$550,000

1435 and 1425 Groesbeck Street, Stephenville, TX 76401

  • 6 beds |
  • 2 baths |
  • 1,380 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1954
  • Property Lot Size Icon0.68acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $399/sqft
  • Property List Date Icon Listed 5 days ago

Property Description

Prime Multi-family investment opportunity! Two home bundle sitting on a combined .68 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 throughout the next year, bringing you immediate rental income from day one. 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, and stable tenants, 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
Listing Office:
Ebby Halliday Realtors : (254) 965-7653
Listing Agent:
Eric Hayden :
MLS ID:
21091584
  • General: Built-in FeaturesHigh Speed InternetCable TV
  • Appliances: Gas Range
  • Flooring: CarpetLaminateWood
  • A/C: Central AirCeiling Fan(s)Electric
  • Heating: CentralElectric
  • Fireplace: Fireplaces: 0
  • General: Storage
  • Pool: None
  • Parking: DrivewayOn StreetParking spaces: 4
  • Roofing: Composition
  • Windows: Window Coverings
  • General: Vinyl SidingWood Siding1Pillar/Post/Pier
  • Originating MLS: NTR
  • School District: Stephenville ISD
  • County: Erath
  • Zoning: R000033650
  • Fencing: Chain LinkPrivacy
  • 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

0.61 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

1.52 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.