Granbury, TX 76048 1318 Paluxy Road

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  • North Texas Real Estate Info Systems (NTREIS) - 37 - TX
  • MLS# 21185984
  • 02/23/2026
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Presented By: Elevate Realty Group
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
  • Year Built • 1986

Home Details

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!
Presented By: Elevate Realty Group

Interior Features for 1318 Paluxy Road

Other Interior Features

FlooringCarpet, Tile
Lock Box TypeNone
SQFT Gross4896
Total Stories1
Total Units1

General for 1318 Paluxy Road

Accessibility FeaturesAccessible Bath - Half+Hall, Accessible Doors, Accessible Entrance, Accessible Grip, Accessible Hallway(s), Meets ADA Requirements
Building UseMedical, Office, Other
Business TypeCommercial, Health Services, Medical, Mixed, Professional Office, Professional Service
Ceiling Height8 to10 Feet
CityGranbury
Construction MaterialsBrick
CoolingCentral Air, Electric
CountyHood
DirectionsGPS friendly, turn on Easy St off Paluxy HWY, right next to Granbury Hospital.
Gross Annual Expenses11796.00
HeatingCentral, Electric
Insurance Expense12000
Listing TermsCash, Conventional
Occupant TypeOwner
Operating Expense IncludesMaintenance, Maintenance Grounds, Maintenance Structure
PossessionNegotiable
Property SubtypeOffice
Property TypeCommercial Sale
RoofOther
Special NotesAerial Photo, Deed Restrictions
Standard StatusActive
StatusActive
Subdivision NameHood County Hospital District
Tenant PaysAll Utilities
Unexempt Taxes7788
UtilitiesAll Weather Road, City Sewer, City Water, Electricity Connected, Individual Water Meter
Virtual Tour URL BrandedClick here
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1986
Year Built DetailsPreowned
Zoning DescriptionCommercial

Exterior for 1318 Paluxy Road

Building Area Total4896.00
Construction Materials WallsBrick, Texture
Foundation Slab
Lot FeaturesCleared, Few Trees, Level
Lot Size.5 to < 1 Acre
Lot Size Acres0.8330
Lot Size Area0.8330
Lot Size SourceAssessor
Lot Size Square Feet36285.4800
Lot Size UnitsAcres
Parking FeaturesAdditional Parking, Asphalt, On Site, Outside, Parking Lot, Paved
Road Frontage TypeFM Road, Highway
WaterfrontNo

Additional Details

Price History

Suzanne Smith

Broker/Owner
Price $1,700,000
MLS#21185984
List Date 02/23/2026
Property Type Commercial
Phone 903.235.4216
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