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2-Unit Renovated Duplex
New
For Sale
$650,000

A-403 E Franklin St, Grapevine, TX 76051

Both homes offer two bedrooms, one bath, LVP flooring, quartz countertops and neutral paint.

Property Size1,636 SF
Price / SF$397.31
Days on Market7

Property Features for A-403 E Franklin St

General Information

Standard status Active
Size 1,636 SF
Property subtype Residential Income

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $4,849

Building Details

Year Built 1968
Listing Agency: Coldwell Banker Realty
Listed By: Sue Wykes · License #0643098
Source: Exprealty
Added: Oct 1 Changed: Oct 4 Last Checked: Oct 5 at 9:46PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty

Investment Insights

Based on property information with market context.

Built in 1968, this duplex contains two renovated residences, each measuring 806 square feet and configured with two bedrooms and one bathroom. Interior finishes include LVP flooring throughout, quartz countertops and neutral paint. One residence is vacant; the other is occupied under a lease running through July 2027.

The property is in Grapevine’s Historic District, two blocks from Main Street. Nearby Main Street destinations include restaurants, wineries, boutiques, festivals and entertainment. Grapevine Faith Christian School is also identified as nearby, and the property is zoned to Grapevine-Colleyville ISD, including Colleyville Heritage High School.

Key Highlights

  • Two residences, each with 806 square feet
  • Both units have two bedrooms and one bath
  • Renovated interiors feature LVP flooring and quartz countertops

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Pet Grooming Service Florist Fish Market Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,919
Businesses Nearby

Demographics for 76051, TX

49,969
Population
22,529
Households
2.2
Avg Household Size
39
Median Age
57%
College-Educated
95%
High-School Grad
22.3 sq mi
ZIP Area
2,241
Density / Sq Mi
$111,193
Median Household Income
$61,522
Median Earnings
$1,806
Median Rent
$467,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Both homes offer two bedrooms, one bath, LVP flooring, quartz countertops and neutral paint.
Where is this duplex located?
The property is located at A-403 E Franklin St Grapevine, TX.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Two residences, each with 806 square feet; Both units have two bedrooms and one bath; Renovated interiors feature LVP flooring and quartz countertops
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