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$925,000 Just Listed
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Property Description
Prime commercial opportunity in the heart of Granbury! Positioned on one of the city's highest traffic count streets and steps from the iconic Historic Granbury Square, this 4,050 SF property offers exceptional visibility, accessibility, and investment potential. Currently operating as a brew house, the building presents a rare chance to acquire a high-exposure commercial asset in one of Granbury's most sought-after corridors. Surrounded by thriving retail, dining, tourism, and downtown activity, this versatile property is ideally suited for hospitality, restaurant, brewery, retail, or adaptive commercial use. Its strategic location combines strong daily traffic with the charm and draw of Granbury's historic district, creating a powerful blend of commerce and character. Whether expanding an existing concept or launching something new, this is a standout opportunity in a premier growth market. Currently, this property is under a commercial lease that desires to remain in the location. This is an investor opportunity that should not be overlooked.
Full Property Details
Full Property Details for 206 E Pearl St
General
- Price: $925,000
- Status: Active
- Type: Business
- Source: NTREIS
- MLS ID: 21252350
- Updated: 5/5/2026
- Added to Site: 2 day(s) ago
Business
- Name: Pan Handle
- Business Type: Books/Cards/Stationary, Bar/Tavern/Lounge, Clothing,
Interior
- Flooring: Concrete, Wood
Parking
- Parking Features: Common
Location
- County: Hood
- Subdivision: Original Town
- Driving Directions: Located just behind the Fillin Station of the Granbury Square. Right on Pearl St. across from Visit Granbury.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Available, Separate Meters, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Brick, Rock, Stone
- Roof: Other
- Stories/Levels: 1
- Square Feet: 2,584
- Sq. Ft. Source: Assessor
- Year Built: 1890
Lot Features
- Lot Size (Acres): 0.159
- Lot Size (Sq. Ft.): 6,926.04
- Lot Size Source: Assessor
- Frontage: City Street, All Weather Road
- Lot Features: Zero Lot Line, Historic District
- Potential Use: Office, Other, Restaurant, Retail
- Zoning: Commercial
Financial Considerations
- Terms: Cash, Conventional, 1031 Exchange
- Tenant Pays: All Utilities
Disclosures and Reports
- Documents Avail.: Aerial
- Legal Description: Acres: 0.159, Lot: PT 1, PT 2, & PT 8, Blk: 3, Sub
- Inclusions: Building Only
- Disclosures/Rstr.: Historical
- Property ID: R000036585
- Block: 3
- Lot Number: PT
Listed by Beam & Branch Realty, PLLC, Paula McDonald
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Schools
Schools serving 206 E Pearl 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 | 1.4 mi |
Granbury Middle School 2000 Crossland Road, Granbury, TX 76048 | 6-8 | 1.6 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 206 E Pearl St
Date
Details
Price
Change
Source
5/04/2026
Listed
$925,000
—
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 206 E Pearl St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,893
39%
$877,000
41%
2023
$9,965
2%
$622,120
8%
2022
$9,813
25%
$573,640
39%
2021
$7,825
-2%
$412,700
—
2020
$7,970
-1%
$412,700
—
2019
$8,058
83%
$412,700
90%
2018
$4,396
2%
$217,090
2%
2017
$4,303
-2%
$212,470
—
2016
$4,398
—
$212,470
1%
2015
$4,390
2%
$209,720
—
2014
$4,308
7%
$209,720
—
2013
$4,034
—
$209,720
—
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 206 E Pearl St
206 E Pearl Street, Granbury, TX 76048 (MLS# 21252350) is a Business property. 206 E Pearl Street is currently listed for $925,000 and was received on May 04, 2026. Want to learn more about 206 E Pearl Street? Do you have questions about finding other Business real estate for sale in Granbury? You can browse all Granbury real estate or contact a Coldwell Banker agent to request more information.

