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    Elevate Realty Group

    103 Corporate Drive, Granbury, TX 76049
    (817) 736-5757
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    Size: 10+ agents

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    • Land
    • Commercial Sale
    • Residential
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    Listings

    For Sale (24)

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    Residential Land Lot with Hill Views
    $79,900
    1.05 Acres

    Residential Land Lot with Hill Views

    Build-ready lot with water access at the street and a septic requirement, offering hilltop views in Somervell County.

    1005 County Rd, Nemo, TX 76070
    View details
    Granbury Warehouse with Living Space
    $225,000
    1,800 SF

    Granbury Warehouse with Living Space

    Unique live-work property with residential and commercial potential.

    721 Comanche Cove Dr, Granbury, TX 76048
    View details
    20 Acres of Texas Land
    $199,900
    20.28 Acres

    20 Acres of Texas Land

    20-acre lot in Hamilton, TX, perfect for building a home.

    3540 County Road 626, Hamilton, TX 76531
    View details
    Turn-Key Body-Mechanic Shop on 3 Acres
    $1,500,000
    3.00 Acres

    Turn-Key Body-Mechanic Shop on 3 Acres

    Established Granbury body shop with mechanic shop, home, and business.

    725 Holmes Dr, Granbury, TX 76048
    View details
    Residential Lot in Quiet Community
    $89,990
    5.00 Acres

    Residential Lot in Quiet Community

    Five-acre residential lot in a secluded subdivision, offering high-speed internet and flexibility to choose your builder.

    Alicia Ct, Dublin, TX 76446
    View details
    Medical Building Near Lake Granbury
    $1,675,000
    0.83 Acres

    Medical Building Near Lake Granbury

    Established medical building near Lake Granbury Hospital with tenant.

    1318 Paluxy Rd, Granbury, TX 76048
    View details
    Residential Land with Ponds and Oaks
    $365,000
    12.81 Acres

    Residential Land with Ponds and Oaks

    12.81 acres in Sanctuary Oaks with ponds and utilities.

    1005 Sanctuary Dr, Tolar, TX 76476
    View details
    Residential Land in Rolling Creek Ranch
    $380,000
    3.94 Acres

    Residential Land in Rolling Creek Ranch

    3.94 acre lot in gated Granbury community.

    417 Acorn Trl, Granbury, TX 76049
    View details
    Highway Frontage Industrial Buildings
    $2,200,000
    18,000 SF

    Highway Frontage Industrial Buildings

    Two industrial buildings on 2 acres with highway frontage.

    2305 N Main St, Cleburne, TX 76033
    View details
    New Granbury Storage Unit Complex
    $1,460,000
    1.43 Acres

    New Granbury Storage Unit Complex

    Turnkey storage unit complex on a high-traffic corridor.

    3631 Fall Creek Hwy, Granbury, TX 76049
    View details
    Turnkey Storage Facility in Granbury, TX
    $4,138,000
    54,073 SF

    Turnkey Storage Facility in Granbury, TX

    Newly built storage facility with 78 units between Granbury and Weatherford.

    3400 X A Meyer Ct, Granbury, TX 76049
    View details
    Turnkey Granbury Square Investment Opportunity
    $1,400,000
    0.26 Acres

    Turnkey Granbury Square Investment Opportunity

    Remodeled historic building suitable for Airbnb, retail, office, or restaurant.

    111 S Houston St, Granbury, TX 76048
    View details
    Secluded Land in Vista Ridge
    $99,000
    2.07 Acres

    Secluded Land in Vista Ridge

    2+ acre lot with utilities ready for new home.

    1209 County Rd, Nemo, TX 76070
    View details
    Residential Land in Gated Community
    Contact for pricing
    0.34 Acres

    Residential Land in Gated Community

    0.34 acre treed lot in a private, security gated community.

    8208 Southerness Ln, Cleburne, TX 76033
    View details
    High-Visibility Industrial-Commercial Building For Sale
    $1,350,000
    11,000 SF

    High-Visibility Industrial-Commercial Building For Sale

    11,000 sq ft industrial building on high-traffic corridor.

    2309 N Main St, Cleburne, TX 76033
    View details
    Bryson TX Farm and Ranch
    $1,350,000
    47.65 Acres

    Bryson TX Farm and Ranch

    48-acre ranch featuring a farmhouse, shop, and stocked pond.

    8 SW Poteet Rd, Bryson, TX 76427
    View details
    Residential Lot in Lake Granbury
    Contact for pricing
    0.07 Acres

    Residential Lot in Lake Granbury

    Residential lot with community amenities and lake access near Granbury.

    2523 Lakeridge Dr, Granbury, TX 76048
    View details
    Texas Farm and Ranch Retreat
    $700,000
    2,122 SF

    Texas Farm and Ranch Retreat

    22-acre property with updated home, workshop, and equestrian facilities.

    213 County Road 2320, Telephone, TX 75488
    View details
    Brick Duplex with Private Backyards
    $339,000
    0.16 Acres

    Brick Duplex with Private Backyards

    Two-unit, income-producing brick duplex with covered porch, new windows, and separate fenced yards, currently tenant-occupied.

    605-607 Clay St, Glen Rose, TX 76043
    View details
    Residential Land in Rolling Creek Ranch
    $269,000
    2.97 Acres

    Residential Land in Rolling Creek Ranch

    Cleared 2.97 acre lot ready for your dream home.

    7112 Heathington Ct, Granbury, TX 76049
    View details
    Commercial Land with Highway Frontage
    $550,000
    1.90 Acres

    Commercial Land with Highway Frontage

    Nearly two acres in downtown Cresson with frontage on US Highway 171 and US Highway 377, offered for commercial investment.

    9508 Miflin St, Cresson, TX 76035
    View details
    Prime Industrial Property on Highway
    Contact for pricing

    Prime Industrial Property on Highway

    Two acres with 18,000 SF industrial buildings on major highway.

    2305 N Main St, Cleburne, TX 76033
    View details
    Income-Producing Duplex in Granbury, TX
    $258,000
    1,764 SF

    Income-Producing Duplex in Granbury, TX

    Fully occupied duplex with new roof and recent upgrades.

    309-311 Lilac Dr, Granbury, TX 76049
    View details
    Turnkey Granbury Square Investment Opportunity
    Contact for pricing
    2,790 SF

    Turnkey Granbury Square Investment Opportunity

    Remodeled historic building suitable for Airbnb, retail, office, or restaurant.

    111 S Houston St, Granbury, TX 76048
    View details

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    Elevate Realty Group
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Elevate Realty Group
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