Medical Office Building Near
For Sale
$1,600,000
1318 Paluxy Road, Granbury, TX 76048
CommercialSale, Granbury, TX
Property SizeContact for details
Lot Size0.83 Acres
Days on Market56
Property Features for 1318 Paluxy Road
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
Commercial
Parking features
Parking Lot
Subdivision
Hood County Hospital District
Lot features
Cleared, Level, Few Trees
Directions
GPS friendly, turn on Easy St off Paluxy HWY, right next to Granbury Hospital.
Standard status
Active
APN
R000037169
Lot size
0.83 Acres
Taxes and HOA fees
Tax Description
ACRES: 0.833 LOT: 2 BLK: 1 SUBD: HOOD COUNTY
Tax Annual Amount
7788
Legal Description
ACRES: 0.833 LOT: 2 BLK: 1 SUBD: HOOD COUNTY
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1986
Floors in Building
1
Number of units
1
Flooring type
Carpet, Tile
Building materials
Brick
Listing Agency:
Elevate Realty Group
(817) 736-5757
Listed By:
Randall Luna · License #0575420
(817) 736-5757
Added: Jul 6
Changed: Aug 21
Last Checked: Aug 30 at 9:06AM
MLS# 21185984
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 medical office property is a brick building constructed in 1986, with carpet and tile flooring, central electric heating, and central air conditioning. A current medical practice occupies the facility, and the building has been maintained in its existing condition. The site includes a parking lot and measures 0.833 acres.
The property is located across a driveway from Lake Granbury Hospital in Granbury, Texas, providing direct proximity to a hospital campus. Public water and public sewer serve the site. An executed NNN lease remains in place through 2029, and the property is reported at a 9 cap rate with NNN included.
The property is located across a driveway from Lake Granbury Hospital in Granbury, Texas, providing direct proximity to a hospital campus. Public water and public sewer serve the site. An executed NNN lease remains in place through 2029, and the property is reported at a 9 cap rate with NNN included.
Key Highlights
- Medical office property on 0.833 acres
- Across a driveway from Lake Granbury Hospital
- Current medical practice tenant with executed NNN lease through 2029
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
478
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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 Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Brick medical facility with on-site parking, central heating and cooling, and an existing tenant under an NNN lease.
Where is this medical office space located?
The property is located at 1318 Paluxy Road Granbury, TX.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Medical office property on 0.833 acres; Across a driveway from Lake Granbury Hospital; Current medical practice tenant with executed NNN lease through 2029
