# 403 E Franklin Street, Grapevine, TX 76051

> **TL;DR:** 4bd/2ba single family, $650,000 ($397/sqft), built 1968, 1,636 sqft.
> A/C. Est. $3,477/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $650,000 |
| Price/sqft | $397 |
| Bedrooms | 4 |
| Bathrooms | 2 full |
| Square Feet | 1,636 |
| Year Built | 1968 |
| Lot Size | 7,318 sqft (0.17 acres) |
| Stories | 1 |
| Property Type | Single Family (Single Family Residence) |
| Status | Active |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $3,287 |
| Estimated Insurance | $190 |
| **Total** | **$3,477** |

## Nearby Schools

- **Elementary:** Cannon
- **Middle:** Grapevine
- **High:** Colleyville Heritage

## Key Amenities

- A/C

## Property Highlights

- Built in 1968
- 0.17 acre lot

## Description

### 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 $2,136 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.

## Location

- **Address:** 403 E Franklin Street, Grapevine, TX 76051
- **County:** Tarrant
- **Neighborhood:** Jenkins & Yates Sub
- **Coordinates:** 32.93696, -97.074613
- **Google Maps:** https://www.google.com/maps?q=32.93696,-97.074613

## Virtual Tour & Media

- **Video Tour:** https://www.propertypanorama.com/instaview/ntreis/21392222

## Listing Agent

- **Name:** Sue Wykes
- **Brokerage:** Coldwell Banker Residential Brokerage - Dallas/Fort Worth
- **Broker Phone:** (972) 906-7786
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/403-E-Franklin-St-Apt-A_Grapevine_TX_76051_M71658-73192?f=listhub&s=NTREIS&m=21392222&c=propsimple)

## Photos

![403 E Franklin Street - Photo 1](http://lh.rdcpix.com/97efaf3f86e16204d3d280dd94acf7bdl-f3989930855r.jpg)

![403 E Franklin Street - Photo 2](http://lh.rdcpix.com/97efaf3f86e16204d3d280dd94acf7bdl-f3126275254r.jpg)

![403 E Franklin Street - Photo 3](http://lh.rdcpix.com/97efaf3f86e16204d3d280dd94acf7bdl-f2408969696r.jpg)

![403 E Franklin Street - Photo 4](http://lh.rdcpix.com/97efaf3f86e16204d3d280dd94acf7bdl-f1454498383r.jpg)

![403 E Franklin Street - Photo 5](http://lh.rdcpix.com/97efaf3f86e16204d3d280dd94acf7bdl-f536629982r.jpg)

![403 E Franklin Street - Photo 6](http://lh.rdcpix.com/97efaf3f86e16204d3d280dd94acf7bdl-f3098210267r.jpg)

![403 E Franklin Street - Photo 7](http://lh.rdcpix.com/97efaf3f86e16204d3d280dd94acf7bdl-f2052091673r.jpg)

![403 E Franklin Street - Photo 8](http://lh.rdcpix.com/97efaf3f86e16204d3d280dd94acf7bdl-f894389945r.jpg)

![403 E Franklin Street - Photo 9](http://lh.rdcpix.com/97efaf3f86e16204d3d280dd94acf7bdl-f2264814208r.jpg)

![403 E Franklin Street - Photo 10](http://lh.rdcpix.com/97efaf3f86e16204d3d280dd94acf7bdl-f3568119718r.jpg)

![403 E Franklin Street - Photo 11](http://lh.rdcpix.com/97efaf3f86e16204d3d280dd94acf7bdl-f2184742153r.jpg)

![403 E Franklin Street - Photo 12](http://lh.rdcpix.com/97efaf3f86e16204d3d280dd94acf7bdl-f1653232749r.jpg)

![403 E Franklin Street - Photo 13](http://lh.rdcpix.com/97efaf3f86e16204d3d280dd94acf7bdl-f1140317499r.jpg)

![403 E Franklin Street - Photo 14](http://lh.rdcpix.com/97efaf3f86e16204d3d280dd94acf7bdl-f3214311432r.jpg)

![403 E Franklin Street - Photo 15](http://lh.rdcpix.com/97efaf3f86e16204d3d280dd94acf7bdl-f1426891898r.jpg)

![403 E Franklin Street - Photo 16](http://lh.rdcpix.com/97efaf3f86e16204d3d280dd94acf7bdl-f2736146451r.jpg)

![403 E Franklin Street - Photo 17](http://lh.rdcpix.com/97efaf3f86e16204d3d280dd94acf7bdl-f3390847231r.jpg)

![403 E Franklin Street - Photo 18](http://lh.rdcpix.com/97efaf3f86e16204d3d280dd94acf7bdl-f1267489217r.jpg)

![403 E Franklin Street - Photo 19](http://lh.rdcpix.com/97efaf3f86e16204d3d280dd94acf7bdl-f1605022673r.jpg)

![403 E Franklin Street - Photo 20](http://lh.rdcpix.com/97efaf3f86e16204d3d280dd94acf7bdl-f4137708956r.jpg)

![403 E Franklin Street - Photo 21](http://lh.rdcpix.com/97efaf3f86e16204d3d280dd94acf7bdl-f2670768111r.jpg)

![403 E Franklin Street - Photo 22](http://lh.rdcpix.com/97efaf3f86e16204d3d280dd94acf7bdl-f2610576445r.jpg)

![403 E Franklin Street - Photo 23](http://lh.rdcpix.com/97efaf3f86e16204d3d280dd94acf7bdl-f3985333657r.jpg)

![403 E Franklin Street - Photo 24](http://lh.rdcpix.com/97efaf3f86e16204d3d280dd94acf7bdl-f3532576787r.jpg)

![403 E Franklin Street - Photo 25](http://lh.rdcpix.com/97efaf3f86e16204d3d280dd94acf7bdl-f2130253295r.jpg)

![403 E Franklin Street - Photo 26](http://lh.rdcpix.com/97efaf3f86e16204d3d280dd94acf7bdl-f3737888537r.jpg)

---

**MLS#:** 21392222 | **Updated:** 2026-10-22
**Source:** listhub

*Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/403-e-franklin-street-grapevine-tx-76051-6aab590d0fed4008bb0c87804ebb11e3)

---

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