1425 GROESBECK STREET, STEPHENVILLE, TX 76401
Homes for sale in Stephenville.
Homes for sale in 76401.
1425 Groesbeck Street
Stephenville, TX 76401
List Price$700,000
Listing #20975651
About This Property
Investor opportunity: Three House Bundle with Prime Multi-Family potential! Unlock the perfect blend of steady cash flow and long-term development potential with this rare 3-house investment bundle! Each home features three bedrooms, one full bathroom, and is tenant occupied throughout the next year, offering immediate rental income from day one. Located on Groesbeck Street, 1425 and 1435 Groesbeck are already zoned for multi-family and sit on what could be a combined .68 acres if replatted. Replat and build a multi-family complex while collecting rental income during the planning phase. The third home completes this solid investment package in a growing area with increasing rental demand, and stable tenants. Whether you're looking to expand your rental portfolio or break ground on your next development, this package delivers versatility and value. Schedule your showing today!
Property Features
Location Information
County
Erath
Subdivision
S6200 SOUTH SIDE ADDITION
Interior Features
Interior
Eat-in Kitchen, High Speed Internet, Cable TV
Cooling
Central Air, Ceiling Fan(s), Electric
Full Baths
3
Floors
Carpet, Laminate, Tile, Wood
Has Fireplace
No
Appliances
Dishwasher, Electric Range, Electric Water Heater, Disposal, Gas Water Heater
Number of Fireplaces
0
Total Number of Units
3
Heating
Central, Electric
Exterior Features
Stories
1
Pool Description
None
Exterior
Fire Pit, Storage
Lot Description
Back Yard, Lawn, Few Trees
Foundation
Pillar/Post/Pier
Lot Size in Acres
0.91
Roof
Composition, Metal
Lot Size in Sq. Ft.
39,639
Water / Sewer
Sewer Available, Water Available, Cable Available
Buildings
3
Utilities
Sewer Available, Water Available, Cable Available
Building Total Area (Sq. Ft.)
3,580
Parking Description
Driveway, Parking Pad, On Street
Is One Story
Yes
Garage Spaces
0
Lot Description
Back Yard, Lawn, Few Trees
Fencing
Chain Link, Privacy, Wood
Windows Description
Window Coverings
Patio / Deck Description
Covered
School
Elementary School District
Stephenville ISD
High School
Stephenvil
Elementary School
Chamberlai
Additional Information
Year Built Details
Preowned
Has a Home Owners Association
No
Property Type
RI
Tax Annual Amount
10162.0
Year Built
1930
Community Features
Curbs
Status
Active
Lot Acres Source
Assessor
Similar Listings
Mortgage Calculator
$3,268
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,522
Monthly Tax
$583
Monthly Insurance
$163
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 November 3, 2025, 11:49 AM CT
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