1425-1435 Groesbeck Street, Stephenville, TX 76401

• 6 beds |
• 2 baths |
• 2,416 sqft

Property Description

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!

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:

21253345

Interior

• General: Built-in FeaturesHigh Speed InternetCable TV
• Appliances: Gas Range
• Flooring: CarpetLaminateWood
• A/C: Central AirCeiling Fan(s)Electric
• Heating: CentralElectric
• Fireplace: Fireplaces: 0

Exterior

• General: Storage
• Pool: None
• Parking: DrivewayOn SiteOn StreetParking spaces: 4

Construction

• Roofing: Composition
• Windows: Window Coverings
• General: Vinyl SidingWood Siding1Pillar/Post/Pier

Location

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

Lot

• Zoning: Acres 0.401S6200 SOUTH SIDE ADDITIONBLOCK 22;R000033650
• Fencing: Chain LinkPrivacy

Utilities

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

Financial

• Source: NTR