1425 Groesbeck, Stephenville, Texas

$700,000
Active
1425 Groesbeck, Stephenville, Texas
1425 Groesbeck, Stephenville, Texas
1425 Groesbeck, Stephenville, Texas
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Property Details

MLS ID: 20975651
Status: Active
Price: $700,000
Acres: 0.91±
Type: Residential
Address: 1425 Groesbeck
City, State: Stephenville, TX
County: Erath County
ZIP Code: 76401
Lat/Long: 32.20906, -98.21239
Parcel Number: R000033651
Bedrooms: 9
Bathrooms: 3
SqFt: 3,580
Year Built: 1930

Description

Investor opportunity: Three House Bundle with Prime Multi-Family potential! Unlock the perfect blend of steady cash flow and long-term development potential with this rare 3-house investment bundle! Each home features three bedrooms, one full bathroom, and is tenant occupied throughout the next year, offering immediate rental income from day one. Located on Groesbeck Street, 1425 and 1435 Groesbeck are already zoned for multi-family and sit on what could be a combined .68 acres if replatted. Replat and build a multi-family complex while collecting rental income during the planning phase. The third home completes this solid investment package in a growing area with increasing rental demand, and stable tenants. Whether you're looking to expand your rental portfolio or break ground on your next development, this package delivers versatility and value. Schedule your showing today!

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Andy Flack

Andy Flack

HomeLand Properties, Inc.

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All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of December 5, 2025 at 12:00:00 PM UTC.

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: December 5, 2025 at 12:00:00 PM UTC

Listed By: Eric Hayden of Ebby Halliday Realtors