1425-1435 GROESBECK STREET, STEPHENVILLE, TX 76401
Homes for sale in Stephenville.
Homes for sale in 76401.
List Price$450,000
1425-1435 Groesbeck Street
Stephenville, TX 76401
Listing #21253345
About This Property
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!
Property Features
Location Information
County
Erath
Subdivision
SOUTH SIDE ADDITION
Interior Features
Interior
Built-in Features, High Speed Internet, Cable TV
Cooling
Central Air, Ceiling Fan(s), Electric
Full Baths
2
Floors
Carpet, Laminate, Wood
Has Fireplace
No
Appliances
Gas Range
Number of Fireplaces
0
Total Number of Units
2
Heating
Central, Electric
Exterior Features
Stories
1
Pool Description
None
Construction
Vinyl Siding, Wood Siding
Lot Description
Back Yard, Cleared, Interior Lot, Lawn, Few Trees
Exterior
Storage
Lot Size in Acres
0.688
Foundation
Pillar/Post/Pier
Lot Size in Sq. Ft.
29,969
Roof
Composition
Buildings
2
Utilities
Sewer Available, Water Available, Cable Available
Building Total Area (Sq. Ft.)
2,416
Parking Description
Driveway, On Site, On Street
Is One Story
Yes
Garage Spaces
0
Lot Description
Back Yard, Cleared, Interior Lot, Lawn, Few Trees
Fencing
Chain Link, Privacy
Windows Description
Window Coverings
Patio / Deck Description
Covered
School
Elementary School District
Stephenville ISD
Jr. High School
Gilbert
Elementary School
Chamberlai
High School
Stephenvil
Additional Information
Year Built Details
Preowned
Has a Home Owners Association
No
Property Type
RI
Tax Annual Amount
7603.0
Year Built
1954
Documents Available
Aerial
Status
Active
Lot Acres Source
Assessor
Similar Listings
Mortgage Calculator
$2,101
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,621
Monthly Tax
$375
Monthly Insurance
$105
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 August 5, 2026, 12:04 PM CT
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