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Turnkey Historic Mixed-Use Building

111 S Houston Street Granbury, TX 76048

111 S Houston Street, Granbury, TX, 76048
$1,400,000
For Sale
$1,400,000

SINGLE_FAMILY - Granbury, TX

Lot Size0.26 Acres
Days on Market65

Property Features for 111 S Houston Street

General Information

Property type
Residential
Property subtype
Office
Parking features
On Street, Parking Lot, Open
Security features
Security
Standard status
Active
APN
R000036573
Lot size
0.26 Acres

Taxes and HOA fees

Tax Description
ACRES: 0.260 LOT: 8 & N 1/2 10 BLK: 1 SUBD: O
Tax Annual Amount
12375

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Central
Cooling system
Electric, Central Air
Water source
Public

Building Details

Year built
1933
Floors in Building
1
Number of units
2
Flooring type
Carpet, Tile, Wood
Building materials
Rock, Stone
Roof type
Flat
Listing Agency Elevate Realty Group
Granbury, TX
Listed by Randall Luna
Added: May 15 Checked: Jul 18 at 1:06 pm
MLS# 21271748

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This turnkey, fully remodeled historic building is currently operated as an Air BNB with two separate units that can be rented together or individually. The front unit offers three bedrooms plus a living room, dining room, and kitchen. The back unit includes three bedrooms, a family room, and a kitchen. The property has been upgraded throughout with high-end finishes and a designer touch, creating a “new and fresh” feel while preserving a nostalgic character. Recent improvements include luxury flooring, a new roof, new electrical, new plumbing, new paint, new windows, and exterior security cameras to help ensure a secure environment.

Located on the historic Granbury Square at 111 S Houston Street, this building’s setting supports a variety of uses. It was previously home to a law firm and is also noted as the first City Hall of Granbury. The property also includes its own private parking lot, a practical advantage highlighted as being uncommon within the historic district.

With the interior configuration and complete remodel, the building offers strong flexibility for an owner-operator or an investor. Beyond the current Air BNB setup, the layout could convert to professional office use such as a law firm or title office, or to hospitality use including a high-end restaurant or bar. The ability to accommodate separate tenants or bookings, combined with dedicated parking, makes it well-suited for steady income as well as increased demand during festival periods.

Key Highlights

  • Remodeled building built in 1933 with construction materials of rock and stone
  • Previously used as a law firm and served as the first City Hall of Granbury
  • Currently configured as 2 separate rentable units

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Short term rental ...

Suggested Use

Storage Facility (Bike/Boat/Book/etc) Store Electrical Service Auto Parts Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store Auto Repair Shop HVAC Service Locksmith Tanning Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Short term rental property - Turnkey two-unit property on the historic square, fully remodeled with private parking, ready for short-term rentals or flexible commercial use.
Where is this short term rental property located?
The property is located at 111 S Houston Street Granbury, TX.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Remodeled building built in 1933 with construction materials of rock and stone; Previously used as a law firm and served as the first City Hall of Granbury; Currently configured as 2 separate rentable units
Contact an agent
More about this property
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