1425 Groesbeck Street, Stephenville, TX 76401
Local realty services provided by:ERA Newlin & Company



Listed by:eric hayden(254) 965-7653
Office:ebby halliday realtors
MLS#:20975651
Source:GDAR
Price summary
- Price:$700,000
- Price per sq. ft.:$195.53
About this home
Investor opportunity: Three House Bundle with Prime Multi-Family potential! Unlock the perfect blend of steady cash flow and long-term development potential with this rare 3-house investment bundle! Each home features three bedrooms, one full bathroom, and is tenant occupied throughout the next year, offering immediate rental income from day one. Located on Groesbeck Street, 1425 and 1435 Groesbeck are already zoned for multi-family and sit on what could be a combined .68 acres if replatted. Replat and build a multi-family complex while collecting rental income during the planning phase. The third home completes this solid investment package in a growing area with increasing rental demand, and stable tenants. Whether you're looking to expand your rental portfolio or break ground on your next development, this package delivers versatility and value. Schedule your showing today!
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Home facts
- Year built:1930
- Listing Id #:20975651
- Added:53 day(s) ago
- Updated:August 09, 2025 at 11:40 AM
Rooms and interior
- Bedrooms:9
- Total bathrooms:3
- Full bathrooms:3
- Living area:3,580 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air, Electric
- Heating:Central, Electric
Structure and exterior
- Roof:Composition, Metal
- Year built:1930
- Building area:3,580 sq. ft.
- Lot area:0.91 Acres
Schools
- High school:Stephenvil
- Elementary school:Chamberlai
Finances and disclosures
- Price:$700,000
- Price per sq. ft.:$195.53
- Tax amount:$10,162
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