Sandeep D Balse
License number: 0599503
mobile: (682) 651-5335
www.kanamrealty.­com/
100 N Central Expy
Suite 913
Richardson, TX 75080
$1,650,000
717 Texas Street, Grapevine, Texas 76051, USA
MLS#
21135288
Property type
Residential For Sale, Apartment
Land size
0.46 sqft (0.04 m2)
Building Size
8,120 sqft (754.3 m2)
Status
Bedrooms
18
Baths
10
Sale price per sqm
0 $
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***
Property Details
1985 Year Built:
Building or Complex name: Ticknor Terrace Location:
Brick, Siding Construction:
Siding Exterior Description:
Resale Condition:
Refrigerator, Disposal Appliances:
Carpet, vinyl Floors:
Window Coverings Windows:
Fire Sprinklers Security Features:
city water, City sewer Utilities:
Central, Electric Heating System:
Central, Electric, Ceiling Fan Cooling System:
Cable Available, Broadband internet access Telecommunication:
On Slab Basement and Foundation:
composition Roofing:
Community Mailbox Association/Community Features Description:
Parking / Garage
20 Number of parking spaces:
Parking Lot Parking type:
Lot Land Information
Less Than 0.5 Acre Lot size:
School Information
482 School District:
Cannon Elementary School:
Colleyville Heritage High School:
Grapevine Middle School:


Listing by: Bray Real Estate-Ft Worth

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