1450 (A) LINCOLN DRIVE, STEPHENVILLE, TX 76401

Homes for sale in Stephenville.

Homes for sale in 76401.


1450 (A) Lincoln Drive

Stephenville, TX 76401

Active

List Price$675,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21253393

8

Bedrooms

4 full

Bathrooms

3,240

Square Feet

4

Number of Units

Multi-Unit Residential

Type

About This Property

Turnkey Investment Property with Expansion Potential on 3 Acres! Built in 2021, these low-maintenance units combine functionality with a contemporary design featuring four modern quadplex buildings, each offering 2-bedroom, 1-bath units with appliances, stained concrete floors and private fenced backyards--perfect for attracting long-term tenants. Outside if you need room to expand with more facilities or even build another quadplex. This property has maintained occupancy, has a new well for the quadplex units, and is income producing perfect for your investment portfolio.

Property Features

Location Information

County

Erath

Subdivision

Springfield Park #11

Interior Features

Interior

Decorative/Designer Lighting Fixtures, Eat-in Kitchen

Cooling

Central Air, Ceiling Fan(s)

Full Baths

4

Floors

Concrete, Vinyl

Has Fireplace

Yes

Appliances

Dryer, Electric Oven, Electric Range

Number of Fireplaces

1

Total Number of Units

4

Heating

Central, Electric

Exterior Features

Stories

1

Pool Description

None

Construction

Other

Lot Description

Acreage, Cleared, Few Trees

Exterior

Other

Lot Size in Acres

3

Foundation

Pillar/Post/Pier, Slab

Lot Size in Sq. Ft.

130,680

Roof

Metal, Shingle

Buildings

4

Utilities

Septic Available, Water Available

Building Total Area (Sq. Ft.)

3,240

Parking Description

Common, On Site

Is One Story

Yes

Fencing

Back Yard, Other, Wood

Lot Description

Acreage, Cleared, Few Trees

Patio / Deck Description

Front Porch

School

Elementary School District

Stephenville ISD

High School

Stephenvil

Elementary School

Central

Additional Information

Year Built Details

Preowned

Has a Home Owners Association

No

Property Type

RI

Tax Annual Amount

9737.0

Year Built

1987

Exclusions

All personal items for the tenants

Status

Active

Lot Acres Source

Other

Similar Listings

Mortgage Calculator

$3,151

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$2,432

Monthly Tax

$562

Monthly Insurance

$157

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

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