1002 W Pearl Street

Property feature image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Address: 1002 W Pearl St, Granbury, TX 76048, USA
Texas + Apartment Buildings
Created date: September 16, 2026
Date last updated: September 25, 2026
Price: $900,000Investment Analyzer NEW!

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.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $900,000
No. of Units: 5
Year Built: 1910
Opportunity Zone: No
Price per unit: $180,000
Property Website Click Here
Number of Bedrooms: 6
Number of Bathrooms: 6
Address: 1002 W Pearl Street, Granbury, TX 76048, USA
Provided by:

Investment Analyzer

Step 1Financing Calculation

$
$
%
$
%
$
$

Step 2Gross Rent Analysis

Please enter annual amounts.

$
$
%
$
%
$
%
$
%
$
%
$
%
$
%
$
$

Step 3Cap Rate Calculation

%
$
%

Step 4Final Deal Analysis

$
$
%
%
$
$

Similar Properties in the Area

302 E Shawntel Smith BLVD

Muldrow, Oklahoma
Texas + Apartment Buildings
Units: 20
Price: $990,000

7612 BRIARWOOD PASS

San Antonio, Texas
Texas + Apartment Buildings
Price: $497,990

608 W 3rd Apt. B

Tyler, Texas
Texas + Apartment Buildings
Units: 1
Price: $1,350

Brokers

View All

Lenders

View All