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Investment Highlights

  • Centrally located in Granbury, Texas, the facility is currently home to the TX House of Pickleball Club.
  • Ample parking is also available with more than 70 paved spaces.
  • The property is well-located and surrounded by several national retailers, as well as residential communities.
  • The 24,000 SF building is equipped with eight indoor, climate-controlled pro-cushion pickleball courts on 2.5 Acres.
  • The property presents a range of opportunity for investors with the option to either continue the existing, established business or develop a new one.
  • A steady growth rate is also projected in the area from 2026 to 2031 (11.40% within 1 mile, 12.45% within 3 miles and 12.65% within 5 miles).

Executive Summary

Nestled in the vibrant community of Granbury, Texas, this premier indoor sports facility offers a distinct investment opportunity along one of the market’s most active commercial corridors. Positioned at 1109 Hwy 51, the property features a modern 24,000 SF building purpose-built for recreation on a 2.5-acre site. Currently operated as the TX House of Pickleball Club, the facility includes eight climate-controlled, pro-cushion pickleball courts and expansive paved parking with 70+ spaces, supporting ease of access and operational convenience.
The property’s flexibility allows investors to continue capitalizing on the fast-growing popularity of pickleball or repurpose the building for alternative uses such as multi-sport training, event hosting, or fitness concepts. Strategically located near Lake Granbury and surrounded by national retailers and established residential neighborhoods, the site benefits from strong visibility and connectivity to major traffic corridors, including U.S. Highway 377 and proximity to the Granbury Regional Airport.
Local fundamentals underscore long-term value. The surrounding trade area projects double-digit population growth through 2031, with household incomes averaging over $100,000 within a five-mile radius. These affluent demographics, coupled with the region’s recreational culture and expanding residential base, provide a robust demand driver for retail and leisure-focused investment.
This rare offering represents an opportunity to secure a high-quality, income-generating facility in a dynamic Texas submarket with enduring growth potential.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
24,000 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
2.66 AC
Zoning
Commercial - Commercial
Parking
70 Spaces (2.92 Spaces per 1,000 SF Leased)

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 24,000 SF
  • Retail
  • -
  • Now
Space Size Space Use Position Available
1st Floor 24,000 SF Retail - Now

1st Floor

Size
24,000 SF
Space Use
Retail
Position
-
Available
Now
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
17887.000.0004.0
Land Assessment
$303,510 CAD
Improvements Assessment
$3,886,854 CAD
Total Assessment
$4,190,364 CAD
  • Listing ID: 40318602

  • Date on Market: 2026-04-28

  • Last Updated:

  • Address: 1109 Hwy 51, Granbury, TX 76048

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