Redfin is joining Rocket

Discover how we're simplifying your journey home.

$175,000

202 E Morgan St Franklin, TX 77856

2 beds
1 full
1,004 sqft
0.10 acres
$174 / sqft
House

Property details

About 202 E Morgan St

Located on the bustling square in charming Franklin, Texas, this versatile property offers incredible potential for either residential or commercial use. Currently operating as a stylish and modern hair salon, the space is thoughtfully designed and well-maintained, making it an ideal turnkey opportunity for a salon owner. However, with minimal modification, the layout could easily be transformed into a two-bedroom, one-bathroom home, retail shop, or professional office. Situated just steps from the courthouse and within close proximity to busy intersections, schools, and churches, the location is unbeatable for foot traffic and visibility. Whether you're looking to establish a business, create a cozy downtown residence, or invest in a high-traffic area, this property offers endless possibilities in the heart of Franklin.

Highlights

Home typeSingle Family Residence
HeatingCentral, Natural Gas
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Size1,004 sqft
Lot size0.098 Acres
Year built1920
ParkingOpen, On Street
MLS #20911447

Virtual tour

Summary

  • Full Bathrooms: 1
  • Appliances: Electric Water Heater
  • Basement: No
  • Flooring Type: Carpet, Laminate
  • Interior: Cable TV
  • Total Bedroom Count: 2
  • Parking: Open, On Street
  • Architectural Style: Early American, Traditional, Victorian, Detached
  • Heating: Central, Natural Gas
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • List Price: $175,000
  • Price/SqFt: $174
  • Lot: Back Yard, Corner Lot, Lawn, Few Trees
  • Directions: GPS friendly and a sign is present.
  • Year Built: 1920
  • Living Area: 1,004 SqFt
  • Lot Size: 0.098 Acres
  • MLS Number: 20911447
  • MLS Name: NTR
  • Office Name: Rike Real Estate, LLC
  • Office Phone: (940) 864-2411
  • Listing Agent: Megan Cox

IDX ©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Service

Last updated on: 7/16/2025, 5:45:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

10

Roland Reynolds Elementary School

Public District PK-4

0.2 mi

317 N Owensville

1

Hearne Elementary School

Public Charter PK-6

12.8 mi

1210 Hackberry St

7

Bremond Elementary School

Public District PK-5

15.2 mi

601 W Collins St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $43,036. Most Franklin, TX residents have annual incomes between $35k-100k. Most families are single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

43%
<35k
45%
35k-100k
10%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

34%
Single, No Kids
14%
Single, with Kids
24%
Married, No Kids
28%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
8%
12-17 yrs old
21%
18-34 yrs old
35%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • Pro WrestlingPro Wrestling
  • Monster TrucksMonster Trucks

Where do the neighbors shop?

  • Bass Pro ShopsBass Pro Shops
  • Wal-MartWal-Mart
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • GMCGMC
  • DodgeDodge
  • ChevroletChevrolet

What do the neighbors listen to?

  • Classic CountryClassic Country
  • CountryCountry
  • New CountryNew Country
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 202 E Morgan St

The listing price of 202 E Morgan St property is $175,000.

The property 202 E Morgan St is a house located in Franklin, Texas, 77856.

Active Listing: 202 E Morgan St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 202 E Morgan St are: Roland Reynolds Elementary School (GreatSchools Rating 10/10), Hearne Elementary School (GreatSchools Rating 1/10), Bremond Elementary School (GreatSchools Rating 7/10), Franklin Middle School (GreatSchools Rating 9/10), Bremond Middle School (GreatSchools Rating 5/10), Normangee Middle School (GreatSchools Rating 6/10), Franklin High School (GreatSchools Rating 6/10), Calvert School (GreatSchools Rating 2/10), Hearne High School (GreatSchools Rating 2/10).

The property at 202 E Morgan St has 2 bedrooms and 1 bathroom.

The property 202 E Morgan St is 1,004 SqFt (source: MLS/tax record).

The year of construction for 202 E Morgan St is 1920.

This home is located at 202 E Morgan St in Franklin, TX and zip code 77856. This 1,004 square foot home, which was built in 1920, sits on a 0.10 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 15, 2025 and is currently priced at $175,000.

In June 2025, from all listings sold in Franklin, TX there were more than 0 sold above asking price, over 4 sold below and more than 0 were sold right at the asked price. The inventory of homes for sale in Franklin, TX between May and June 2025 increased by 7.1%. In June 2025 median list price was $488,250 and the average listing age was 127 days.

From Rocket Homes Real Estate and based on county public records data.

More resources