$650,000

1425, 1435, 420 Groesbeck & Lillian, Stephenville, TX 76401

  • 9 beds |
  • 3 baths |
  • 3,580 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon0.91acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $182/sqft
  • Property List Date Icon Listed 4 days ago

Property Description

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!

Listing Status:
Active
Data Last Updated:
February 16, 2026 at 11:20PM
Listing Office:
Ebby Halliday Realtors : (254) 965-7653
Listing Agent:
Eric Hayden :
MLS ID:
21174858
  • General: Eat-in KitchenHigh Speed InternetCable TV
  • Appliances: DishwasherElectric RangeElectric Water HeaterDisposalGas Water Heater
  • Flooring: CarpetLaminateTileWood
  • A/C: Central AirCeiling Fan(s)Electric
  • Heating: CentralElectric
  • General: Fire PitStorage
  • Pool: None
  • Parking: DrivewayGravelOn SiteOutsideOn StreetParking spaces: 3
  • Roofing: CompositionMetal
  • Windows: Window Coverings
  • General: Wood Siding1Pillar/Post/Pier
  • Originating MLS: NTR
  • School District: Stephenville ISD
  • County: Erath
  • Zoning: R000033651
  • Fencing: Chain LinkFencedOtherPrivacyWood
  • Utilities: Sewer AvailableWater AvailableCable Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: NTR

This listing courtesy of Eric Hayden , Ebby Halliday Realtors

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Central Elementary School

780 W Washington St, Stephenville, TX, 76401

Grades PK-KG

0.60 miles away

H

Henderson Jr High School

2798 W Frey St, Stephenville, TX, 76401

Grades 7-8

1.56 miles away

S

Stephenville High School

2650 W Overhill Dr, Stephenville, TX, 76401

Grades 9-12

1.51 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.