1391 N Paddock Street
Stephenville, TX 76401
Listing courtesy of Eric Hayden, Ebby Halliday Realtors
About this home
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.
Schools
- Elementary
- Chamberlai
- Middle
- Gilbert,Stephenvil
- High
- Stephenvil
School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.
Property details
- MLS #
- 21242182
- Property Type
- ResidentialIncome
- Status
- Active
- County
- Erath
- Subdivision
- Crow Styles Add
- Lot Size
- 7,405.2 sqft
- HOA Dues
- None
- Annual Taxes
- $4,077
- Days on Market
- 50 days
- Listed
- Apr 21, 2026
- Price per Sqft
- —
Estimate your monthly payment
Estimate only, not a loan offer. Taxes, insurance, and HOA are approximate.
- Principal & interest
- $1,943
- Property taxes
- $340
- Homeowner's insurance (est.)
- $106
Based on a 30-year fixed loan. Talk to a lender for an accurate quote.
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Listing courtesy of Eric Hayden, Ebby Halliday Realtors
Listing courtesy of Wesley Skalak, Rutledge Realty Group, LLC
Listing courtesy of Tanner Hodgkins, NextHome LoneStar Living