1450 Lincoln Drive, Stephenville, TX 76401
Local realty services provided by:CENTURY 21 Elite
Listed by: brittany elkins
Office: ebby halliday realtors
MLS#:21266459
Source:GDAR
Price summary
- Price:$950,000
- Price per sq. ft.:$217.89
About this home
CASH FLOW TODAY, EXPANSION TOMORROW!!! Turnkey Investment Property with Expansion Potential on 5 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. In addition, the property includes a fully remodeled manufactured home with 3 bedrooms, 2 baths, screened porch and its own fenced yard, ideal as an owner’s residence, rental, or guest space.
Outside amenities include a 6-stall barn, arena, loafing sheds, and room to expand with more facilities or even an additional quadplex. This property has maintained occupancy, has a new well for the quadplex units, and is income producing perfect for your investment portfolio.
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Home facts
- Year built:1987
- Subdivision & Development:Springfield Park #11
- Listing ID #:21266459
- Added:166 day(s) ago
- Updated:October 26, 2026 at 12:06 PM
Rooms and interior
- Bedrooms:11
- Total bathrooms:6
- Full bathrooms:6
- Flooring:Concrete, Luxury Vinyl Plank, Vinyl
- Kitchen Description:Electric Oven, Electric Range, Gas Cooktop, Refrigerator
- Living area:4,360 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Metal
- Year built:1987
- Building area:4,360 sq. ft.
- Lot area:5 Acres
- Lot Features:Acreage, Cleared, Few Trees
- Foundation Description:Pillar Post Pier, Slab
- Levels:1 Story
Schools
- High school:Stephenvil
- Middle school:Gilbert,Stephenvil
- Elementary school:Central
Utilities
- Water:Well
Finances and disclosures
- Price:$950,000
- Price per sq. ft.:$217.89
- Tax amount:$9,737
Features and amenities
- Appliances:Dryer, Electric Oven, Electric Range, Gas Cooktop, Refrigerator, Washer
- Laundry features:Dryer, Washer
Parking
- Total parking spaces:6
- Carport spaces:2
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