1425-1435 Groesbeck Street
Stephenville, TX 76401
Listing courtesy of Eric Hayden, Ebby Halliday Realtors
About this home
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!
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 #
- 21253345
- Property Type
- Multi-Family / Income
- Status
- For Sale
- County
- Erath
- Subdivision
- SOUTH SIDE ADDITION
- Lot Size
- 29,969.28 sqft
- HOA Dues
- None
- Annual Taxes
- $7,603
- Days on Market
- 113 days
- Listed
- Apr 30, 2026
- Price per Sqft
- $176
Estimate your monthly payment
Estimate only, not a loan offer. Taxes, insurance, and HOA are approximate.
- Principal & interest
- $2,262
- Property taxes
- $634
- Homeowner's insurance (est.)
- $124
Based on a 30-year fixed loan. For an accurate quote, call or text us at (817) 674-0754 and we'll connect you with a trusted local lender.
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