Hilton Garden Inn Granbury, TX Listed for Sale with Renovated Facilities and Long-Term Lease

Property Overview

The Hilton Garden Inn Granbury, located in Granbury, Texas, has been listed for sale. The property is situated on a lakefront site adjacent to the Lake Granbury Conference Center and within walking distance of downtown Granbury, the Granbury Opera House, and various dining, retail, and recreational venues. The hotel is within 30 minutes of regional attractions such as Glen Rose and Dinosaur Valley State Park, and less than an hour from Dallas/Fort Worth International Airport.

Market Position and Demand Drivers

The hotel is positioned to attract both business and leisure travelers due to its location at the intersection of leisure, corporate, and group demand. The area’s tourism base, conference activity, and regional accessibility support a balanced mix of guests. Additional demand is generated by the nearby Comanche Peak Nuclear Power Plant, located about 20 miles southwest, which provides a consistent source of workforce and contractor stays. The hotel also serves corporate, government, and overflow demand from the Dallas–Fort Worth Metroplex.

Sale Structure and Investment Terms

The property is being offered unencumbered by management or debt, allowing investors flexibility to implement operational and capital strategies. The hotel operates under a long-term ground lease with the City of Granbury, with approximately 65 years remaining. The $1 annual rent for the ground lease has been prepaid through the end of the term, providing long-term control and potential tax benefits for future owners.

Renovation and Property Features

The Hilton Garden Inn Granbury underwent a comprehensive renovation in 2025. The renovation aimed to minimize the need for further improvements by new owners. The hotel’s location provides market visibility and accessibility. The property offers 2,941 square feet of event space and maintains a partnership with the adjacent conference center, which provides an additional 5,376 square feet of ballroom and event space. This arrangement supports a range of events, including corporate meetings, conferences, weddings, banquets, and social gatherings.

Operational Performance

The Hilton Garden Inn Granbury has recorded strong operational results. It has led its competitive set in revenue per available room (RevPAR), with an average index above 194% from 2021 to 2025. As of the trailing twelve months ending February 2026, the hotel reported $2.3 million in net operating income (NOI) and a NOI margin of 37.8 percent. The hotel’s performance is supported by steady group and event demand, as well as overflow demand from the Dallas–Fort Worth area.

Local Market Characteristics

Granbury is described as a lakeside community with a walkable historic downtown, arts and cultural venues, and a variety of recreational activities centered around Lake Granbury. The city hosts festivals, outdoor recreation, live music, and community events that attract regional visitors throughout the year. The area’s characteristics contribute to consistent demand for lodging, particularly for leisure and event-related stays.

Summary

The Hilton Garden Inn Granbury is being marketed as an investment opportunity with a renovated facility, long-term ground lease, and established operational performance. Its location near key demand generators and event venues, combined with accessibility to the Dallas–Fort Worth Metroplex, positions the hotel to attract a diverse range of guests and maintain stable cash flow. The sale offers potential investors flexibility in management and operations, as well as long-term control of the asset.

Inquire at CBRE.