1435 and 1425 Groesbeck Street, Stephenville, TX 76401

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Christina Carrillo

christinacarrillo29@gmail.com +1(512) 350-5560

$550,000

Est. payment - /mo

6 Beds

2 Baths

0.68 Acres Lot

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Key Details

Property Type Multi-Family

Sub Type Multiple Single Units

Listing Status Active

Purchase Type For Sale

Subdivision South Side Addition

MLS Listing ID 21091584

Bedrooms 6

Full Baths 2

HOA Y/N None

Total Fin. Sqft 1380

Year Built 1954

Lot Size 0.680 Acres

Acres 0.68

Property Sub-Type Multiple Single Units

Property 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!

Location

State TX

County Erath

Direction GPS Friendly; SOP

Interior

Interior Features Built-in Features, Cable TV Available, High Speed Internet Available

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Carpet, Laminate, Wood

Appliance Gas Range

Heat Source Central, Electric

Exterior

Exterior Feature Covered Patio/Porch, Storage

Fence Chain Link, Privacy

Utilities Available City Sewer, City Water

Roof Type Composition

Garage No

Building

Lot Description Cleared, Few Trees, Lrg. Backyard Grass

Story One

Foundation Pillar/Post/Pier

Level or Stories One

Structure Type Siding,Vinyl Siding,Wood

Schools

Elementary Schools Chamberlai

High Schools Stephenvil

School District Stephenville Isd

Others

Ownership See Tax

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Aerial Photo

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21091584

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Eric Hayden • Ebby Halliday Realtors

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Christina Carrillo

+1(512) 350-5560

Agent | License ID: 621279

Agent License ID: 621279

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1435 and 1425 Groesbeck Street Stephenville, TX 76401

Christina Carrillo

Key Details

Location

Interior

Exterior

Building

Schools

Others

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