
Status: Pending
202 Morgan Ln
Franklin, TX 77856
$175,000
------/mo*
CalculateLocated 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.
Read more- 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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Start TourInterior 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
*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.