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1391 N Paddock Street
Stephenville TX 76401 US

$375,000

Active Listing ID 21242182
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6 bed
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2.00 Bath (2 Full)
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Lot: 0.17 Acres
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Other

$375,000

Active Listing ID 21242182
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1391 N Paddock Street Excellent investment opportunity in the heart of Stephenville, just minutes from Tarleton State University. This well-maintained duplex features two spacious units, each offering 3 bedrooms and 1 bathroom-an ideal layout for student housing. The property is currently 100% leased, providing immediate and stable cash flow. Unit A is leased at $1, 500 per month through June 30, 2026, and Unit B is leased at $1, 400 per month through July 31, 2026. Located in a high-demand rental area popular with Tarleton students, this property benefits from consistent occupancy and strong rental demand. Its proximity to campus, combined with functional floor plans and reliable tenancy, makes it a turnkey addition to any investor's portfolio. Don't miss this opportunity to own a performing asset in one of Stephenville's most sought-after rental locations.

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Property Features

  • Facts
  • Lot Size: 0.17 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 2
  • Cooling System: Ceiling Fan(s), Electric, Wall Unit(s)
  • Exterior Finish: Other, Fence
  • Floor Covering: Wood, Tile, Vinyl
  • Roof Type: Metal
  • Heating Fuels: Electric (Heating)

School Information

  • School
  • Chamberlai(Elementary)
  • Stephenvil(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 375000
  • unparsedaddress: 1391 N Paddock Street
  • postalcity: Stephenville
  • stateorprovince: TX
  • country: US
  • postalcode: 76401
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.17
  • lotsizeunits: Acres
  • lotsizearea: 0.17
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 32.228113
  • longitude: -98.212773
  • listagentfullname: Eric Hayden
  • listagentkey: 3yd-NTREIS-0606910
  • listagentmlsid: 0606910
  • listagentpreferredphone: (972) 772-1369
  • listofficekey: 3yd-NTREIS-EBBY00SV
  • listofficemlsid: EBBY00SV
  • disclaimer: Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NTREIS
  • yearbuilt: 1930
  • countyorparish: Erath
  • parcelnumber: R000031157
  • elementaryschool: Chamberlai
  • highschool: Stephenvil
  • elementaryschooldistrict: Stephenville ISD
  • middleorjuniorschooldistrict: Stephenville ISD
  • highschooldistrict: Stephenville ISD
  • appliances: ElectricRange
  • cooling: Ceiling Fan(s), Electric, Wall Unit(s)
  • constructionmaterials: Brick
  • flooring: Wood, Tile, Vinyl
  • heating: Electric (Heating)
  • numberofunitstotal: 2
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 4
  • parkingfeatures: Carport, Covered, Driveway
  • roof: Metal
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: BuiltInFeatures, DecorativeDesignerLightingFixtures, TileCounters, CableTv
  • rooms: Bedroom 6, Bedroom 5, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Privacy
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -98.212776, 32.22811
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Ebby Halliday, REALTORS", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"", "ListBrokerageCity":"Forney", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Ebby Halliday, REALTORS", "ListBrokeragePhone":"(972) 772-1369", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"101 E. Us Hwy 80", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":" ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"EBBY00SV", "ListOfficeCity":"Forney", "ListOfficeCountry":"US", "ListOfficeEmail":null, "ListOfficePostalCode":null, "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Stephenville, TX", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1391-N-Paddock-St_Stephenville_TX_76401_M81837-05987?f=listhub&s=NTREIS&m=21242182&c=rexren", "MLSModificationTimestamp":"2026-04-30 17:04:58", "Neighborhoods":[{"Description":null, "Name":"Crow Styles Add"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":4077, "TaxDescription":"S3200 CROW STYLES ADDITION BLOCK 12 LOT 1B &", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 6/2/2026 10:54:49 PM GMT
Source Updated Date: 6/11/2026 12:47:41 AM GMT

Courtesy of: Eric Hayden, Ebby Halliday Realtors

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.