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Jessica Slaughter

jessicaslaughterre@gmail.com +1(214) 699-9295

$ 1,650,000

Est. payment -/mo

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Active

717 E Texas ST Grapevine, TX 76051

18 Beds

10 Baths

8,120 SqFt

UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 8,120 sqft

Price per Sqft $203

Subdivision College Heights Add

MLS Listing ID 21135288

Bedrooms 18

Full Baths 10

HOA Y/N No

Year Built 1963

Annual Tax Amount $15,498

Lot Size 0.460 Acres

Acres 0.46

Property Sub-Type Apartment

Property Description

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***

Location

State TX

County Tarrant

Community Community Mailbox

Direction GPS

Interior

Interior Features High Speed Internet, Cable TV

Heating Central, Electric

Cooling Central Air, Ceiling Fan(s), Electric

Flooring Carpet, Vinyl

Fireplace No

Window Features Window Coverings

Appliance Electric Range, Disposal, Refrigerator

Exterior

Parking Features Concrete, Parking Lot

Pool None

Community Features Community Mailbox

Utilities Available Sewer Available, Water Available, Cable Available

Water Access Desc Public

Roof Type Composition

Total Parking Spaces 20

Garage No

Building

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

Elementary Schools Cannon

Middle Schools Grapevine

High Schools Colleyville Heritage

School District Grapevine-Colleyville Isd

Others

Senior Community No

Tax ID 04411676

Security Features Fire Alarm,Fire Sprinkler System

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21135288

Jessica Slaughter

Agent | License ID: 0793196

+1(214) 699-9295

Jessica Slaughter

717 E Texas ST Grapevine, TX 76051

Key Details

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Interior

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Building

Schools

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717 E Texas ST