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Updated Medical Office Building
For Sale
$425,000

416 S Morgan St, Granbury, TX 76048

Flexible layout includes reception, private offices, a conference room, kitchenette, storage, and accessible entry.

Property Size1,801 SF
Price / SF$235.98
Days on Market159

Property Features for 416 S Morgan St

General Information

Standard status Active
Size 1,801 SF
Property subtype Commercial

Additional Details

Highway Access Yes

Building Details

Year Built 1968
Buildings 1
Listing Agency: Magnolia Realty
Listed By: Wendy Rape (682) 205-1502
Source: Dfwareahousehunt
Added: Mar 25 Changed: Aug 29 Last Checked: Aug 26 at 6:52AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Magnolia Realty

Investment Insights

Based on property information with market context.

This medical office property is configured for professional service operations, with a reception area, built-in desk, four private offices, a conference or flex room, kitchenette, and storage. An ADA-accessible entrance supports patient and visitor access, while two separate parking lots serve the building. Recent work includes a new roof, refreshed landscaping, and interior improvements. Constructed in 1968, the property is positioned on a corner near Lake Granbury Medical Center, Hwy 377, and Granbury's Historic Square. Nearby retail and service destinations include Home Depot, Lowe's, Walmart, Starbucks, Brookshire's, and HEB. The location also provides access to Granbury's surrounding trade area, including Weatherford, Stephenville, Glen Rose, and Tolar.

Key Highlights

  • Four private offices plus reception, conference or flex room, kitchenette, and storage
  • ADA‑accessible entrance for patient and visitor access
  • Two separate parking lots serve the property

Property Analytics

Current Use

Amy Aston Counseling Crisis Center

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Storage Facility Carpet & Flooring Store Electrical Service Butcher

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,067
Businesses Nearby
Under-served
Demand for This Use

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Flexible layout includes reception, private offices, a conference room, kitchenette, storage, and accessible entry.
Where is this medical office space located?
The property is located at 416 S Morgan St Granbury, TX.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Four private offices plus reception, conference or flex room, kitchenette, and storage; ADA‑accessible entrance for patient and visitor access; Two separate parking lots serve the property
More about this property
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