$175,000
SOLD OCT 14, 2025
Last list price

202 E Morgan St Franklin, TX 77856

2 Beds
1 Bath
1,004 Sq Ft
4,269 Sq Ft Lot

Recently Sold

$174 Per Sq Ft

42 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Covered Patio or Porch
  • Roland Reynolds Elementary School Rated A
  • Lawn
  • Accessible Approach with Ramp

About This Home

As of October 2025

Located on the bustling square in charming Franklin, Texas, this versatile property offers incredible potential for either residential or commercial use. Currently operating as a stylish and modern hair salon, the space is thoughtfully designed and well-maintained, making it an ideal turnkey opportunity for a salon owner. However, with minimal modification, the layout could easily be transformed into a two-bedroom, one-bathroom home, retail shop, or professional office. Situated just steps from the courthouse and within close proximity to busy intersections, schools, and churches, the location is unbeatable for foot traffic and visibility. Whether you're looking to establish a business, create a cozy downtown residence, or invest in a high-traffic area, this property offers endless possibilities in the heart of Franklin.

Last Agent to Sell the Property

Megan Cox

Rike Real Estate, LLC Brokerage Phone: 940-864-2411 License #0613048 Listed on: 07/15/2025

Last Buyer's Agent

Megan Cox

Rike Real Estate, LLC Brokerage Phone: 940-864-2411 License #0613048 Listed on: 07/15/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,718

Year Built

  • Built in 1920

Lot Details

  • 4,269 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Few Trees
  • Lawn
  • Back Yard

Home Design

  • Traditional Architecture
  • Early American Architecture
  • Victorian Architecture
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,004 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Washer and Electric Dryer Hookup

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Open Parking

Schools

  • Reynolds Elementary School
  • Franklin Middle School
  • Franklin High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Accessible Approach with Ramp
  • Covered Patio or Porch

Community Details

  • Franklin Subdivision

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 060000007740

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,718

Year Built

Built in 1920

Lot Details

0

Listing Details

  • OWNERNAME: Carlisle/Kennedy
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Early American, Traditional, Victorian, Detached
  • Unit Levels: One
  • Accessibility Features: Accessible Approach with Ramp
  • Year Built Details: Preowned
  • Attribution Contact: 940-864-2411
  • Co List Office Mls Id: RIKEAB
  • Structure Type: House
  • HumanModifiedYN: Yes
  • UniversalParcelId: urn:reso:upi:2.0:US:48395:060000007740
  • Special Features: VirtualTour
  • Year Built: 1920

Interior Features

  • Square Footage: 1004.0
  • Interior Amenities: Cable TV
  • Flooring: Carpet, Laminate
  • Appliances: Electric Water Heater
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Pillar/Post/Pier
  • Fencing: Partial
  • Roof: Composition
  • Construction Materials: Wood Siding
  • Pool Features: None
  • Patio And Porch Features: Front Porch, Covered
  • RoadFrontageType: All Weather Road
  • RoadSurfaceType: Asphalt

Garage/Parking

  • Cooling System: Central Air, Ceiling Fan(s), Electric
  • Parking Features: Open, On Street
  • OpenParkingYN: Yes
  • GarageYN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Natural Gas
  • LaundryFeatures: Washer Hookup, Electric Dryer Hookup
  • Utilities: Sewer Available, Water Available, Cable Available
  • Heating Yn: Yes

Schools

  • Elementary School: Reynolds
  • High School: Franklin
  • Junior High Dist: Franklin ISD

Lot Info

  • PropertyAttachedYN: No
  • Lot Features: Back Yard, Corner Lot, Lawn, Few Trees
  • Lot Size Units: Acres
  • Lot Size Area: 0.098
  • Parcel Number: 060000007740
  • Lot Size Acres: 0.098
  • Lot Size Sq Ft: 4268.88

Building Info

  • Year Built: 1920
  • SeniorCommunityYN: No

Tax Info

  • Tax Lot: 13
  • Tax Annual Amount: 1718.0

MLS Schools

  • MiddleOrJuniorSchool: Franklin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2025
Closed on
Oct 10, 2025
Sold by
Stewart Kacey L and Carlisle Kacey
Bought by
Neff Timothy L and Neff Sarah L
Seller's Agent
Megan Cox
Rike Real Estate, LLC
Buyer's Agent
Megan Cox
Rike Real Estate, LLC
List Price
$175,000
Views
147
Current Estimated Value
$170,642

Purchase Details

Closed on
May 11, 2015
Sold by
Stewart Toby
Bought by
Stewart Kacey L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2025 10/14/25 Sold -- -- --
08/26/2025 08/26/25 Pending -- -- --
07/15/2025 07/15/25 For Sale $175,000 -- $174 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20911447

North Texas Real Estate Information Systems (NTREIS)

APN: 060000-007740