403 E Franklin Street #A, Grapevine, Texas image 1
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403 E Franklin Street #A

Grapevine, Texas 76051
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$650,000 $2,740/Mo
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Bed 4

Bed

Bath 2

Bath

Acres0.17

Acre(Lot)

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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $650,000

AD Id : 91588072

MLS Id : 574265024

Beds : 4

Lot Size : 0.17 Acre

Year Built : 1968

County : Tarrant

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 4

    Bathroom Information

    Total Baths: 2 Full Baths: 2 Half Baths: 0

  • Interior Features

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

    Appliances

    Dishwasher,Disposal,Electric Range,Electric Water Heater

    Utilities

    City Sewer,City Water

  • Cooling Features

    Central Air,Electric

    Heating Source

    Central,Electric

    Fireplace

    Number of Fireplaces: 0

  • Building Information

    Built Year: 1968 Building Area Total: 1,612 Construction: Brick,Wood Roof Type: Composition

  • Foundation

    Slab

  • Patio And Porch

    Covered

    Fencing

    Wood

    Construction Materials

    Brick,Wood

  • Lot Information

    Lot Size (Acr): 0.1680 Lot Size Units: Acres Lot Size Square Feet: 7,318 Lot Features: Interior Lot,Landscaped,Sprinkler System,Subdivision

  • Property Information

    Property Type: Residential Income Property Sub Type: Duplex Subdivision: Jenkins & Yates Sub City: Grapevine State: Texas Directions: From Historic Main Street: Two blocks East on Franklin Street, property is on your left Property Status: Active Exclusions: Unit A: Shed in backyard, refrigerator in kitchen Levels: One Property Age: 58 Year Built Details: Preowned

  • Listing Price Information

    Original List Price: $650,000

  • Listing Information

    Possession: Closing/Funding,Subject to Lease

  • Tax Information

    Parcel Number: 04536517 Tax Legal Description: JENKINS & YATES SUBDIVISION LOT 9A Tax Lot: 9A Unexempt Taxes: $4,849

  • Parking Information

    Garage Space: 0 Carport Spaces: 2 Parking: 2 Parking Features: Attached Carport

  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Cannon Middle School: Grapevine High School: Colleyville Heritage School District: Grapevine-Colleyville ISD

  • Utility Information

    Utilities: City Sewer,City Water
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 10/06/2026 @ 08:51

MLS: 574265024 LISTED BY: Sue Wykes, Coldwell Banker Realty 800-257-1242 SOURCE: NTREIS - North Texas Real Estate Information

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