$999,000

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 $229/sqft
  • Property List Date Icon Listed 8 months 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
Listing Office:
Ebby Halliday Realtors : (254) 965-7653
Listing Agent:
Brittany Elkins :
MLS ID:
20913268
  • 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
  • Windows: Window Coverings
  • 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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Location

Schools Nearby

C

Central Elementary School

780 W Washington St, Stephenville, TX, 76401

Grades PK-KG

2.79 miles away

H

Henderson Jr High School

2798 W Frey St, Stephenville, TX, 76401

Grades 7-8

3.02 miles away

S

Stephenville High School

2650 W Overhill Dr, Stephenville, TX, 76401

Grades 9-12

3.36 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.