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Investment Highlights

  • Location to Hwy 377 and Granbury Square, 2 parking areas, move in office for any professional services

Executive Summary

Medical Office & Professional Office Building, Prime Corner Location Near Lake Granbury Medical Center, Hwy 377 & Historic Granbury Square Move-in ready commercial office building on a high-visibility corner lot just minutes from Lake Granbury Medical Center, Hwy 377, and Granbury's Historic Square. Recent improvements include a new roof, fresh landscaping, and interior updates, creating a turnkey opportunity for an owner-user or investor. Ideal for a medical office, physician or specialist, dental, counseling, behavioral health, therapy, chiropractic, wellness, home health, hospice, insurance, CPA, attorney, title company, real estate, construction, or executive office. The flexible floor plan features a reception area with built-in desk, four private offices, conference or flex room, kitchenette, storage, an ADA-accessible entrance, and two separate parking lots providing ample parking for employees, clients, and patients. Located in Granbury's growing healthcare and professional services corridor, this property offers easy access to Hwy 377, serving Granbury, Weatherford, Stephenville, Glen Rose, Tolar, and the surrounding trade area. Nearby are Home Depot, Lowe's, Walmart, Starbucks, Brookshire's, HEB, Kroger, shopping, restaurants, schools, and professional services. A major mixed-use waterfront development with new housing, retail, restaurants, and entertainment is planned just across the lake, supporting continued commercial and residential growth. Combined with Granbury's expanding population and recognition as one of America's Best Historic Small Towns and they are now the Celebration Capital of Texas, this is an exceptional opportunity to own a versatile commercial office building with excellent visibility, accessibility, future leasing potential, and long-term investment value in one of North Texas' fastest-growing markets.

Financial Summary (Actual - 2025)

Annual Annual Per SF
Taxes $2,956 $1.40
Operating Expenses - -
Total Expenses $2,956 $1.40

Financial Summary (Actual - 2025)

Taxes
Annual $2,956
Annual Per SF $1.40
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $2,956
Annual Per SF $1.40

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
1,801 SF
Building Class
C
Year Built
1968
Price
$425,000
Price Per SF
$235.98
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
1,801 SF
Building FAR
0.17
Lot Size
0.24 AC
Parking
8 Spaces (4.44 Spaces per 1,000 SF Leased)

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Kristen Hardin LPC PLLC
  • Health Care and Social Assistance
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Kristen Hardin LPC PLLC Health Care and Social Assistance - - -
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
R000037472
Land Assessment
$73,490
Improvements Assessment
$107,940
Total Assessment
$181,430
Annual Taxes
$2,956 ($1.64/SF)
Tax Year
2025
  • Listing ID: 41405204

  • Date on Market: 7/23/2026

  • Last Updated:

  • Address: 416 S Morgan St, Granbury, TX 76048

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