$950,000

1450 Lincoln Drive, Stephenville, TX 76401

  • 11 beds |
  • 6 baths |
  • 4,360 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1987
  • Property Lot Size Icon5acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $218/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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.

Listing Status:
Active
Data Last Updated:
July 6, 2026 at 5:21PM
Listing Office:
Ebby Halliday Realtors : (254) 965-7653
Listing Agent:
Brittany Elkins :
MLS ID:
21266459
  • General: Decorative/Designer Lighting FixturesEat-in Kitchen
  • Appliances: DryerElectric OvenElectric RangeGas CooktopRefrigeratorWasher
  • Flooring: ConcreteLuxury Vinyl PlankOtherVinyl
  • A/C: Central AirCeiling Fan(s)
  • Heating: CentralElectric
  • Fireplace: DecorativeOtherWood BurningFireplaceFireplaces: 1
  • General: DeckOther
  • Pool: None
  • Parking: CommonCarportOn SiteParking spaces: 6
  • Roofing: MetalShingle
  • General: Other1Pillar/Post/PierSlab
  • Originating MLS: NTR
  • School District: Stephenville ISD
  • County: Erath
  • Zoning: ACRES: 5.000 S6410 SPRINGFIELD PARK; LOT 11;R000044390
  • Fencing: Back YardChain LinkOtherWood
  • Utilities: Septic AvailableWater Available
  • Water: PrivateWell
  • Sewer: Septic Tank
  • Source: NTR
  • Exclusions: All personal items for the tenants

This listing courtesy of Brittany Elkins , Ebby Halliday Realtors

Monthly Payment

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

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