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401 E Pearl St - 27 Luxury Condo's on Lake Granbury, Texas 635 - 1,200 SF Office Condo Units in Granbury, TX 76048

Investment Highlights
- PLEASE VIEW THE WEBSITE : https://townesquarecondosforsale.com/
- Please visit the Data Room below for detailed financial information.
Executive Summary
Granbury Historic Charm meets Lakefront Luxury Living, a rare investment opportunity. Just two blocks from the historic downtown square and located on beautiful Lake Granbury, Towne Square Condominiums at The Lodge of Granbury offers an exceptional combination of location, stability, and upside potential. Most units feature south-facing balconies that stay comfortable all day long, even in the summer. Granbury has been awarded, three times, the distinction of America’s Best Small Town in America. The property is currently 100% leased and January's income was $50,963. These 27 condominiums, representing 40% ownership interest, provide the new owner(s) with significant influence in major HOA decisions and the long-term direction of the community. This is a rare opportunity for an investor to acquire one of Granbury’s most desirable lakefront communities—offering strong current income and outstanding long-term appreciation potential. This rare opportunity of lakefront living and Granbury’s historical charm is being offered for $5,995,000. The new owner(s) will have an immediate equity position exceeding $1,000,000 based on individual retail sales. All tours must be accompanied by the owner’s representatives. Unaccompanied visits are strictly prohibited. These are privately owned condominiums — respect for residents’ privacy is paramount. Please Note: The City of Granbury prohibits Airbnb-style or other short-term rentals in multifamily zoned properties, which applies to these condos. Please click the link below to view more information and book a tour.
Data Room Click Here to Access
- Operating and Financials
27 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
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| Sale Type | Investment |
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| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1101 | 1,200 SF | Office | Upon Request | - |
| Unit 1102 | 635 SF | Office | Upon Request | - |
| Unit 1201 | 635 SF | Office | Upon Request | - |
| Unit 1203 | 635 SF | Office | Upon Request | - |
| Unit 1204 | 635 SF | Office | Upon Request | - |
| Unit 1205 | 635 SF | Office | Upon Request | - |
| Unit 1301 | 635 SF | Office | Upon Request | - |
| Unit 1303 | 635 SF | Office | Upon Request | - |
| Unit 2106 | 635 SF | Office | Upon Request | - |
| Unit 2107 | 635 SF | Office | Upon Request | - |
| Unit 2108 | 635 SF | Office | Upon Request | - |
| Unit 2207 | 635 SF | Office | Upon Request | - |
| Unit 2305 | 1,200 SF | Office | Upon Request | - |
| Unit 4101 | 867 SF | Office | Upon Request | - |
| Unit 4104 | 867 SF | Office | Upon Request | - |
| Unit 4105 | 867 SF | Office | Upon Request | - |
| Unit 4106 | 867 SF | Office | Upon Request | - |
| Unit 4107 | 867 SF | Office | Upon Request | - |
| Unit 4108 | 867 SF | Office | Upon Request | - |
| Unit 4205 | 867 SF | Office | Upon Request | - |
| Unit 4206 | 867 SF | Office | Upon Request | - |
| Unit 4208 | 867 SF | Office | Upon Request | - |
| Unit 4301 | 867 SF | Office | Upon Request | - |
| Unit 4303 | 867 SF | Office | Upon Request | - |
| Unit 4305 | 867 SF | Office | Upon Request | - |
| Unit 4306 | 867 SF | Office | Upon Request | - |
| Unit 4308 | 867 SF | Office | Upon Request | - |
Unit 1101
| Unit Size |
| 1,200 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| - |
Unit 1102
| Unit Size |
| 635 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| - |
Unit 1201
| Unit Size |
| 635 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| - |
Unit 1203
| Unit Size |
| 635 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| - |
Unit 1204
| Unit Size |
| 635 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| - |
Unit 1205
| Unit Size |
| 635 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| - |
Unit 1301
| Unit Size |
| 635 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| - |
Unit 1303
| Unit Size |
| 635 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| - |
Unit 2106
| Unit Size |
| 635 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| - |
Unit 2107
| Unit Size |
| 635 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| - |
Unit 2108
| Unit Size |
| 635 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| - |
Unit 2207
| Unit Size |
| 635 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| - |
Unit 2305
| Unit Size |
| 1,200 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| - |
Unit 4101
| Unit Size |
| 867 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| - |
Unit 4104
| Unit Size |
| 867 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| - |
Unit 4105
| Unit Size |
| 867 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| - |
Unit 4106
| Unit Size |
| 867 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| - |
Unit 4107
| Unit Size |
| 867 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| - |
Unit 4108
| Unit Size |
| 867 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| - |
Unit 4205
| Unit Size |
| 867 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| - |
Unit 4206
| Unit Size |
| 867 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| - |
Unit 4208
| Unit Size |
| 867 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| - |
Unit 4301
| Unit Size |
| 867 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| - |
Unit 4303
| Unit Size |
| 867 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| - |
Unit 4305
| Unit Size |
| 867 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| - |
Unit 4306
| Unit Size |
| 867 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| - |
Unit 4308
| Unit Size |
| 867 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| - |
Unit 1101
| Unit Size | 1,200 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
Unit 1102
| Unit Size | 635 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
Unit 1201
| Unit Size | 635 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
Unit 1203
| Unit Size | 635 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
Unit 1204
| Unit Size | 635 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
Unit 1205
| Unit Size | 635 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
Unit 1301
| Unit Size | 635 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
Unit 1303
| Unit Size | 635 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
Unit 2106
| Unit Size | 635 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
Unit 2107
| Unit Size | 635 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
Unit 2108
| Unit Size | 635 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
Unit 2207
| Unit Size | 635 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
Unit 2305
| Unit Size | 1,200 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
Unit 4101
| Unit Size | 867 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
Unit 4104
| Unit Size | 867 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
Unit 4105
| Unit Size | 867 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
Unit 4106
| Unit Size | 867 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
Unit 4107
| Unit Size | 867 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
Unit 4108
| Unit Size | 867 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
Unit 4205
| Unit Size | 867 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
Unit 4206
| Unit Size | 867 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
Unit 4208
| Unit Size | 867 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
Unit 4301
| Unit Size | 867 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
Unit 4303
| Unit Size | 867 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
Unit 4305
| Unit Size | 867 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
Unit 4306
| Unit Size | 867 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
Unit 4308
| Unit Size | 867 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
Property Facts
| Total Building Size | 65,000 SF | Floors | 3 |
| Property Type | Multifamily | Typical Floor Size | 21,667 SF |
| Property Subtype | Apartment | Year Built | 1983 |
| Building Class | C | Lot Size | 0.99 AC |
| Total Building Size | 65,000 SF |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 3 |
| Typical Floor Size | 21,667 SF |
| Year Built | 1983 |
| Lot Size | 0.99 AC |
Amenities
Site Amenities
- 24 Hour Access
- Clubhouse
- Pool
- Property Manager on Site
- Package Service
- Dock
- Lake Access
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | 635 |
| 1+1 | 31 | - | 635 - 867 |
| 1+1.5 | 10 | - | 867 |
| 1+2 | 7 | - | 867 |
| 2+2 | 11 | - | 1,200 |
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| The Pan Handle | - | - | 4 min walk |
| Ketzler's Schnitzel Haus | German | $$ | 5 min walk |
| Paradise Bistro & Coffee Co | Bistro | $$ | 4 min walk |
| Eighteen Ninty Grille | American | $$$$ | 4 min walk |
| Babe's Chicken Dinner House | - | - | 6 min walk |
| Fuzzy's Taco Shop | - | - | 6 min walk |
| Joe's Pizza & Pasta | Pasta | $$ | 10 min walk |
Retail |
||
|---|---|---|
| Goosehead Insurance | Insurance | 4 min walk |
| Allstate Insurance Company | Insurance | 5 min walk |
| United States Postal Service | Business/Copy/Postal Services | 11 min walk |
Hotels |
|
|---|---|
| Hilton Garden Inn |
106 rooms
2 min drive
|
| Quality Inn |
53 rooms
5 min drive
|
| Holiday Inn Express |
64 rooms
5 min drive
|
| La Quinta Inns & Suites |
57 rooms
5 min drive
|
| Best Western |
55 rooms
5 min drive
|
Sale Advisor
Sale Advisor
Gary Couch, President
Presented by
GL Couch Properties LLC
401 E Pearl St - 27 Luxury Condo's on Lake Granbury, Texas
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