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1318 Paluxy Road

Granbury, TX 76048
  • $1,700,000
  • STATUS: Active
  • ON SITE: 85 Days
  • MLS #: 21185984
UPDATED: 29 min ago
$1,700,000
  • 0
    BEDS
  • 0.83
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1986
County:
Area:

School Ratings & Info

Offered by Randall Luna of Elevate Realty Group: (817) 736-5757.

Description

Location, Location, Location! This established medical building is located across a driveway from the Lake Granbury Hospital! Current medical practice- tenant is remaining as a tenant. There is an executed lease with NNN until 2029. The building is in excellent condition and has been maintained well. Large parking lot. If you have been looking for a commercial property with a large cap rate, this might be it! 9% cap rate with NNN included!

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© 2026 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices Ally Real Estate. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Ally Real Estate are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-05-20T15:47:07.47.
www.nwlapropertysearch.com/homes/173275710
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1318 Paluxy Road Granbury, TX 76048

  • Price: $1,700,000
  • Status: Active
  • On Site: 85 Days
  • Updated: 29 min ago
  • MLS #: 21185984
0
Beds
0
Baths
0
½ Baths
0.83
Acres
1986
Built
Neighborhood:
Hood County Hospital District
County:
Hood
Area:
Granbury
Property Description
Location, Location, Location! This established medical building is located across a driveway from the Lake Granbury Hospital! Current medical practice- tenant is remaining as a tenant. There is an executed lease with NNN until 2029. The building is in excellent condition and has been maintained well. Large parking lot. If you have been looking for a commercial property with a large cap rate, this might be it! 9% cap rate with NNN included!
Exterior Features

Construction Brick Construction Materials Walls BrickTexture Foundation Slab Lot Description ClearedFew TreesLevel Lot Size Source Assessor Parking Or Garage Additional ParkingAsphaltOn SiteOutsideParking LotPaved Road Frontage Type FM RoadHighway Roof Other Waterfront YN No

Interior Features

Accessibility Features Accessible Bath - Half+HallAccessible DoorsAccessible EntranceAccessible GripAccessible Hallway(s)Meets ADA Requirements Ceiling Height 8 to10 Feet Cooling Central AirElectric Flooring CarpetTile Handicap YN Yes Heating CentralElectric Sq Ft Gross 4896

Property Features

Building Area Source Assessor Building Area Total 4896.00 Building Use MedicalOfficeOther Construction Status Preowned Gross Annual Expenses 11796.00 Gross Annual Income 151000.00 Insurance Expense 12000 Listing Terms CashConventional Multi Zoning No Municipal Utility District No Net Operation Income 151000 Operating Expense Includes MaintenanceMaintenance GroundsMaintenance Structure Owner Pays All Utilities Possession Negotiable Property Type Office Special Notes Aerial PhotoDeed Restrictions Tenant Pays All Utilities Transaction Includes Land & Improvements Unexempt Taxes 7788 Utilities All Weather RoadCity SewerCity WaterElectricity ConnectedIndividual Water Meter Will Subdivide No Zoning Commercial

North Texas Real Estate Information Systems MLS logo Listing information © 2026 North Texas Real Estate Information System.


© 2026 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices Ally Real Estate. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Ally Real Estate are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-05-20T15:47:07.47.
 
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Berkshire Hathaway HomeServices Ally Real Estate
700 Ogilvie Street, Suite B
Bossier City LA, 71111
Offered by Randall Luna of Elevate Realty Group: (817) 736-5757.