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Mark Wykes

mark@thewykesgroup.com +1(972) 896-0054

$ 650,000

Est. payment -/mo

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403 E Franklin Street #A Grapevine, TX 76051

4 Beds

2 Baths

7,318 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Jenkins & Yates Sub

MLS Listing ID 21388934

Bedrooms 4

Full Baths 2

HOA Y/N None

Total Fin. Sqft 1612

Year Built 1968

Annual Tax Amount $4,849

Lot Size 7,318 Sqft

Acres 0.168

Property Sub-Type Duplex

Property Description

Rare opportunity to own a turnkey duplex in the heart of Grapevine's coveted Historic District, just two blocks from vibrant Main Street! With very few duplexes existing within the Historic District, this unique property offers incredible flexibility for an owner-occupant or investor. Built in 1968 and fully renovated, each 806-square-foot unit features two bedrooms and one bath with LVP flooring throughout—no carpet—quartz countertops and fresh neutral paint for a clean, updated look. Both residences are move-in ready with no renovation required. Unit A is currently vacant, offering the perfect opportunity to live on one side while benefiting from rental income next door. Unit B is tenant-occupied with a lease in place through July 2027 at $2,000 per month. Prefer a traditional investment? Lease Unit A as well and enjoy income from both sides. The location is exceptional—leave the car at home and walk to the restaurants, wineries, boutiques, festivals and entertainment of Historic Main Street, as well as Grapevine Faith Christian School. The property is also zoned to Grapevine-Colleyville ISD, including Colleyville Heritage High School. Whether you're looking for a home with built-in rental income, a multigenerational living option or a rare investment property in one of Grapevine's most desirable and walkable neighborhoods, this beautifully renovated duplex offers a combination of location, flexibility and income potential that is seldom available.

Location

State TX

County Tarrant

Direction From Historic Main Street: Two blocks East on Franklin Street, property is on your left

Interior

Interior Features Cable TV Available, Eat-in Kitchen, High Speed Internet Available, Open Floorplan

Heating Central, Electric

Cooling Central Air, Electric

Flooring Luxury Vinyl Plank

Appliance Dishwasher, Disposal, Electric Range, Electric Water Heater

Heat Source Central, Electric

Exterior

Carport Spaces 2

Fence Wood

Utilities Available City Sewer, City Water

Roof Type Composition

Total Parking Spaces 2

Garage No

Building

Lot Description Interior Lot, Landscaped, Sprinkler System, Subdivision

Story One

Foundation Slab

Level or Stories One

Structure Type Brick,Wood

Schools

Elementary Schools Cannon

Middle Schools Grapevine

High Schools Colleyville Heritage

School District Grapevine-Colleyville Isd

Others

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan

Special Listing Condition Historical

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21388934

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Sue Wykes • Coldwell Banker Realty

NEARBY SCHOOLS & PROPERTIES

Mark Wykes

Commercial & Residential Realtor License ID: 0758527

+1(972) 896-0054

Mark Wykes

403 E Franklin Street #A Grapevine, TX 76051

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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403 E Franklin Street #A