1425-1435 Groesbeck Street, Stephenville, TX 76401
Local realty services provided by:ERA Newlin & Company
Listed by: eric hayden
Office: ebby halliday realtors
MLS#:21253345
Source:GDAR
Price summary
- Price:$450,000
- Price per sq. ft.:$186.26
About this home
Prime Multi-family investment opportunity! Two home bundle sitting on a combined .69 acre lot if replatted, and already zoned R-3. Unlock the perfect blend of steady cash flow and long-term development potential with this rare two home bundle! Both homes feature three bedrooms and 1 full bathroom, and are tenant occupied. Replat and build a multi-family complex while collecting rental income during the planning phase! You'll appreciate the solid location just minutes from the ever growing Tarleton State University. With increasing rental demand, you can rest assured your investment delivers versatility and value. Whether you're looking to expand your rental portfolio or break ground on your next development, you'll want to see this one. Schedule your showing today!
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Home facts
- Year built:1954
- Subdivision & Development:SOUTH SIDE ADDITION
- Listing ID #:21253345
- Added:104 day(s) ago
- Updated:August 13, 2026 at 11:47 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Carpet, Laminate, Wood
- Kitchen Description:Gas Range
- Living area:2,416 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air, Electric
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1954
- Building area:2,416 sq. ft.
- Lot area:0.69 Acres
- Lot Features:Cleared, Few Trees, Interior Lot, Lawn
- Construction Materials:Vinyl Siding, Wood Siding
- Foundation Description:Pillar Post Pier
- Levels:1 Story
Schools
- High school:Stephenvil
- Middle school:Gilbert,Stephenvil
- Elementary school:Chamberlai
Finances and disclosures
- Price:$450,000
- Price per sq. ft.:$186.26
- Tax amount:$7,603
Features and amenities
- Appliances:Gas Range
- Amenities:Window Coverings
Parking
- Total parking spaces:4
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