1318 Paluxy Road Granbury, TX 76048
SINGLE_FAMILY - Granbury, TX
Property Features for 1318 Paluxy Road
General Information
- Property type
- Residential
- Property subtype
- Office
- Parking features
- Parking Lot
- 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
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1986
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Tile, Carpet
- Building materials
- Brick
Listing agent Randall Luna (817) 736-5757
Listing office Elevate Realty Group Granbury, TX (817) 736-5757
Listing date Jul 6, 2026
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Investment Insights
Based on property information with market context.
The building is located in Granbury, Texas at 1318 Paluxy Road, positioned across a driveway from Lake Granbury Hospital. This hospital proximity can be a practical consideration for healthcare users who value convenience and reduced travel friction.
For buyers seeking a medical real estate asset with in-place tenancy, the existing lease and through-2029 term provide continuity. With NNN structure noted in the remarks, the property may appeal to purchasers looking for an occupied healthcare asset supported by a tenant with an executed long-term agreement. The combination of a maintained facility and on-site parking is geared toward straightforward operating needs for a medical office user.
Key Highlights
- Established medical building across a driveway from Lake Granbury Hospital
- NNN lease in place with the current medical tenant remaining through 2029 (executed lease)
- Reported 9% cap rate with NNN included
