$1,650,000

717 E Texas St Grapevine, TX 76051

Estimated payment $9,835/month

18 Beds
10 Baths
8,120 Sq Ft
$203 Price per Sq Ft

Highlights

  • 0.46 Acre Lot
  • Central Heating and Cooling System
  • High Speed Internet
  • Cannon Elementary School Rated A
  • Ceiling Fan
  • Carpet

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.

Listing Agent

Kelsey Cretsinger

Bray Real Estate-Ft Worth Brokerage Phone: 682-847-1396 License #0802165 Listed on: 01/15/2026

Co-Listing Agent

Kimberly Boales

Bray Real Estate-Ft Worth Brokerage Phone: 682-847-1396 License #0630664

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $15,498

Year Built

  • Built in 1963

Lot Details

  • 0.46 Acre Lot

Parking

  • Parking Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Window Treatments

Kitchen

  • Electric Range
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 10 Full Bathrooms

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Schools

  • Cannon Elementary School
  • Grapevine Middle School
  • Colleyville Heritage High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 12R / 105
  • Assessor Parcel Number 04411676

Community Details

Overview

  • 2 Buildings
  • 8 Units
  • 8,120 Sq Ft Building
  • College Heights Add Subdivision

Amenities

  • Community Mailbox

Property Details

Home Type

Apartment

Est. Annual Taxes

$15,498

Year Built

Built in 1963

Lot Details

0

Listing Details

  • OWNERNAME: See Tax Record
  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Unit Levels: Two
  • Security: Fire Alarm, Fire Sprinkler System
  • Year Built Details: Preowned
  • Attribution Contact: 682-847-1396
  • Co List Office Mls Id: BRAY02
  • Co List Office Phone: 817-900-3564
  • Co List Office Mls Id: BRAY02
  • HumanModifiedYN: Yes
  • UniversalParcelId: urn:reso:upi:2.0:US:48439:04411676
  • Special Features: None
  • Year Built: 1963

Interior Features

  • Windows: Window Coverings
  • Interior Amenities: High Speed Internet, Cable TV
  • Flooring: Carpet, Vinyl
  • Appliances: Electric Range, Disposal, Refrigerator

Beds/Baths

  • Full Bathrooms: 10
  • Total Bedrooms: 18

Exterior Features

  • Foundation: Slab
  • Community Features: Community Mailbox
  • Roof: Composition
  • Construction Materials: Brick
  • Pool Features: None
  • Waterfront: No

Garage/Parking

  • Cooling System: Central Air, Ceiling Fan(s), Electric
  • Parking Features: Concrete, Parking Lot
  • GarageYN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Electric
  • Utilities: Sewer Available, Water Available, Cable Available
  • Heating Yn: Yes

Schools

  • Elementary School: Cannon
  • High School: Colleyville Heritage
  • Junior High Dist: Grapevine-Colleyville ISD

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.46
  • Parcel Number: 04411676
  • Lot Size Acres: 0.46
  • Lot Size Sq Ft: 20037.6

Building Info

  • Year Built: 1963
  • Units Total: 8
  • SeniorCommunityYN: No

Tax Info

  • TaxBlock: 105
  • Tax Lot: 12R
  • Tax Annual Amount: 15498.0

MLS Schools

  • MiddleOrJuniorSchool: Grapevine

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2026 01/16/26 For Sale $1,650,000 -- $203 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21135288

North Texas Real Estate Information Systems (NTREIS)