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Corner Mixed-Use Building with Retail
New
For Sale
$1,950,000

101 W Pearl Street, Granbury, TX 76048

CommercialSale, Granbury, TX

Property SizeContact for details
Lot Size0.08 Acres
Days on Market3

Property Features for 101 W Pearl Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial/Historic District
Parking features Parking Lot
Subdivision Original Town
Lot features Corner Lot, Historic District
Directions When arriving at the town Square, the Red on the square is located at the southwest corner.
Standard status Active
APN R000036638
Lot size 0.08 Acres

Taxes and HOA fees

Tax Description ACRES: 0.075 LOT: E 66' 1 BLK: 8 SUBD: ORIGIN
Tax Annual Amount 13728
Legal Description ACRES: 0.075 LOT: E 66' 1 BLK: 8 SUBD: ORIGIN

Utilities

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

Building Details

Year built 1890
Floors in Building 2
Number of units 1
Flooring type Wood
Building materials Brick, StoneVeneer
Listing Agency: Beam & Branch Realty, PLLC
Listed By: Paula McDonald
Added: Aug 21 Last Checked: Aug 23 at 4:06PM
MLS# 21364655

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.

Built in 1890, this brick and stone-veneer property occupies a corner position on Historic Granbury Square. The ground floor is arranged for retail use, while the upper level contains a 3-bedroom residential space currently operated as a short-term rental. Wood flooring, large windows, central air, ceiling fans, and electric heat are among the reported building features.

The property is located at 101 W Pearl Street in Granbury’s historic district, near the shops, restaurants, and attractions around the Square. A dedicated parking lot serves the property, which sits on 0.075 acres and benefits from public water and public sewer. Its two-level commercial and residential configuration supports continued mixed-use occupancy, subject to applicable regulations and approvals.

Key Highlights

  • Corner property at 101 W Pearl Street on Historic Granbury Square
  • Ground‑floor retail configuration with upper‑level 3‑bedroom residential space
  • Upper level currently utilized as a short‑term rental

Property Analytics

Current Use

Red On the Square Clothing Store The Fisherman's Corner Restaurant Fishermans Corner Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Carpet & Flooring Store Veterinary Clinic Auto Parts Store Locksmith

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

Location Intelligence

Trade Area within ½ mile

923
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Historic brick property combines ground-floor commercial space with an upper-level residential short-term rental.
Where is this mixed-use property located?
The property is located at 101 W Pearl Street Granbury, TX.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Corner property at 101 W Pearl Street on Historic Granbury Square; Ground‑floor retail configuration with upper‑level 3‑bedroom residential space; Upper level currently utilized as a short‑term rental
More about this property
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