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Holly Kraatz

holly@kraatzrealty.com +1(817) 614-2325

$ 900,000

Est. payment -/mo

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1002 W Pearl Street Granbury, TX 76048

3,915 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 3,915 sqft

Subdivision Crites

MLS Listing ID 21185594

Total Fin. Sqft 3915

Year Built 1910

Annual Tax Amount $5,422

Lot Size 0.519 Acres

Acres 0.519

Property Sub-Type Hotel/Motel

Property Description

Welcome to The Pomegranate House and Cottage Collection, one of Granbury's most iconic and distinctive investment opportunities. The Pomegranate House, formerly known as the Ratliff House, was built in 1906 and is an exceptionally well-preserved example of Victorian Eastlake architecture. Located just 0.7 miles from the Historic Granbury Square and minutes from Lake Granbury, this beautifully preserved historic property blends timeless charm, architectural character, and income potential. The main home features double primary bedrooms, each with its own ensuite bath, two living areas, a dining room, kitchen, utility-laundry room, and a welcoming covered back porch overlooking a serene courtyard. Surrounding the courtyard are four charming cottages, each thoughtfully designed with a private bedroom and ensuite bath to provide guests with comfort and privacy. Currently operating as a successful income-producing short-term rental, the property offers six total bedrooms across the main home and cottages. A separate on-site lounge with a fully stocked coffee bar and arcade games enhances the guests' experience. The property also includes a dedicated laundry cottage equipped with multiple washers and dryers, as well as two additional storage and supply rooms to support operations. The beautifully landscaped grounds are anchored by majestic Live Oak trees estimated to be 300–400 years old, as verified by the Hood County Master Gardeners. They are living testaments to the property's enduring legacy. A peaceful pond with waterfall, inviting outdoor gathering areas, and exceptional curb appeal complete this truly remarkable setting. Situated on a fully fenced 0.519-acre corner lot, the property is offered fully furnished and fully equipped for a true turnkey opportunity. Endless possibilities await, continued short-term rental use, ideal for family gatherings, boutique hospitality, event venue, office space, or bed and breakfast. Property tour video available upon request.

Location

State TX

County Hood

Zoning Commercial

Direction Corner of W Pearl St and S Lancaster St.

Interior

Heating Central, Electric, Natural Gas

Cooling Ceiling Fan(s), Central Air

Flooring Laminate, Tile, Wood

Heat Source Central, Electric, Natural Gas

Exterior

Utilities Available City Sewer, City Water, Curbs, Individual Gas Meter

Roof Type Metal

Garage No

Building

Lot Description Corner Lot

Foundation Pillar/Post/Pier

Structure Type Wood

Others

Virtual Tour https://mls.waynestratton.com/1002-W-Pearl-St-1/idx

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Susy Saldivar • Susy Saldivar Real Estate

NEARBY SCHOOLS & PROPERTIES

Holly Kraatz

Broker / Owner License ID: 0607618

+1(817) 614-2325

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Holly Kraatz

1002 W Pearl Street Granbury, TX 76048

Key Details

Location

Interior

Exterior

Building

Others

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1002 W Pearl Street