Listing provided courtesy of Susy Saldivar Real Estate- MLS# 21230866MLS ProviderContact Information: Susy Saldivar - 817-846-3584

1002 W Pearl StreetGranbury, TX 76048

Multi-Family · 6 Beds · 6 Full Baths · 3,915 Sq. ft. | 0.52 Acres
$1,100,000 Active

1002 W Pearl Street Overview

Visits:
4

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.

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1002 W Pearl Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,915
  • Price/Sq.ft. $281
  • Lot 0.52 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Granbury ISD
  • Elementary School: Emma Roberson
  • Middle Or Junior School: Granbury
  • High School: Granbury

Building Information

  • Year Built: 1910
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Hood
  • Postal City: GRANBURY
  • Subdivision Name: Crites

Community/Development

  • Community Features: Curbs

Tax Information

  • Tax Annual Amount: 5422.0

General Information

  • Listing Terms: Cash,Conventional,1031 Exchange
  • Parcel Number: R000037012
  • Property Type: Residential Income

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 6
  • Bathrooms Half: 0
  • Bathrooms Total: 6
  • Bedrooms Total: 6

Building Interior

  • Building Area Source: Appraiser
  • Building Area Total: 3915.0

General Information

  • Appliances: Gas Range
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Laminate,Tile,Wood
  • Foundation Details: Pillar/Post/Pier
  • Interior Features: High Speed Internet
  • Levels: One
  • Stories: 1

Exterior

Parking Information

  • Open Parking: Yes
  • Parking Features: Assigned,Guest,Open

Lot Information

  • Lot Features: Corner Lot,Landscaped,Many Trees
  • Lot Size Acres: 0.519
  • Lot Size Area: 0.519
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 22607.64
  • Lot Size Units: Acres
  • Number Of Buildings: 5
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: No
  • Construction Materials: Wood Siding
  • Patio And Porch Features: Covered,Deck
  • Roof: Metal

General Information

  • Carport: No
  • Exterior Features: Courtyard,Deck
  • Fencing: Vinyl,Wood
  • Number Of Units Total: 5
  • Pool Features: None
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available,Sewer Available,Separate Meters,Water Available

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1002 W Pearl Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1002 W Pearl Street Market Data

Based on the last 30 days in this zip code

$428,597
Average List Price
$229
Average Price per Square Foot
60
Properties Sold
106
Average Days on Market
506
Properties for Sale
Calculations provided by Reliance Network


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