1391 N Paddock Street, Stephenville, TX 76401

• 6 beds |
• 2 baths |
• 1,639 sqft

Property Description

Excellent investment opportunity in the heart of Stephenville, just minutes from Tarleton State University. This well-maintained duplex features two spacious units, each offering 3 bedrooms and 1 bathroom—an ideal layout for student housing. The property is currently 100% leased, providing immediate and stable cash flow. Unit A is leased at $1,500 per month through June 30, 2026, and Unit B is leased at $1,400 per month through July 31, 2026. Located in a high-demand rental area popular with Tarleton students, this property benefits from consistent occupancy and strong rental demand. Its proximity to campus, combined with functional floor plans and reliable tenancy, makes it a turnkey addition to any investor’s portfolio. Don’t miss this opportunity to own a performing asset in one of Stephenville’s most sought-after rental locations.

Listing Status:

Active

Data Last Updated:

May 21, 2026 at 3:18AM

Listing Office:

Ebby Halliday Realtors : (254) 965-7653

Listing Agent:

Eric Hayden :

MLS ID:

21242182

Interior

• General: Built-in FeaturesDecorative/Designer Lighting FixturesTile CountersCable TV
• Appliances: Electric Range
• Flooring: TileVinylWood
• A/C: Ceiling Fan(s)ElectricOtherWall Unit(s)
• Heating: ElectricOther
• Fireplace: Fireplaces: 0

Exterior

• General: Other
• Pool: None
• Parking: Attached CarportAdditional ParkingCoveredCarportDrivewayOn SiteOutsideParking spaces: 4

Construction

• Roofing: Metal
• Windows: Window Coverings
• General: Brick1Slab

Location

• Originating MLS: NTR
• School District: Stephenville ISD
• County: Erath

Lot

• Zoning: S3200 CROW STYLES ADDITION BLOCK 12 LOT 1B &R000031157
• Fencing: Chain LinkPrivacyWood

Utilities

• Utilities: Sewer AvailableWater AvailableCable Available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: NTR