1450 Lincoln Drive, Stephenville, TX 76401

Stephenville
Local realty services provided by:ERA Newlin & Company
1450 Lincoln Drive,Stephenville, TX 76401
$950,000
Virtual Tour
  • 11 Beds
  • 6 Baths
  • 4,360 sq. ft.
  • Multi-family
  • Active
Listed by: brittany elkins
Office: ebby halliday realtors
MLS#:21266459
Source:GDAR

Price summary

  • Price:$950,000
  • Price per sq. ft.:$217.89

About this home

CASH FLOW TODAY, EXPANSION TOMORROW!!! Turnkey Investment Property with Expansion Potential on 5 Acres! Built in 2021, these low-maintenance units combine functionality with a contemporary design featuring four modern quadplex buildings, each offering 2-bedroom, 1-bath units with appliances, stained concrete floors and private fenced backyards—perfect for attracting long-term tenants. In addition, the property includes a fully remodeled manufactured home with 3 bedrooms, 2 baths, screened porch and its own fenced yard, ideal as an owner’s residence, rental, or guest space. Outside amenities include a 6-stall barn, arena, loafing sheds, and room to expand with more facilities or even an additional quadplex. This property has maintained occupancy, has a new well for the quadplex units, and is income producing perfect for your investment portfolio.

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Home facts

  • Year built:1987
  • Subdivision & Development:Springfield Park #11
  • Listing ID #:21266459
  • Added:141 day(s) ago
  • Updated:October 01, 2026 at 01:11 PM

Rooms and interior

  • Bedrooms:11
  • Total bathrooms:6
  • Full bathrooms:6
  • Flooring:Concrete, Luxury Vinyl Plank, Vinyl
  • Kitchen Description:Electric Oven, Electric Range, Gas Cooktop, Refrigerator
  • Living area:4,360 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans, Central Air
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Metal
  • Year built:1987
  • Building area:4,360 sq. ft.
  • Lot area:5 Acres
  • Lot Features:Acreage, Cleared, Few Trees
  • Foundation Description:Pillar Post Pier, Slab
  • Levels:1 Story

Schools

  • High school:Stephenvil
  • Middle school:Gilbert,Stephenvil
  • Elementary school:Central

Utilities

  • Water:Well

Finances and disclosures

  • Price:$950,000
  • Price per sq. ft.:$217.89
  • Tax amount:$9,737

Features and amenities

  • Appliances:Dryer, Electric Oven, Electric Range, Gas Cooktop, Refrigerator, Washer
  • Laundry features:Dryer, Washer

Parking

  • Total parking spaces:6
  • Carport spaces:2
MLS LogoInformation provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated October 1, 2026 Listings with the NTREIS logo are listed by brokerages other than ERA Newlin & Company.

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