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1425-1435 Groesbeck Street , Stephenville, TX 76401

$499,000
  • 1425-1435 Groesbeck Street , Stephenville, TX 76401 Main Photo

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Active
BEDS6 BATHS2 full SQUARE FEET2,416 MLS#21253345
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONSOUTH SIDE ADDITION SCHOOLStephenville ISD

Property Description

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!

1425-1435 Groesbeck Street | MLS# 21253345

This multi-family property located at 1425-1435 Groesbeck Street , Stephenville, TX 76401 is currently listed for sale with an asking price of $499,000. 1425-1435 Groesbeck Street is located within the Stephenville ISD school district. Search Stephenville real estate on baileygonzales.kellyrealtors.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Ceiling Fan(s), Central Air, Electric
Heating: Central, Electric
Lot Size: 0.69 Acres
Roof Type: Composition
Year Built: 1954

Amenities

Built-in Features
Cable TV Available
High Speed Internet Available
Covered Patio/Porch
Storage

Feature Descriptions

Appliances: Gas Range
Days on Site: 19
Exterior: Siding, Vinyl Siding, Wood
Fencing: Chain Link, Privacy
Flooring: Carpet, Laminate, Wood
Lot: Cleared, Few Trees, Interior Lot, Lrg. Backyard Grass
Parcel#: R000033650
Parking: Driveway, On Site, On Street
Parking Notes: Driveway, On Site, On Street
Units: 2
Utilities: City Sewer, City Water
Window: Window Coverings

Local Schools

Elementary School: Chamberlai
School District: Stephenville ISD

Listed By / Shown By

Listed By

Agency Name: Ebby Halliday Realtors
Agency Contact: (254) 965-7653
Agent Name: Eric Hayden

agent picture

Shown By

Agent Name: Bailey Gonzales
Agent Phone: (979) 220-6587
Agency Title: Kelly, Realtors

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Estimated Payment

$ 1,256.10 per month $1,110.56 Principal & Interest $0.00 Property Tax (data not provided by mls) $145.54 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/20/2026. The listing information on this page last changed on 05/20/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 05/20/2026 12:27:07 AM EST) or NTREIS (last updated Tue 05/19/2026 11:48:37 PM EST) or SABOR MLS (last updated Tue 05/19/2026 11:52:12 PM EST) or CTXMLS (last updated Tue 05/19/2026 11:34:25 PM EST). Real estate listings held by brokerage firms other than Kelly, Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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