Granbury, Texas
Hodges Ward Elliott (“HWE”) is pleased to offer the opportunity to acquire the fee-simple interest in the Comfort Suites Granbury (“Property” or “Hotel”), unencumbered of brand, located within the nation’s fourth largest Metropolitan Statistical Area (MSA). The 70-room Hotel sits just a few streets over from the picturesque Lake Granbury, is a block away from Highway 377, the major highway connecting Granbury to the greater DFW metroplex, and just over five minutes from the Historic Granbury Square. The city of Granbury is a popular leisure destination outside of Fort Worth. It has been a perennial winner of USA Today’s “Best Historic Small Town” award and offers a nearly endless event calendar along with over 40 historical landmarks. With no new supply on the horizon, this offering represents the rare opportunity to acquire a uniquely located product within an established, growing market that demonstrates strong fundamentals across the board.
| Address: | |
| Built: | 2007 |
| Last Renovation: | Renovation Completed in 2023 (± $1.5M) |
| Keys: | 70 |
| Stories: | 3 |
| Meeting Space: | 624 SF |
| Amenities: |
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| Fee Simple | |
| Unencumbered | |
| Unencumbered | |
| Labor: | Non-Union |
INVESTMENT HIGHLIGHTS
UNIQUE LOCATION CLOSE TO LAKE GRANBURY WITH EXCELLENT ACCESSIBILITY
The Comfort Suites is situated in a prime location under five minutes away from Lake Granbury and Granbury City Beach Park, two of the region’s premier attractions. Furthermore, it is positioned a few streets over from Highway 377, providing the Hotel with exceptional access to surrounding demand drivers. Some of these demand drivers include the Historic Granbury Square, Baylor Scott & White Surgicare - Granbury, and Lake Granbury Medical Center. Located roughly 35 miles southwest of Fort Worth, the Property uniquely serves both leisure guests from DFW and abroad.
AWARD WINNING, HISTORIC CITY
Granbury is home to the oldest historic courthouse square in Texas and attracts visitors for a myriad of reasons. Known as “The Celebration Capital of Texas”, the city won USA Today’s “Best Historic Small Town in America” three years in a row from 2019 to 2021, and most recently in 2025. In 2023, Granbury was awarded the “Best Destination for Foodies – People’s Choice Award 2023” by the Texas Travel Awards. There are over 40 Historic Texas Landmarks around Granbury.
The Historic Granbury Square houses a wide variety of restaurants, bars, specialty shopping, historic museums, and a thriving arts scene. The square recently received many infrastructure upgrades, while still preserving the historic nature. The crown jewel of Granbury’s arts scene, the 1886 Granbury Opera House, was completely restored in 2013 and draws patrons from all over the DFW Metroplex. Granbury’s calendar is packed with downtown festivals and conferences year-round.
HEALTHCARE HUB OF HOOD, SOMERVELL, AND ERATH COUNTIES
The Comfort Suites is surrounded by multiple healthcare centers. Led by Lake Granbury Medical Center and Baylor Scott & White Surgicare - Granbury, Granbury serves as the primary healthcare center for Hood, Somervell, and Erath counties. Lake Granbury Medical Center is a 73-bed, full-service, Joint Commission-accredited hospital providing a broad spectrum of care, including emergency services, advanced surgical procedures across multiple specialties, cardiac care, imaging, maternity services, and more. Complementing these services, Baylor Scott & White Surgicare - Granbury operates as a modern ambulatory surgery center focused on efficient outpatient procedures such as gastroenterology, orthopedics, ophthalmology, ENT, pain management, podiatry, and urology. Both medical facilities are around five minutes away, making the Hotel a premier lodging option for guests in need of healthcare.
TRANSFORMATIONAL NEW DEVELOPMENT UNDERWAY
A new mixed-use community, Lakeview Landing, is currently under construction less than five minutes from the Hotel. The 48-acre project will feature over 3,000 square feet of lake frontage and includes waterfront restaurants, retail, offices, parks, and a mix of single-family and multi-family housing options totaling over 600 units. Slated for completion by 2028, Lakeview Landing will create a strong economic impact throughout its development and greatly enhance the region once open.
NEWLY RENOVATED OPTIMAL OFFERING
The non-union, fee-simple interest in the newly renovated Comfort Suites is being offered free and clear of existing management and financing, affording new ownership maximum optionality in the future operation and capitalization of the Hotel. The renovation included a full soft goods replacement, updating the Hotel to the latest Choice brand standards, allowing new ownership to acquire the asset with little to no capital requirements. In addition, the Property is offered unencumbered of the Comfort brand, providing new ownership with the flexibility to up-brand or reposition the asset to maximize returns.
NO NEW SUPPLY UNDER CONSTRUCTION
Within a 15-mile radius, there are no known hotels under construction, providing a new owner the unrivaled opportunity to capture a large share of the market for the foreseeable future.