value
$0Estimated Mortgage Balance
$123,820Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$160,399
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,970 /month
Positive
Cash Flow Estimate:
$990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$215/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,962
$123,820
2025
$26,220
$97,600
$123,820
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,962
$123,820

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$123,820
100%
0%
$0/mo

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.

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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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614 E Pearl St | Property Details | No Agent List