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  2. Location
  3. Interior
  4. Exterior
  5. Property
  6. Schools
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Status: Pending

202 Morgan Ln 
Franklin, TX 77856

$175,000

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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.
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Bedrooms
2
Baths
1
House Size
1,004 sqft
Year Built
1920
Lot Size
0.1 ac
School District
Franklin ISD

Location

Market Insights

In the last 30 days, homes for sale in 77856, Franklin, TX were on the market for a median of 16 days and 0% of homes sold above list price.

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Interior Information

appliances
Electric Water Heater
None
cooling
Ceiling Fan(s)
Central Air
Electric
flooring
Carpet
Laminate
heating
Central
Natural Gas
laundry features
Electric Dryer Hookup
Washer Hookup

Exterior Information

fence
Partial
patio and porch
Covered
Front Porch
roof
Composition

Property Information

accessibility
Accessible Entrance
Accessible Approach With Ramp
architectural style
Early American
Traditional
Victorian
construction
Wood Siding
foundation
Pillar/post/pier
lot
Corner Lot
Few Trees
parking
On Street
Open
sewer
Public Sewer
subdivision name
Franklin
utilities
Cable Available
Natural Gas Available
Phone Available
water source
Public
  • Listed By Megan Cox
  • (940) 864-2411
  • Rike Real Estate, LLC
  • (940) 864-2411
  • megan@rikerealestate.com
  • MLS 20911447

Monthly Payments Calculator

Estimated Monthly Cost

$1,268

30 year fixed·6.9% interest rate
Principal & Interest
$922
Property Taxes
$146
Home Insurance
$200
HOA Fees
$0
%

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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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