The Granbury College President's House, also known as the Peveler House, is located at 801 North Lipan Highway. Originally built in 1873 for the Granbury College President, the house has also been inhabited by several of Hood County's Sheriffs. One particular sheriff was J.L Sandlin and family. It has also been noted that there were classes held in the home and that the home served as a dormitory for the college at some time. The house stands as a visible monument to the growth of Granbury. It also represents the commitment the community had to excellence in education. Elizabeth Peveler, a descendant of the locally prominent Peveler family, lived in the home for more than thirty years. The location of this house is also integral to its significance. Lipan Highway is one of the major corridors into Granbury and is widely travelled. This house has been an unchanging monument which residents and visitors alike have grown accustomed to. Additionally, the massive 500-year-old Live Oak tree in the front yard of the house is No. 10 in the city's landmark inventory.
The Granbury College President's House/ Peveler House was designated a local landmark February 18, 2008.
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