1435 and 1425 Groesbeck Street, Stephenville, TX 76401
Local realty services provided by:Better Homes and Gardens Real Estate Senter, REALTORS(R)
Listed by: eric hayden(254) 965-7653
Office: ebby halliday realtors
MLS#:21091584
Source:GDAR
Price summary
- Price:$550,000
- Price per sq. ft.:$398.55
About this home
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!
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Home facts
- Year built:1954
- Listing ID #:21091584
- Added:21 day(s) ago
- Updated:November 15, 2025 at 12:19 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,380 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air, Electric
- Heating:Central, Electric
Structure and exterior
- Roof:Composition
- Year built:1954
- Building area:1,380 sq. ft.
- Lot area:0.68 Acres
Schools
- High school:Stephenvil
- Elementary school:Chamberlai
Finances and disclosures
- Price:$550,000
- Price per sq. ft.:$398.55
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