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1450 Lincoln Drive Stephenville, TX $ 999,000
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$ 999,000 Get more info
1450 Lincoln Drive
$ 999,000
Back to search
Share Save

1450 Lincoln Drive

Stephenville, TX, 76401
$ 999,000
Bedrooms11 Baths6.0

Monthly Estimate*

$ 6,232

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Multi-Family Home for sale in Stephenville, TX

for $999,000 with 11 bedrooms and 6 full baths. This home was built in 1987 on a lot size of 5.

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.

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Multi-Family Active

Price

$ 999,000

Bedrooms

11

Full Bath

6

Property Type

Multi-Family

Taxes

$ 9,737

Style

Multiple Single Units

Lot Size

5

Year Built

1987

Town/City

Stephenville

County/Region

Erath

MLS | Web ID

20913268
Features
Interior
Interior Features Decorative Lighting Eat-in Kitchen
Flooring Concrete Luxury Vinyl Plank Other Vinyl
Basement Y/N 0
Occupancy Rate 100
Total Units 5
Half Baths 0
Total Bedrooms 11
Total Baths 6
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General
Heating Central Electric
Complex Name 1450 Lincoln Dr.
Cooling Ceiling Fan(s) Central Air
Utilities Private Water Septic Well
Possession Closing/Funding
Roof Metal Shingle
Appliances Dryer Electric Oven Electric Range Gas Cooktop Refrigerator Washer Other
School District Stephenville ISD
Pool Y/N 0
Exclusions All personal items for the tenants
Year Built 1987
Levels One
Property Subtype Multiple Single Units
Subdivision Name Springfield Park #11
Occupant Type Tenant
County Erath
Property Type Residential Income
Construction Materials Siding Other
Year Built Details Preowned
HOA Type None
Special Notes Aerial Photo Survey Available
# of Buildings 5
Full Baths 6
Status Active
Directions GPS Friendly
City Stephenville
Elementary School Name Central
High School Stephenvil
Elementary School Central
Standard Status Active
Junior High School Stephenvil
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Exterior
Exterior Features Covered Deck Covered Patio/Porch Other
Lot Features Acreage Cleared Few Trees
Fencing Back Yard Chain Link Wood Other
Lot Size Source Other
Parking Features Carport Common On Site
Lot Size 5 to < 10 Acres
Foundation Pillar/Post/Pier Slab
Building Area Total 4360.00
Garage Y/N 0
Attached Garage Y/N 0
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Internal Only
Street Number 1 1450
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* Excluded Features
List By
Brittany Elkins

Listing Agent

Ebby Halliday Realtors

Broker

Affordability Calculator

$7,044
Per Month
88%
12%
0%
Monthly Principal & Interest
$6,232
Monthly Property Taxes
$811
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
285837 Elementary School
3672383 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
4/25/2025 $999,000 Listed Price

Map

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1450 Lincoln Drive, Stephenville, TX, 76401 is a Multi-Family Home for sale at $999,000 with a lot size of 5. 1450 Lincoln Drive has 11 bedrooms, 6.0 baths, and was built in 1987. The property's zip code is 76401 which is in Stephenville, TX

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