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1425-1435 Groesbeck Street Stephenville, TX $ 499,000
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1425-1435 Groesbeck Street
$ 499,000
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1425-1435 Groesbeck Street

Stephenville, TX, 76401
$ 499,000
Bedrooms6 Baths2.0 Sq 2,416

Monthly Estimate*

$ 3,072

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Multi-Family Home for sale in Stephenville, TX

for $499,000 with 6 bedrooms and 2 full baths. This 2,416 square foot home was built in 1954 on a lot size of 0.688.

Prime Multi-family investment opportunity! Two home bundle sitting on a combined .69 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. 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, 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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Multi-Family Active

Price

$ 499,000

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 7,603

Style

Multiple Single Units

Lot Size

0.688

Year Built

1954

Town/City

Stephenville

County/Region

Erath

MLS | Web ID

21253345
Features
Interior
Interior Features Built-in Features Cable TV Available High Speed Internet Available
Flooring Carpet Laminate Wood
Basement Y/N 0
Occupancy Rate 100
Total Units 2
Half Baths 0
Total Bedrooms 6
Total Baths 2
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General
Heating Central Electric
Complex Name N/A
Cooling Ceiling Fan(s) Central Air Electric
Utilities City Sewer City Water
Possession Lease Outstanding
Roof Composition
Appliances Gas Range
Number of Garage Spaces 0
School District Stephenville ISD
Pool Y/N 0
Year Built 1954
Levels One
Property Subtype Multiple Single Units
Subdivision Name SOUTH SIDE ADDITION
Occupant Type Tenant
County Erath
Property Type Residential Income
Construction Materials Siding Vinyl Siding Wood
Year Built Details Preowned
Accessory Unit Y/N N
HOA Type None
Special Notes Aerial Photo
# of Buildings 2
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 Covered Patio/Porch Storage
Lot Features Cleared Few Trees Interior Lot Lrg. Backyard Grass
Fencing Chain Link Privacy
Lot Size Source Assessor
Parking Features Driveway On Site On Street
Lot Size .5 to < 1 Acre
Foundation Pillar/Post/Pier
Building Area Total 2416.00
Garage Y/N 0
Attached Garage Y/N 0
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Internal Only
Street Number 1 1425
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* Excluded Features
List By
Eric Hayden

Listing Agent

Ebby Halliday Realtors

Broker

Affordability Calculator

$3,706
Per Month
83%
17%
0%
Monthly Principal & Interest
$3,072
Monthly Property Taxes
$634
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
Date Price Price Change Description
4/30/2026 $499,000 Listed Price

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1425-1435 Groesbeck Street, Stephenville, TX, 76401 is a Multi-Family Home for sale at $499,000 with 2,416 sqft and a lot size of 0.688. 1425-1435 Groesbeck Street has 6 bedrooms, 2.0 baths, and was built in 1954. The property's zip code is 76401 which is in Stephenville, TX

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