1002 W Pearl St, Granbury, TX, 76048
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.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1910
Materials
- Foundation: Pillar/Post/Pier
- Roof: Metal
- Construction materials: Wood Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Gas Range
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 6
Features
- High Speed Internet
- Flooring: Laminate,Tile,Wood
- Number of fireplaces: 1
- Fireplace features: Wood Burning
- Fireplace: Yes
Heating & Cooling
- Heating features: Central,Electric,Natural Gas
- Cooling features: Central Air,Ceiling Fan(s)
Interior Area
- Total structure area: 3,915
- Total interior livable area: 3,915 sqft
Property
Details
- Parcel number: R000037012
Features
- Levels: One
- Stories: 1
- Pool features: None
- Patio & porch: Covered,Deck
- Exterior features: Courtyard,Deck
- Fencing: Vinyl,Wood
Lot
- Lot size: 0.52 Acres
- Features: Corner Lot,Landscaped,Many Trees
Parking
- Parking features: Assigned,Guest,Open
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tornado
- Cold Wave
- Hail
- Ice Storm
- Lightning
- Heat Wave
- Inland Flooding
- Strong Wind
- Wildfire
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,056 | $60,672 |
| Home Insurance * | $907 | $10,884 |
| Property Taxes | $808 | $9,696 |
| Electricity | $429 | $5,158 |
| Total | $7,200 | $86,400 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-07 | Price change | $975,000 |
| 2026-07-30 | Price change | $999,999 |
| 2026-04-16 | Price change | $1,100,000 |
| 2026-04-07 | Listed for sale | $1,200,000 |
For Sale by Agent
View on Zillow