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Historic Short-Term Rental Compound
For Sale
$975,000

1002 W Pearl Street, Granbury, TX 76048

CommercialSale, Granbury, TX

Property Size3,915 SF
Lot Size0.52 Acres
Price / SF$249.04
Days on Market16

Property Features for 1002 W Pearl Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Parking features Open, Guest, Assigned
Subdivision Crites
Lot features Corner Lot
Directions Corner of W Pearl St and S Lancaster St.
Standard status Active
APN R000037012
Size 3,915 SF
Lot size 0.52 Acres

Taxes and HOA fees

Tax Description ACRES: 0.519 LOT: 1 2 3 & PT 4 BLK: 2 SUBD: C
Tax Annual Amount 5422
Legal Description ACRES: 0.519 LOT: 1 2 3 & PT 4 BLK: 2 SUBD: C

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central, Natural Gas
Cooling system Central Air, Ceiling Fan(s)
Water source Public

Amenities

lounge
coffee bar
arcade games
laundry facilities
pond
waterfall
outdoor gathering areas
covered back porch
courtyard

Building Details

Year built 1910
Floors in Building 1
Number of units 6
Flooring type Tile, Wood, Laminate
Building materials WoodSiding
Roof type Metal
Listing Agency: Susy Saldivar Real Estate
Listed By: Susy Saldivar · License #0438050
Added: Aug 7 Changed: Aug 21 Last Checked: Aug 22 at 5:06PM
MLS# 21185594

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 furnished short-term rental property combines a principal residence with four cottages arranged around a landscaped courtyard. The main home includes two primary bedrooms with ensuite baths, two living areas, a dining room, kitchen, utility-laundry room, and covered rear porch. Each cottage offers a private bedroom and ensuite bath, while a separate lounge provides a coffee bar and arcade games. Dedicated operational areas include a laundry cottage with multiple washers and dryers plus two storage and supply rooms.

The property occupies a fully fenced 0.519-acre corner lot in Granbury, 0.7 miles from the Historic Granbury Square and minutes from Lake Granbury. Outdoor features include a pond with waterfall, gathering areas, mature Live Oak trees, and landscaped grounds. The property has 3,915 square feet, six total bedrooms, public water, public sewer, metal roofing, central air, ceiling fans, and open, guest, and assigned parking. It is currently operating as a short-term rental and is offered fully furnished and equipped.

Key Highlights

  • 3,915‑square‑foot short‑term rental property on a fully fenced 0.519‑acre corner lot
  • Main home plus four cottages, with six total bedrooms
  • 0.7 miles from the Historic Granbury Square and minutes from Lake Granbury

Property Analytics

Current Use

The Cottage Collection and Pomegranate ... Bed & Breakfast

Suggested Use

Top Pick Auto Parts Store Big Box & Wholesale Store Storage Facility Electrical Service Auto Repair Shop (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

656
Businesses Nearby

Demographics for 76048, TX

25,764
Population
12,737
Households
2
Avg Household Size
48
Median Age
26%
College-Educated
90%
High-School Grad
101.7 sq mi
ZIP Area
253
Density / Sq Mi
$66,856
Median Household Income
$37,190
Median Earnings
$1,288
Median Rent
$230,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Furnished property with a main residence, four guest cottages, lounge, laundry facilities, and landscaped outdoor gathering areas.
Where is this short term rental property located?
The property is located at 1002 W Pearl Street Granbury, TX.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 3,915‑square‑foot short‑term rental property on a fully fenced 0.519‑acre corner lot; Main home plus four cottages, with six total bedrooms; 0.7 miles from the Historic Granbury Square and minutes from Lake Granbury
More about this property
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