1435 And 1425 Groesbeck St

Stephenville, TX 76401
  • $550,000

    Price
  • 6

    Bed
  • 2

    Bath
  • 1,380

    SqFt

About the Listing EBBY00SV - 0606910

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!

Listing Highlights

Status Active
Days on Site 51
Property Type Multi-Family
MLS ® 21091584
Year Built 1954
Total Square Footage 1,380
Lot/Acreage 0.68
County Erath
School District Stephenville ISD
Elementary School Chamberlai
High School Stephenvil

Interior Details

  • Bedrooms: 6
  • Bathrooms: 2 Full
  • Appliances: Gas Range
  • Air Cond: Ceiling Fan(s),Central Air,Electric
  • Heating: Central,Electric
  • Fireplaces: 0
  • Floor: Carpet,Laminate,Wood
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Built-in Features,Cable TV Available,High Speed Internet Available
  • Water:

Exterior Details

  • Lot Description: Cleared,Few Trees,Lrg. Backyard Grass,.5 to < 1 Acre
  • Garage Capacity: N/A
  • Parking Spaces: 4
  • Roof: Composition
  • Others: Covered Patio/Porch,Storage,Preowned
  • Sewer:
  • Parking Features: Driveway,On Street

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: R000033650
  • Tax Year: N/A

Payment Calculator

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1435 And 1425 Groesbeck St Stephenville, TX 76401

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