USATXGrapevineJenkins & Yates Sub403 E Franklin St

New

Virtual Tour

$650,000

For Sale

6 days ago

403 E Franklin St, Grapevine, TX

House

MLS® 21392222

4 Bed

2 Bath

1636 sqft

Key Facts
Description
Rooms
Map

Key Facts

Type Single Family Residence

Levels Residential

Size 1636 sqft

Garage

Taxes $4,849

Days Active 7

Lot Size 0.168 Acres

Approx. Age 1968

Avg. Price Per Sqft $397

MLS® Number 21392222

Property Address: 403 E Franklin St, Grapevine, TX, 76051-5441

Average square foot calculated using Size range provided by listing agent.

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 on a slab foundation 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. For buyers envisioning a single-family residence, there may also be an opportunity to convert the duplex into one home, as demonstrated by a neighboring property that has undergone a similar transformation. Any such conversion would be subject to applicable City of Grapevine approvals, including any necessary zoning changes, which the buyer would need to pursue after purchase. 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, a potential single-family conversion 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.

MLS® Number21392222

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1968

Basement

DrivewayCarport

Garage Spaces

HeatCentral, Electric

A/CCentral Air, Electric

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Oct 1, 2026List Date

$650,000List Price

Commute

Commute

Starting Address

Destination Address

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

I want to view this property

By pressing "Take a Tour", I confirm that I have read and agree to the eXp Privacy Policy, and Terms of Use.

By pressing "Take a Tour", I am electronically signing and consenting to receive marketing comms about real estate brokerage and mortgage lending services, delivered via email, phone and/or text (using "automated technology" such as an automatic telephone dialing system, and/or an artificial or prerecorded voice), from eXp Realty® and its independent contractor real estate professionals and their affiliate SUCCESS® Lending using the contact information I provided. Your consent is not a condition of purchase and you may revoke it at any time by replying "STOP" to any texts. Text HELP for more info. Message and data rates may apply. You may also contact us directly at 1-844-683-4664.

Similar Listings

Comparable Properties

DMCA Notice

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply

Fair Housing and Reasonable Accommodations

MLS Compliance Statements

Karen Richards - Designated Managing Broker, Broker Operations - TX

Texas Real Estate Commission information about brokerage services

Texas Real Estate Commission Consumer Protection Notice

eXp Realty® is committed to adhering to the guidelines of The New York State Fair Housing Regulations.The Fair Housing Notice →

*Standardized Operating Procedure for Purchasers of Real Estate Pursuant to Real Property Law 442-H.Learn More →

eXp Realty of California, Inc. | CA DRE# 01878277 | Deborah Penny - Designated Broker

eXp Realty of Southern California, Inc. | CA DRE#01325837 | Jason Crawford – Designated Broker

eXp Realty of Greater Los Angeles, Inc. | CA DRE# 01240990 | Mike Mendibles - Designated Broker

eXp Realty of Northern California, Inc. | CA DRE# 01951343 | Ryan Rosas - Designated Broker