Land with Home for Sale in Franklin, Texas

3.5 acres with a 2,589 sq ft home just south of Franklin, right on FM 46. This is a hard setup to replace-designed with two distinct living spaces under one roof. It works well for everyday living, a multi-generational home or even rental income. The home was built in 1976 and has been remodeled. The main living area includes two bedrooms, one bathroom, a kitchen, and a living room with a stone fireplace. Built-ins throughout add practical storage without wasted space. The second living area is self-contained with its own kitchen with a large island, living area, built-in desk, one bedroom, and one bathroom. A private back door opens directly to the deck and outdoor living area, making it ideal for guests or rental use. Outside, the property feels private with mature oak trees around the homesite. Cedar Creek runs through the backyard alongside a large deck, gazebo, and stone outdoor fireplace. There is also shop/storage space under the carport. The property fronts FM 46 (paved) with easy access. Located just south of Franklin in Franklin ISD, you're close to town while still enjoying acreage. The layout works well for everyday living, with the flexibility to host guests or create rental income. Call to see it in person and decide how you'd use it.