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$1,650,000
3 Days On Site

717 E Texas Street
Grapevine, TX76051

For Sale|Apartment|Active
18
Beds
10
Total Baths
10
Full Baths
8,120
SqFt
$203
/SqFt
1963
Built
Subdivision:
College Heights Add
County:
Tarrant

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717 E Texas Street717 E Texas Street717 E Texas Street717 E Texas Street
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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***

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Listing Snapshot
Price 
$1,650,000
Days On Site 
3 Days
Bedrooms 
18
Inside Area (SqFt) 
8,120 sqft
Total Baths 
10
Full Baths 
10
Partial Baths 
N/A
Lot Size 
0.46 Acres
Year Built 
1963
MLS® Number 
21135288
Status 
Active
Property Tax 
$15,498
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS®
3 days agoListing first seen on site
General Features
Acres 
0.46
Foundation 
Slab
Levels 
Two
Parking 
ConcreteParking Lot
Parking Spaces 
20
Pets 
Yes
Property Sub Type 
Apartment
Security 
Fire AlarmFire Sprinkler System
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
8120
Utilities 
Cable Available
Water Source 
Public
Interior Features
Appliances 
DisposalElectric RangeRefrigerator
Cooling 
Ceiling Fan(s)Central AirElectric
Flooring 
CarpetVinyl
Heating 
CentralElectric
Interior 
High Speed Internet
Window Features 
Window Coverings
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Exterior Features
Construction Details 
Brick
Roof 
Composition
Windows/Doors 
Window Coverings
Community Features
School District 
Grapevine-Colleyville ISD
Schools
School District
Grapevine-Colleyville ISD
Elementary School
Cannon
Middle School
Grapevine
High School
Colleyville Heritage
Listing courtesy of Kelsey Cretsinger of Bray Real Estate-Ft Worth [email protected]



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2026-01-19 04:54 PM CST

Neighborhood & Commute
Source: Walkscore
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