705 E Worth St Grapevine, TX 76051
Estimated payment $12,985/month
Highlights
- 0.51 Acre Lot
- Central Heating and Cooling System
- High Speed Internet
- Cannon Elementary School Rated A
- Ceiling Fan
- Carpet
About This Home
Investor Opportunity – 13-Unit Apartment in Grapevine! Located near Historic Downtown Grapevine, this fully occupied 13-unit multifamily property offers a rare opportunity to acquire a stabilized, income-producing asset in one of the area’s most desirable rental markets. Similar to the nearby 717 E Texas St apartments, this property benefits from strong tenant demand driven by its central Grapevine location and proximity to dining, shopping, and entertainment. The property features a diverse unit mix consisting of eight 1-bedroom units, four 2-bedroom units, and one efficiency unit, providing flexibility and broad rental appeal. Functional layouts and consistent occupancy support stable operations, allowing investors to step into immediate income with established management in place. Residents enjoy convenient access to downtown Grapevine, major employment centers, and transportation corridors, contributing to long-term rental demand. With limited multifamily inventory in this submarket, this 13-unit property presents an excellent opportunity for local investors, portfolio buyers, or 1031 exchange purchasers seeking scale in a proven location. This is a compelling option for investors seeking a stabilized apartment asset with long-term upside in the Grapevine market. 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.
Listing Agent
Bray Real Estate-Ft Worth Brokerage Phone: 682-847-1396 License #0802165 Listed on: 01/15/2026
Co-Listing Agent
Bray Real Estate-Ft Worth Brokerage Phone: 682-847-1396 License #0630664
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $19,134
Year Built
- Built in 1963
Lot Details
- 0.51 Acre Lot
Home Design
- Brick Exterior Construction
- Slab Foundation
- Composition Roof
Interior Spaces
- 2-Story Property
- Ceiling Fan
- Window Treatments
Kitchen
- Electric Range
- Dishwasher
- Disposal
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 17 Bedrooms
- 13 Full Bathrooms
Home Security
- Fire and Smoke Detector
- Fire Sprinkler System
Parking
- Parking Lot
- Parking Permit Required
Schools
- Cannon Elementary School
- Grapevine Middle School
- Colleyville Heritage High School
Utilities
- Central Heating and Cooling System
- High Speed Internet
- Cable TV Available
Community Details
- 3 Buildings
- 13 Units
- 10,118 Sq Ft Building
- College Heights Add Subdivision
Listing and Financial Details
- Legal Lot and Block A / 109
- Assessor Parcel Number 00564087
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/16/2026 01/16/26 | For Sale | $2,200,000 | -- | $217 / Sq Ft |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21135293
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