NOT LISTED FOR SALE

202 E Morgan St Franklin, TX 77856

Estimated Value: $170,642

2 Beds
1 Bath
1,004 Sq Ft
$170/Sq Ft Est. Value

Sale Details

Date Sold: October 14, 2025

Current estimated payment $1,107 / mo

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

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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

4,269 Sq Ft Lot

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,522 $72,000 $12,460 $59,540
2024 $5,522 $63,290 $10,950 $52,340
2023 $4,963 $56,250 $9,730 $46,520
2022 $4,581 $55,150 $9,540 $45,610
2021 $2,471 $51,020 $8,830 $42,190
2020 $2,600 $43,750 $7,570 $36,180
2019 $2,630 $42,310 $7,320 $34,990
2018 $2,625 $41,210 $7,130 $34,080
2017 $2,685 $40,478 $7,000 $33,478
2016 $2,713 $40,834 $7,750 $33,084
2015 $1,006 $49,920 $7,650 $42,270
2014 $1,006 $49,010 $7,510 $41,500
2013 $1,033 $51,170 $7,840 $43,330
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

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