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Days28Days on Market
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$2,000

$2,300

902 W Pearl St, Granbury, TX, 76048

On MarketInfo
CommercialInfo
Price DropInfo
Baths1,380 Sq Ft
OfficeOffice
Year BuiltBuilt in 1928

Highlights

Interior

FlooringTile, Wood

Exterior

Lot Size15,682 sqft

Building Information

Year Built1928
Stories1

Land Information

APN15410.001.0001.0
Lot Number1
SubdivisionCrites
Land UseCommercial
Legal DescriptionACRES: 0.360 LOT: 1 & PT OF CRITES ST BLK: 1 SUBD: CRITES
Census Tract160100
Assessed Land Value$43,130
Assessed Improvement Value$128,600
Assessment Year2025

About this property

Prime commercial lease opportunity located at 902 W Pearl Street in the heart of Granbury. This high-visibility property sits along a well-traveled street just minutes from the Historic Granbury Square, offering excellent exposure and easy access for customers and clients. The space features a flexible layout suitable for retail, office, or service-oriented businesses, with parking and strong signage potential. Surrounded by established businesses and continued area growth, this location provides an ideal setting for new or expanding operations seeking a central and convenient presence in Granbury. This property is being offered furnished and ready for you! Owner will maintain exterior and lawn. Owner to pay all utilities. Brick addition on side of building is NOT available for lease or showings. This lease is for the main building only.

Investor Tools

Property Icon
$171,730
Estimated Property Value
$218,250Estimated Mortgage Balance
$0Estimated Equity
-27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,030 /month
Positive
Cash Flow Estimate:
$343 /month

Interested in this property?

Pam Knieper

Knieper Realty, Inc.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$298/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,720
$171,730
2025
$43,130
$128,600
$171,730
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,720
$171,730

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pinnacle Bank
Unknown
$218,250
No
First
Apr 24, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$217,936
N/A
0%
127%
$1,309/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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902 W Pearl St | Property Details | No Agent List