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1425-1435 Groesbeck Street, Stephenville, TX 76401

Stephenville
Local realty services provided by:CENTURY 21 Elite
1425-1435 Groesbeck Street,Stephenville, TX 76401
$499,000
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  • 6 Beds
  • 2 Baths
  • 2,416 sq. ft.
  • Multi-family
  • Active
Listed by: eric hayden
Office: ebby halliday realtors
MLS#:21253345
Source:GDAR

Price summary

  • Price:$499,000
  • Price per sq. ft.:$206.54

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!

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Home facts

  • Year built:1954
  • Listing ID #:21253345
  • Added:53 day(s) ago
  • Updated:June 23, 2026 at 11:49 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Carpet, Laminate, Wood
  • Kitchen Description:Gas Range
  • Living area:2,416 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans, Central Air, Electric
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:1954
  • Building area:2,416 sq. ft.
  • Lot area:0.69 Acres
  • Lot Features:Cleared, Few Trees, Interior Lot, Lawn
  • Construction Materials:Vinyl Siding, Wood Siding
  • Foundation Description:Pillar Post Pier
  • Levels:1 Story

Schools

  • High school:Stephenvil
  • Elementary school:Chamberlai

Finances and disclosures

  • Price:$499,000
  • Price per sq. ft.:$206.54
  • Tax amount:$7,603

Features and amenities

  • Appliances:Gas Range
  • Amenities:Window Coverings

Parking

  • Total parking spaces:4
MLS LogoInformation provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated June 23, 2026 Listings with the NTREIS logo are listed by brokerages other than CENTURY 21 Elite. GDAR Member Broker: Mike Salter

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