The exploration of Hot Dry Rock (HDR) geothermal energy is essential to fulfill the energy demands of the increasing population. Investigating the physical and mechanical properties of heated rock under different cooling methods has significant implications for the exploitation of HDR. In this study, ultrasonic testing, uniaxial strength compression experiments, Brazilian splitting tests, nuclear magnetic resonance (NMR), and scanning electron microscope (SEM) were conducted on heated granite after different cooling methods, including cooling in air, cooling in water, cooling in liquid nitrogen, and cycle cooling in liquid nitrogen. The results demonstrated that the density, P-wave velocity (Vp), uniaxial compressive strength (UCS), tensile strength (σt), and elastic modulus (E) of heated granite tend to decrease as the cooling rate increases. Notably, heated granite subjected to cyclic liquid nitrogen cooling exhibits a more pronounced decline in physical and mechanical properties and a higher degree of damage. Furthermore, the cooling treatments also lead to an increase in rock pore size and porosity. At a faster cooling rate, the fracture surfaces of the granite transition from smooth to rough, suggesting enhanced fracture propagation and complexity. These findings provide critical theoretical insights into optimizing stimulation performance strategies for HDR exploitation.