Commercial Real Estate Market in Granbury, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
126 active listings and 1,239 off-market properties in Granbury, TX. Commercial property asks $230/SF to buy and $18.00/SF/Yr to lease.
Market Trends
Granbury, TX spans 208.8 square miles in Hood County, Texas. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Granbury, TX has a median asking sale price of $245/SF (based on 9 listings). Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Typical asking range for active listings in Granbury, TX (the middle half): Sale $187–$256/SF (median $245/SF, 9 listings).
Retail
Retail space in Granbury, TX has a median asking sale price of $327/SF (based on 3 listings). Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial space in Granbury, TX has a median asking sale price of $155/SF (based on 3 listings). Vacancy runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily space in Granbury, TX has a median asking sale price of $193/SF (based on 4 listings). Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
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
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.
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.
Tools
Lease vs Buy Breakeven
At $18.00/SF/Yr lease vs $230/SF buy → buying wins if held > 2.4 years.
At a 7.8% 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.
Frequently Asked Questions
What is the median price per square foot for commercial property in Granbury?
How much does it cost to lease commercial space in Granbury?
Is it cheaper to lease or buy commercial space in Granbury?
What zoning applies to commercial property in Granbury?
Where does Realmo's Granbury market data come from?
Methodology & data sources
- Asking prices and medians
- There are 67 active for-sale and 59 active for-lease listings in Granbury, TX. The medians are based on 25 of the for-sale and 15 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
