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$1,400,000
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Property Description
What an incredible opportunity to own a turnkey Air BNB on the historic Granbury Square. If you are looking for retail, office or restaurant space on the square, this building would work perfectly for that as well and has already been fully remodeled using high end finishes and a designer touch. Currently the business has 2 units. Each can be rented separately or they can be rented together. The front unit has 3 bedrooms, a living room, dining room and kitchen. The back unit has 3 bedrooms-family room and kitchen. This building previously housed a law firm and was the first City Hall of Granbury. It could easily convert from the current configuration to a law firm, title office or high end restaurant or bar. The upscale remodel throughout makes the entire space feel new and fresh while at the same time feeling nostalgic. New luxury flooring, new roof, new electrical, new plumbing, new paint and new windows are just a few of the recent additions! Exterior security cameras ensure a secure environment. Having your own private parking lot is a luxury not many have in the historic district of Granbury. Rent the spaces during festivals for extra income and always have a great parking spot for customers or guests.
Full Property Details
Full Property Details for 111 S Houston St
General
- Price: $1,400,000
- Taxes: $12,375
- Status: Active
- Type: Commercial Service
- Source: NTREIS
- MLS ID: 21271748
- Updated: 5/15/2026
- Added to Site: 47 day(s) ago
Business
- Business Type: Bed & Breakfast, Bar/Tavern/Lounge, Commercial, Finan
Interior
- Flooring: Carpet, Tile, Wood
Additional Information
- Security/Safety: Security System Owned, Security System, Other
Parking
- Parking Features: Open, Parking Lot, On Street
Location
- County: Hood
- Subdivision: Original Town
- Driving Directions: On Granbury Square, just south of 1890
Community
- Adult Community: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Rock, Stone
- Roof: Flat
- Stories/Levels: 1
- Square Feet: 2,790
- Sq. Ft. Source: Assessor
- Year Built: 1933
Lot Features
- Lot Size (Acres): 0.258
- Lot Size (Sq. Ft.): 11,238.48
- Lot Size Source: Assessor
- Frontage: City Street, All Weather Road, Asphalt
- Sidewalks: Yes
- Lot Features: Cleared, Historic District
- Potential Use: Hotel/Motel, Office, Other, Retail
- Zoning: Com
Financial Considerations
- Tax Amount: $12,375
- Owner Pays: All Utilities, Insurance, Taxes
- Tenant Pays: Other
Disclosures and Reports
- Legal Description: ACRES: 0.260 LOT: 8 & N 1/2 10 BLK: 1 SUBD: O
- Inclusions: Building Only, Furniture
- Property ID: R000036573
- Block: 1
- Lot Number: 8
Listed by Elevate Realty Group, Randall Luna
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Schools
Schools serving 111 S Houston St
School District:Granbury Independent School District
| Name | Grades | Distance |
|---|---|---|
John And Lynn Brawner Intermediate School 1520 South Meadows Drive, Granbury, TX 76048 | K-5 | 1.3 mi |
Granbury Middle School 2000 Crossland Road, Granbury, TX 76048 | 6-8 | 1.5 mi |
Granbury High School 2000 West Pearl Street, Granbury, TX 76048 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 111 S Houston St
Date
Details
Price
Change
Source
5/15/2026
Listed
$1,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 111 S Houston St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,375
29%
$781,200
30%
2023
$9,594
16%
$598,970
24%
2022
$8,294
30%
$484,830
44%
2021
$6,382
-2%
$336,600
—
2020
$6,501
-1%
$336,600
—
2019
$6,572
30%
$336,600
34%
2018
$5,073
2%
$250,500
2%
2017
$4,971
-17%
$245,480
-16%
2016
$6,025
2%
$291,110
3%
2015
$5,930
9%
$283,270
—
2013
$5,449
—
$283,270
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 111 S Houston St
111 S Houston Street, Granbury, TX 76048 (MLS# 21271748) is a Commercial Service property. 111 S Houston Street is currently listed for $1,400,000 and was received on May 15, 2026. Want to learn more about 111 S Houston Street? Do you have questions about finding other Commercial Service real estate for sale in Granbury? You can browse all Granbury real estate or contact a Coldwell Banker agent to request more information.

