Commercial Real Estate Market in Granbury, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
876 active listings and 1,241 off-market properties in Granbury, TX. Commercial property asks $157/SF to buy and $11.63/SF/Yr to lease.
Market Trends
Granbury, TX spans 208.8 square miles in Hood County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Granbury, TX asks $267/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail vacancy in Granbury, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Granbury, TX runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Granbury, TX runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Open space 50.5%
- Commercial 17.6%
- Residential 14.5%
- Planned_development 13.7%
- Industrial 3.7%
Largest Zones share of zoned land by district
Interim Holding
Planned Development
Light Commercial
Single Family Residential 8400
Heavy Commercial
Granbury, TX zones 12,041 acres across 16 districts. Commercial zoning covers 17.6% of zoned land, residential 14.5%, open space 50.5% and industrial 3.7%. The largest single district is Interim Holding at 50.5%. For commercial buyers the practical constraint is that only 21.3% of land carries a commercial or industrial designation.
Interim Holding (IH)
IH - Interim Holding District. 5.2.A General Purpose & Description This District is intended to provide a location principally for newly annexed land prior to receiving final zoning or for undeveloped or vacant land situated on the fringe of the urban area and used for agricultural purposes, but which may become an urban area in the future. Generally “IH” In…
Market overview
Demographics & Economy
Granbury, TX has 56,548 residents in 26,264 households. Density runs 271 people per square mile. Median household income here is $86,662 and median gross rent $1,428 a month.
56,548
Population
26,264
Households
2.2
Avg Household Size
49
Median Age
33%
College-Educated
92%
High-School Grad
208.8 sq mi
ZIP Area
271
Density / Sq Mi
$86,662
Median Household Income
$43,769
Median Earnings
$1,428
Median Rent
$284,003
Median Home Value
Tools
Lease vs Buy Breakeven
At $11.63/SF/Yr lease vs $157/SF buy → buying wins if held > 2.7 years.
At a 7.4% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Acton | — | — |
| Decordova | — | — |
| Tolar | — | — |
| Cresson | — | — |
Commercial property in Granbury, TX asks $157/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Granbury?
Commercial property in Granbury, TX asks an average of $157 per square foot. Office carries the highest asking price at $267/SF.
How much does it cost to lease commercial space in Granbury?
Asking lease rates in Granbury, TX average $11.63 per square foot per year.
Is it cheaper to lease or buy commercial space in Granbury?
Buying beats leasing in Granbury, TX if the property is held longer than 2.7 years, comparing $11.63/SF/Yr asking rent with $157/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
What zoning applies to commercial property in Granbury?
Granbury, TX zones 12,041 acres across 16 districts, of which 17.6% is commercial and 3.7% industrial. The largest single district is Interim Holding at 50.5% of zoned land. IH - Interim Holding District. 5.2.A General Purpose & Description This District is intended to provide a location principally for newly annexed land prior to receiving final zoning or for undeveloped or vacant land situated on the fringe of the urban area and used for agricultural purposes, but which may become an urban area in the future. Generally “IH” In… Residential zoning covers 14.5% and open space 50.5%.
Where does Realmo's Granbury market data come from?
Realmo compiles Granbury, TX figures from 800 active sale listings, 76 active lease listings, 1,241 tracked off-market properties, the current Granbury zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 800 active for-sale and 76 active for-lease listings in Granbury, TX. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 12,041 zoned acres across 16 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
