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1435 And 1425 Groesbeck Street
Stephenville TX 76401 US

$550,000

Active Listing ID 21091584
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6 bed
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2.00 Bath (2 Full)
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Lot: 0.68 Acres
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Other

$550,000

Active Listing ID 21091584
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1435 And 1425 Groesbeck Street Prime Multi-family investment opportunity! Two home bundle sitting on a combined .68 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 throughout the next year, bringing you immediate rental income from day one. 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, and stable tenants, 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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Property Features

  • Facts
  • Lot Size: 0.68 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 2
  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Exterior Finish: Covered Patio/Porch, Storage, Fence
  • Floor Covering: Carpet, Laminate, Wood
  • Roof Type: Composition
  • Heating Fuels: Central, Electric (Heating)
  • Additional Features
  • Patio

School Information

  • School
  • Chamberlai(Elementary)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 550000
  • unparsedaddress: 1435 And 1425 Groesbeck Street
  • postalcity: Stephenville
  • stateorprovince: TX
  • country: US
  • postalcode: 76401
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.68
  • lotsizeunits: Acres
  • lotsizearea: 0.68
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 32.20884513
  • longitude: -98.21235781
  • listagentfullname: Eric Hayden
  • listagentemail: erichayden@ebby.com
  • listagentkey: 3yd-NTREIS-0606910
  • listagentmlsid: 0606910
  • listagentpreferredphone: 9729806600
  • listagentofficephone: 2549657653
  • listofficekey: 3yd-NTREIS-EBBY00SV
  • listofficemlsid: EBBY00SV
  • disclaimer: Copyright © 2025 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: 1954
  • countyorparish: Erath
  • parcelnumber: R000033650
  • elementaryschool: Chamberlai
  • appliances: Range, Range - Gas
  • cooling: Ceiling Fan(s), Central Air, Electric
  • constructionmaterials: Vinyl Siding
  • flooring: Carpet, Laminate, Wood
  • heating: Central, Electric (Heating)
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 4
  • parkingfeatures: Driveway, On Street
  • roof: Composition
  • waterfrontyn: False
  • interiorfeatures: Built-in Features, Cable Tv Available, High Speed Internet Available
  • exteriorfeatures: Covered Patio/Porch, Storage, Fence
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • otherstructures: Storage
  • utilities: Cable Available
  • patioandporchfeatures: Patio, Porch
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -98.21236, 32.208843
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Ebby Halliday, REALTORS", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"erichayden@ebby.com", "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":"155 N Graham St, Ste. 103", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"0504495", "ListOfficeCity":"Stephenville", "ListOfficeCountry":"US", "ListOfficeEmail":null, "ListOfficePostalCode":"76401", "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"Multiple Single Units - Stephenville, TX", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1435-W-Groesbeck-St_Stephenville_TX_76401_M82656-53794?f=listhub&s=NTREIS&m=21091584&c=rexren", "MLSModificationTimestamp":"2025-10-25T02:10:14Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Multiple Single Units", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/25/2025 12:39:18 PM GMT
Source Updated Date: 12/16/2025 1:02:02 PM GMT

Courtesy of: Eric Hayden, Ebby Halliday Realtors, erichayden@ebby.com

Copyright © 2025 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.