111 S Houston Street, Granbury, TX 76048
Original Town · Hood County
Key Facts
Description
What an incredible opportunity to own a turnkey Air BNB on the historic Granbury Square. If you are looking for retail, office or restaurant space on the square, this building would work perfectly for that as well and has already been fully remodeled using high end finishes and a designer touch. Currently the business has 2 units. Each can be rented separately or they can be rented together. The front unit has 3 bedrooms, a living room, dining room and kitchen. The back unit has 3 bedrooms-family room and kitchen. This building previously housed a law firm and was the first City Hall of Granbury. It could easily convert from the current configuration to a law firm, title office or high end restaurant or bar. The upscale remodel throughout makes the entire space feel new and fresh while at the same time feeling nostalgic. New luxury flooring, new roof, new electrical, new plumbing, new paint and new windows are just a few of the recent additions! Exterior security cameras ensure a secure environment. Having your own private parking lot is a luxury not many have in the historic district of Granbury. Rent the spaces during festivals for extra income and always have a great parking spot for customers or guests.
Property Information
Property Type
Commercial Sale
Sub-Type
Office
Year Built
1933
Stories
1
Living Area
2,790 sq ft
Lot Size
0.26 acres
MLS® Listing#
21271748
Property Features
Cooling
Heating
Flooring
Parking
Lot Features
Construction
Foundation
Roof
Security
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$12,375
Parcel Number
R000036573
Directions
On Granbury Square, just south of 1890
Affordability Calculator
$280,000
Estimated monthly payment
$7,451/mo
Principal $1,120,000 · Est. interest $1,562,500 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Granbury, TX
- $362,393
- Median Listing Price
- 68
- Median Days on Market
- 1,887
- Median Sq Ft
- $196
- Median Price / Sq Ft
- 738
- Active Listings
- This home’s price is 286% above the area median.
- Its price per sq ft is 156% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Granbury, TX.
Location
Map is currently unavailable for this location.
Points of Interest in Granbury, TX
Showing the Granbury area map.
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 983 Whitehead Drive, Granbury, TX | $985,000 | — | — | 8,440 |
| 0000 Overton Court, Granbury, TX | $994,879 | — | — | — |
| 2009 Canaveral Court, Granbury, TX | $995,000 | 4 | 2 | 2,942 |
| 5634, 5702, 5624 Barkridge & Van Horn Drive, Granbury, TX | $999,000 | 12 | 10 | 6,815 |
| 1312 Weatherford Highway, Granbury, TX | $999,000 | — | — | — |
| 1312 Weatherford Highway, Granbury, TX | $999,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Granbury
Listing Courtesy: Elevate Realty Group - (817) 736-5757
Presented by: Randall Luna
Last Updated: 2026-05-15