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$369,000

NAL Estimated Property Value

918 E Pearl Street, Granbury, TX, 76048

Off MarketInfo
CommercialInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size32,583 sqft

Land Information

APN20348.001.6140.0
SubdivisionMilam Co - Abst 348
Land UseResidential
Legal DescriptionACRES: 0.748 ABST: MILAM CO - ABST 348
Census Tract160100
Assessed Land Value$228,080
Assessment Year2025

About this property

PRIME commercial property, high traffic count location! Adjacent to public boat ramp so the possibilities for are unique. Additionally, there is already a dedicated TXDOT easement and paved ingress for direct access from Pearl Street. Parcel is near a light adding great access and visibility for a business. Currently zoned multi-family. Re-zoning can be sought by new owner with the City. Great location for fast food. Minutes from historic town Square. Granbury was recently voted number 1 BEST Small Historic City in the USA! Also ranked number 9 in fastest growing counties in the country! Granbury continues to grow so the possibilities are there! Don't wait until its too late and you regret missing out on this!

Investor Tools

Property Icon
$369,000
Estimated Property Value
$4,646,585Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,214 /month
Positive
Cash Flow Estimate:
$738 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$455/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,613
$228,080
2025
$228,080
N/A
$228,080
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,613
$228,080

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Huntington National Bank
Building Or Construction Loan
$2,911,160
No
First
Jan 6, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$4,646,585
N/A
0%
1259%
$28,534/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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918 E Pearl Street | Property Details | No Agent List