MULTIFAMILYRADAR
5-Unit Multifamily in Granbury, TX, photo 11 / 30
$900,000

5-Unit Multifamily in Granbury, TX

TX · listed Sep 12, 2026 (46 days)

Price per unit compared
This property$180K
Within ~40 mi (50)$166K
Texas median (1,029)$100K
$/unit
$180,000
▲ 80% vs TX · 82nd pct
Cap rate
—
 
Gross yield
—
 
Units
5
5 bldg · 1910

Financials

Asking price
$900,000
Price per unit
$180,000
Price per sq ft
$230
Gross rent / year
Not stated
Net operating income
Not stated
NOI per unit
Not stated
Cap rate
Not stated
Gross yield
Not stated
Occupancy
Not stated

As stated by the seller. Verify during due diligence.

Building

Units
5
Unit mix
Not stated
Buildings
5
Year built
1910
Building size
3,915 sq ft
Avg unit size
783 sq ft
Lot size
Not stated
Condition
Not stated

Deal terms

Owner financing
Not stated

Listing

Listed
Sep 12, 2026
Days on market
46 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
1888

About this property

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

Approximate area. The exact address is shared on request.

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