1391 Paddock, Stephenville, Texas

$375,000
Active
1391 Paddock, Stephenville, Texas
1391 Paddock, Stephenville, Texas
1391 Paddock, Stephenville, Texas
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Property Details

MLS ID: 21242182
Status: Active
Price: $375,000
Acres: 0.17±
Type: Duplex, Residential
Address: 1391 Paddock
City, State: Stephenville, TX
County: Erath County
ZIP Code: 76401
Parcel Number: R000031157
Bedrooms: 6
Bathrooms: 2
Year Built: 1930

Description

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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Andy Flack

Andy Flack

HomeLand Properties, Inc.

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You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: May 5, 2026 at 12:00:00 PM UTC

Listed By: Eric Hayden of Ebby Halliday Realtors