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Medical Office Building with Flexible Layout
New
For Sale
$425,000

416 S Morgan Street, Granbury, TX 76048

CommercialSale, Granbury, TX

Property SizeContact for details
Lot Size0.24 Acres
Days on Market1

Property Features for 416 S Morgan Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning description commercial
Parking features Parking Lot, Garage, Open
Security features Security
Accessibility Accessible Approach with Ramp
Subdivision Lambert
Lot features Corner Lot, Landscaped, Few Trees
Directions GPS
Standard status Active
APN R000037472
Lot size 0.24 Acres

Taxes and HOA fees

Tax Description ACRES: 0.241 LOT: 1 BLK: 3 SUBD: LAMBERT
Tax Annual Amount 2956
Legal Description ACRES: 0.241 LOT: 1 BLK: 3 SUBD: LAMBERT

Utilities

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

Amenities

reception area
private offices
conference or flex room
kitchenette
storage
ADA-accessible entrance

Building Details

Year built 1968
Floors in Building 1
Number of units 1
Flooring type Tile, Carpet, Wood
Building materials Brick
Roof type Composition
Listing Agency: Magnolia Realty
Listed By: Wendy Rape
Added: Aug 31 Last Checked: Aug 31 at 9:06PM
MLS# 21223671

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 at 416 S Morgan Street is a brick building constructed in 1968, with a flexible interior arrangement for healthcare or professional office use. The layout includes reception space with a built-in desk, four private offices, a conference or flex room, kitchenette, storage, and an ADA-accessible entrance. Tile, carpet, and wood flooring are complemented by central heating, central air, and ceiling fans.

The property occupies a 0.241-acre lot near Lake Granbury Medical Center, Hwy 377, and Granbury's Historic Square. Two separate parking lots provide on-site parking, with garage and open parking features. Public water and public sewer serve the property, and the composition roof, landscaping, and interior have been updated according to the available property information.

Key Highlights

  • 0.241‑acre medical office property at 416 S Morgan Street, Granbury, TX 76048
  • Flexible layout with reception, four private offices, conference or flex room, kitchenette, and storage
  • ADA‑accessible entrance with ramp approach

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
Yes
Paved road 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
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Brick professional facility includes private offices, reception, kitchenette, and an accessible entry.
Where is this medical office space located?
The property is located at 416 S Morgan Street 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: 0.241‑acre medical office property at 416 S Morgan Street, Granbury, TX 76048; Flexible layout with reception, four private offices, conference or flex room, kitchenette, and storage; ADA‑accessible entrance with ramp approach
More about this property
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