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1450 Lincoln Drive
Stephenville TX 76401 US

$950,000

Active Listing ID 21266459
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11 bed
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6.00 Bath (6 Full)
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Lot: 5.00 Acres
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Other

$950,000

Active Listing ID 21266459
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1450 Lincoln Drive 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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Property Features

  • Facts
  • Lot Size: 5.00 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 6
  • Cooling System: Central Air, Ceiling Fan(s)
  • Exterior Finish: Deck
  • Floor Covering: Vinyl, Concrete
  • Roof Type: Shingle, Metal
  • Heating Fuels: Electric (Heating), Central
  • Additional Features
  • Fireplace
  • Patio

School Information

  • School
  • Central(Elementary)
  • Stephenvil(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 950000
  • unparsedaddress: 1450 Lincoln Drive
  • postalcity: Stephenville
  • stateorprovince: TX
  • country: US
  • postalcode: 76401
  • bathroomsfull: 6
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 5
  • lotsizeunits: Acres
  • lotsizearea: 5
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 32.176814
  • longitude: -98.203919
  • listagentfullname: Brittany Elkins
  • listagentkey: 3yd-NTREIS-0737670
  • listagentmlsid: 0737670
  • 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: 1987
  • countyorparish: Erath
  • parcelnumber: R000044390
  • elementaryschool: Central
  • highschool: Stephenvil
  • elementaryschooldistrict: Stephenville ISD
  • middleorjuniorschooldistrict: Stephenville ISD
  • highschooldistrict: Stephenville ISD
  • appliances: Dryer, ElectricOven, ElectricRange, GasCooktop, Refrigerator, Washer
  • cooling: Ceiling Fan(s), Central Air
  • flooring: Concrete, Vinyl
  • heating: Central, Electric (Heating)
  • numberofunitstotal: 5
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 6
  • parkingfeatures: Carport
  • roof: Metal, Shingle
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: DecorativeDesignerLightingFixtures, EatInKitchen
  • exteriorfeatures: Deck
  • rooms: Bathroom 6, Bedroom 2, Bedroom 10, Bedroom 3, Bathroom 5, Bathroom 1, Bathroom 2, Bedroom 7, Bedroom 8, Bathroom 3, Bedroom 9, Bedroom 1, Bedroom 6, Bedroom 5, Bathroom 4, Bedroom 4, Bedroom 11
  • patioandporchfeatures: Deck
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: False
  • location: -98.20392, 32.176815
  • 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/1450-Lincoln-Dr_Stephenville_TX_76401_M87263-26571?f=listhub&s=NTREIS&m=21266459&c=rexren", "MLSModificationTimestamp":"2026-05-13 07:10:51", "Neighborhoods":[{"Description":null, "Name":"Springfield Park #11"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":9737, "TaxDescription":"ACRES: 5.000 S6410 SPRINGFIELD PARK; LOT 11;", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 6/15/2026 6:30:15 AM GMT
Source Updated Date: 6/30/2026 12:50:44 AM GMT

Courtesy of: Brittany Elkins, 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.