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1002 Pearl Street

Granbury, TX 76048

$900,000

5 units · 1910

Units5
Building area3,915 sq ft
Year built1910
Lot size0.519 acres
TypeResidential Income

What it costs to own

Taxes$5,422 per year
HOANone listed

Taxes shown reflect the current owner's exemptions and may change after purchase.

About this home

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.

The details

HeatingCentral, Electric, Natural Gas
CoolingCeiling Fan(s), Central Air
FlooringLaminate, Tile, Wood
AppliancesGas Range
Interior featuresHigh Speed Internet Available
Fireplace1 · Wood Burning

Construction materialsWood
RoofMetal
FoundationPillar/Post/Pier

Lot featuresCorner Lot, Landscaped, Many Trees
FencingVinyl, Wood
Water sourceCity Water
SewerCity Sewer
UtilitiesIndividual Gas Meter

SubdivisionCrites

ElementaryEmma Roberson
Middle schoolGranbury
High schoolGranbury
DistrictGranbury ISD

MLS #21385259
Source
Price changeReduced by $75,000 · Sep 17, 2026
On the market157 days
CountyHood

Around this home

One moment…

Everyday life

Nearest groceryBrookshire's · 0.9 mi
Nearest parkGranbury Dog Park · 0.2 mi

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Listing courtesy of Susy Saldivar Real Estate — Susy Saldivar.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21385259. Information last updated September 24, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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