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$588,000
Monthly Est:$2,927
9 Beds
3 Baths3 full baths
3,580sqft
1425, 1435, 420 Groesbeck & Lillian, Stephenville, TX 76401
$588,000
$2,927/moEst:
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Multi Family
Built in 1910
$-- HOA
0.91 acre lot
$164/sq.ft
Description
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!
- Houzeo last checked: 11 minutes ago
- Listing updated: September 24, 2026 at 4:38 pm
- Listing Provided by: Eric Hayden | Ebby Halliday Realtors (254) 965-7653
- Source: NTREIS MLS-TX | MLS#: 21174858
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1910
HOA Fees
-
Finished Area
3,580 sqft
Lot Size
0.91 acre lot
Basement Area
- sqft
MLS Name
NTREIS MLS
MLS Number
21174858
MLS Status
Active
Cumulative Days on Market
185
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 9
Bathrooms: 3
Interior
Sewer
Public Sewer
Interior Features
Eat In Kitchen, High Speed Internet, Cable Tv
Window Features
Window Coverings
Cooling
Central Air, Ceiling Fans, Electric
Flooring
Carpet, Laminate, Tile, Wood
Heating
Central, Electric
Exterior Features
Fire Pit, Storage
Appliances
Dishwasher, Electric Range, Electric Water Heater, Disposal, Gas Water Heater
Construction
Year Built
Year Built: 1910
Home type
Multi Family
Property Condition
Resale
Roof
Composition, Metal
Foundation Details
Pillar Post Pier
Construction Materials
Wood Siding
Utilities & Energy
Water Source
Public
Utilities
Sewer Available, Water Available, Cable Available
Pool Features
None
Parking Features
Driveway, Gravel, On Site, Outside, On Street
Other Features
Subdivision Name
S6200 South Side
Lot Features
Back Yard, Interior Lot, Lawn, Few Trees
Patio And Porch Features
Patio, Covered
Community Features
Curbs
Price History
| Date | Event | Price |
|---|---|---|
08/21/2026 Source: | Price Increased | $620,000 +5.44% $173/sqft |
06/19/2026 Source: | Price Decreased | $588,000 -9.54% $164/sqft |
02/12/2026 Source: | Listed for Sale | $650,000 $182/sqft |
02/12/2026 Source: | Off Market | $650,000 $182/sqft |
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Based on information from the North Texas Real Estate Information Systems, Inc., through Oct 11, 2026, 04:00AM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. ©2026 North Texas Real Estate Information Systems, Inc. All Rights Reserved.
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