705 E WORTH STREET, GRAPEVINE, TX 76051
Homes for sale in Grapevine.
Homes for sale in 76051.
705 E Worth Street
Grapevine, TX 76051
List Price$2,200,000
Listing #21135293
About This Property
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. ***Seller Financing NOT available***
Property Features
Location Information
County
Tarrant
Subdivision
College Heights Add
Interior Features
Interior
High Speed Internet, Cable TV
Cooling
Central Air, Ceiling Fan(s), Electric
Full Baths
13
Floors
Carpet, Vinyl
Has Fireplace
No
Appliances
Dishwasher, Electric Range, Disposal, Refrigerator
Number of Fireplaces
0
Total Number of Units
13
Heating
Central, Electric
Exterior Features
Stories
2
Garage Spaces
0
Construction
Brick
Pool Description
None
Foundation
Slab
Lot Size in Acres
0.51
Roof
Composition
Lot Size in Sq. Ft.
22,215
Water / Sewer
Sewer Available, Water Available, Cable Available
Buildings
3
Utilities
Sewer Available, Water Available, Cable Available
Building Total Area (Sq. Ft.)
10,118
Security System
Fire Alarm, Fire Sprinkler System
Is One Story
No
Parking Description
Permit Required, Parking Lot
Windows Description
Window Coverings
School
Elementary School District
Grapevine-Colleyville ISD
Jr. High School
Grapevine
Elementary School
Cannon
High School
Colleyville Heritage
Additional Information
Year Built Details
Preowned
Has a Home Owners Association
No
Property Type
RI
Tax Annual Amount
19134.0
Property SubType
Apartment
Exclusions
Washers and dryers are common use and provided through a third party company and do not go with the property
Year Built
1963
Lot Acres Source
Public Records
Status
Active
Similar Listings
Mortgage Calculator
$10,273
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$7,927
Monthly Tax
$1,833
Monthly Insurance
$513
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing courtesy of
Kelsey Cretsinger, Bray Real Estate-Ft Worth
© 2026 North Texas Real Estate Information Systems. All rights reserved.
We do not independently verify the currency, completeness, accuracy or authenticity of the data contained herein. The data may be subject to transcription and transmission errors. Accordingly, the data is provided on an "as is, as available" basis only.
NTREIS - North Texas data last updated at January 17, 2026, 3:56 AM CT
Real Estate IDX Powered by iHomefinder