Active
1425-1435 Groesbeck Street
Stephenville, TX 76401 · SOUTH SIDE ADDITION
$499,000
Beds
6
Baths
2
Sq Ft
2,416
Year
1954
About this property
Prime Multi-family investment opportunity! Two home bundle sitting on a combined .69 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. 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, 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!
Quick facts
Property Type
ResidentialIncome
Property Sub Type
—
Lot Size
0.688 acres
Stories
—
Garage Spaces
0
Pool
—
County
Erath
School District
—
Listing timeline
Listed
—
Last Status Change
Apr 30, 2026
Last Price Change
—
Location