951 W Elm Street
Stephenville, TX 76401
Listing courtesy of Wesley Skalak, Rutledge Realty Group, LLC
About this home
Whether you're looking to expand your investment portfolio or secure housing for a college student, this well-maintained, income-producing 6-bedroom, 4-bath duplex is an exceptional opportunity. Conveniently located just 0.6 miles from Tarleton State University, this property is ideally positioned to benefit from the university's continued growth and the area's strong rental demand. Each unit offers excellent income potential, making it a smart investment for both seasoned and first-time investors. Parents of Tarleton students can use 1 unit while renting the other to help offset housing expenses. The property also features a fully fenced backyard, providing a private, pet-friendly outdoor space that's perfect for relaxing, or enjoying time outside. With its prime location, proven income potential, and versatile living options, this duplex is an outstanding investment in a thriving college community.
Schools
- Elementary
- Chamberlai
- Middle
- Stephenvil
- High
- Stephenvil
School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.
Property details
- MLS #
- 21321305
- Property Type
- Residential
- Status
- Active
- County
- Erath
- Subdivision
- Frey Add 02
- Lot Size
- 9,496.08 sqft
- HOA Dues
- None
- Annual Taxes
- $5,134
- Days on Market
- New (1 day)
- Listed
- Jul 3, 2026
- Price per Sqft
- $160
Estimate your monthly payment
Estimate only, not a loan offer. Taxes, insurance, and HOA are approximate.
- Principal & interest
- $1,836
- Property taxes
- $428
- Homeowner's insurance (est.)
- $101
Based on a 30-year fixed loan. Talk to a lender for an accurate quote.
Similar homes nearby
See all in Stephenville→
Listing courtesy of Eric Hayden, Ebby Halliday Realtors
Listing courtesy of Tanner Hodgkins, NextHome LoneStar Living
Listing courtesy of Tanner Hodgkins, NextHome LoneStar Living