1391 N PADDOCK STREET, STEPHENVILLE, TX 76401
Homes for sale in Stephenville.
Homes for sale in 76401.
1391 N Paddock Street
Stephenville, TX 76401
List Price$375,000
Listing #21242182
About This Property
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.
Property Features
Location Information
County
Erath
Subdivision
Crow Styles Add
Interior Features
Interior
Built-in Features, Decorative/Designer Lighting Fixtures, Tile Counters, Cable TV
Cooling
Ceiling Fan(s), Electric, Other, Wall Unit(s)
Full Baths
2
Floors
Tile, Vinyl, Wood
Has Fireplace
No
Appliances
Electric Range
Number of Fireplaces
0
Total Number of Units
2
Heating
Electric, Other
Exterior Features
Stories
1
Pool Description
None
Construction
Brick
Lot Description
Back Yard, Corner Lot, Lawn, Few Trees
Exterior
Other
Lot Size in Acres
0.17
Foundation
Slab
Lot Size in Sq. Ft.
7,405
Roof
Metal
Buildings
1
Utilities
Sewer Available, Water Available, Cable Available
Building Total Area (Sq. Ft.)
1,639
Parking Description
Attached Carport, Additional Parking, Covered, Carport, Driveway, On Site, Outside
Is One Story
Yes
Garage Spaces
2
Lot Description
Back Yard, Corner Lot, Lawn, Few Trees
Fencing
Chain Link, Privacy, Wood
Windows Description
Window Coverings
School
Elementary School District
Stephenville ISD
High School
Stephenvil
Elementary School
Chamberlai
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
RI
Has a Home Owners Association
No
Property SubType
Duplex
Tax Annual Amount
4077.0
Year Built
1930
Similar Listings
Mortgage Calculator
$1,750
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,351
Monthly Tax
$312
Monthly Insurance
$87
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing courtesy of
Eric Hayden, Ebby Halliday Realtors
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NTREIS - North Texas data last updated at April 29, 2026, 1:24 PM CT
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