1435 and 1425 Groesbeck, Stephenville, Texas

$550,000
Active
1435 and 1425 Groesbeck, Stephenville, Texas
1435 and 1425 Groesbeck, Stephenville, Texas
1435 and 1425 Groesbeck, Stephenville, Texas
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Property Details

MLS ID: 21091584
Status: Active
Price: $550,000
Acres: 0.68±
Type: Residential
Address: 1435 and 1425 Groesbeck
City, State: Stephenville, TX
County: Erath County
ZIP Code: 76401
Lat/Long: 32.20885, -98.21236
Parcel Number: R000033650
Bedrooms: 6
Bathrooms: 2
Year Built: 1954

Description

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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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 6, 2025 at 12:00:00 AM 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 6, 2025 at 12:00:00 AM UTC

Listed By: Eric Hayden of Ebby Halliday Realtors