717 E Texas Street, Grapevine, TX 76051
Local realty services provided by:Better Homes and Gardens Real Estate Lindsey Realty
Listed by: kelsey cretsinger, kimberly boales682-847-1396
Office: bray real estate-ft worth
MLS#:21135288
Source:GDAR
Price summary
- Price:$1,650,000
- Price per sq. ft.:$203.2
About this home
Investor Opportunity – 8-Unit Apartment in Grapevine! Located near Historic Downtown Grapevine, this fully occupied 8-unit multifamily property offers a rare opportunity to acquire a stabilized, income-producing asset in one of the area’s most desirable rental markets. The property consists of two quadraplex buildings on one tax ID, providing efficient operations and long-term investment appeal. The unit mix includes a combination of 2- and 3-bedroom floorplans, offering functional layouts that appeal to a wide tenant base. All units are currently leased, allowing investors to step into immediate cash flow with minimal disruption. Residents enjoy convenient access to downtown Grapevine’s restaurants, shopping, and entertainment, as well as major employment corridors and transportation routes. Strong occupancy, proven rental demand, and a prime Grapevine location make this property a compelling option for local investors, portfolio buyers, and 1031 exchange opportunities. This is a rare chance to own a small-scale apartment asset in a high-demand submarket with long-term upside. Property has been operated as part of a larger multifamily portfolio. Income is supported by current rent rolls. Certain operating expenses have historically been shared at the portfolio level and have been normalized for stand-alone review. Detailed financial information, including rent rolls and portfolio T-12, is available upon request and subject to buyer due diligence. ***Seller Financing NOT available***
Contact an agent
Home facts
- Year built:1963
- Listing ID #:21135288
- Added:6 day(s) ago
- Updated:January 23, 2026 at 01:00 PM
Rooms and interior
- Bedrooms:18
- Total bathrooms:10
- Full bathrooms:10
- Living area:8,120 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air, Electric
- Heating:Central, Electric
Structure and exterior
- Roof:Composition
- Year built:1963
- Building area:8,120 sq. ft.
- Lot area:0.46 Acres
Schools
- High school:Colleyville Heritage
- Middle school:Grapevine
- Elementary school:Cannon
Finances and disclosures
- Price:$1,650,000
- Price per sq. ft.:$203.2
- Tax amount:$15,498
New listings near 717 E Texas Street
- New
$365,000Active3 beds 2 baths1,856 sq. ft.503 Azalea Drive, Grapevine, TX 76051
MLS# 21145862Listed by: EXP REALTY LLC - New
$615,000Active4 beds 4 baths2,623 sq. ft.2608 Flameleaf Drive, Grapevine, TX 76051
MLS# 21157119Listed by: COLDWELL BANKER APEX, REALTORS - New
$574,900Active3 beds 2 baths2,052 sq. ft.2923 Southridge Drive, Grapevine, TX 76051
MLS# 21160590Listed by: LISTING RESULTS, LLC - New
$649,000Active4 beds 3 baths2,472 sq. ft.5147 Haydenbend Circle, Grapevine, TX 76051
MLS# 21159787Listed by: LEAGUE REAL ESTATE - New
$1,300,000Active4 beds 4 baths2,796 sq. ft.907 E Texas Street, Grapevine, TX 76051
MLS# 21144749Listed by: COLDWELL BANKER REALTY
$120,000Pending0.5 Acres1016 Kings Canyon Court, Grapevine, TX 76051
MLS# 21157802Listed by: UNIVERSAL REALTY, INC- New
$450,000Active3 beds 2 baths1,522 sq. ft.1333 S Pine Street, Grapevine, TX 76051
MLS# 21149539Listed by: KELLER WILLIAMS REALTY DPR - New
$2,200,000Active17 beds 13 baths10,118 sq. ft.705 E Worth Street, Grapevine, TX 76051
MLS# 21135293Listed by: BRAY REAL ESTATE-FT WORTH - New
$549,900Active3 beds 2 baths2,068 sq. ft.2822 Wentwood Drive, Grapevine, TX 76051
MLS# 21145216Listed by: THE ASHTON AGENCY