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1391 N Paddock Street Stephenville, TX $ 375,000
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1391 N Paddock Street
$ 375,000
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1391 N Paddock Street

Stephenville, TX, 76401
$ 375,000
Bedrooms6 Baths2.0

Monthly Estimate*

$ 2,309

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Multi-Family Home for sale in Stephenville, TX

for $375,000 with 6 bedrooms and 2 full baths. This home was built in 1930 on a lot size of 0.17.

Excellent investment opportunity in the heart of Stephenville, just minutes from Tarleton State University. This well-maintained duplex features two spacious units, each offering 3 bedrooms and 1 bathroom—an ideal layout for student housing. The property is currently 100% leased, providing immediate and stable cash flow. Unit A is leased at $1,500 per month through June 30, 2026, and Unit B is leased at $1,400 per month through July 31, 2026. Located in a high-demand rental area popular with Tarleton students, this property benefits from consistent occupancy and strong rental demand. Its proximity to campus, combined with functional floor plans and reliable tenancy, makes it a turnkey addition to any investor’s portfolio. Don’t miss this opportunity to own a performing asset in one of Stephenville’s most sought-after rental locations.

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Multi-Family Active

Price

$ 375,000

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,077

Style

Duplex

Lot Size

0.17

Year Built

1930

Town/City

Stephenville

County/Region

Erath

MLS | Web ID

21242182
Features
Interior
Interior Features Built-in Features Cable TV Available Decorative Lighting Tile Counters
Flooring Tile Vinyl Wood
Occupancy Rate 100
Total Units 2
Half Baths 0
Total Bedrooms 6
Total Baths 2
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General
Heating Electric Other
Complex Name None
Cooling Ceiling Fan(s) Electric Wall Unit(s) Other
Utilities City Sewer City Water
Possession Closing/Funding
Roof Metal
Appliances Electric Range
School District Stephenville ISD
Pool Y/N 0
Year Built 1930
Levels One
Property Subtype Duplex
Subdivision Name Crow Styles Add
Occupant Type Tenant
County Erath
Property Type Residential Income
Construction Materials Brick Siding
Year Built Details Preowned
Accessory Unit Y/N N
HOA Type None
# of Buildings 1
Full Baths 2
Status Active
Directions GPS Friendly SOP
City Stephenville
Elementary School Name Chamberlai
High School Stephenvil
Elementary School Chamberlai
Standard Status Active
Junior High School Stephenvil
Listing Terms Cash Conventional
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Exterior
Waterfront 0
Exterior Features Other
Lot Features Corner Lot Few Trees Lrg. Backyard Grass
Fencing Chain Link Privacy Wood
Parking Features Additional Parking Attached Carport Carport Covered Driveway On Site Outside
Foundation Slab
Building Area Total 1639.00
Garage Y/N 0
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Internal Only
Street Number 1 1391
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* Excluded Features
List By
Eric Hayden

Listing Agent

Ebby Halliday Realtors

Broker

Affordability Calculator

$2,649
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,309
Monthly Property Taxes
$340
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
287959 Elementary School
3672383 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/21/2026$375,000 Listed Price

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1391 N Paddock Street, Stephenville, TX, 76401 is a Multi-Family Home for sale at $375,000 with a lot size of 0.17. 1391 N Paddock Street has 6 bedrooms, 2.0 baths, and was built in 1930. The property's zip code is 76401 which is in Stephenville, TX

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