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Multi family home for sale at 1425-1435 Groesbeck St, Stephenville, TX 76401 | MLS# 21253345 | Listing updated on 2026-09-18
Photo 1 of Multi family home for sale at 1425-1435 Groesbeck St, Stephenville, TX 76401 | MLS# 21253345 | Listing updated on 2026-09-18
Photo 2 of Multi family home for sale at 1425-1435 Groesbeck St, Stephenville, TX 76401 | MLS# 21253345 | Listing updated on 2026-09-18
Photo 3 of Multi family home for sale at 1425-1435 Groesbeck St, Stephenville, TX 76401 | MLS# 21253345 | Listing updated on 2026-09-18
Photo 4 of Multi family home for sale at 1425-1435 Groesbeck St, Stephenville, TX 76401 | MLS# 21253345 | Listing updated on 2026-09-18
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$425,000

Monthly Est:$2,115

  • Beds Icon6 Beds
  • Beds Icon
    2 Baths
  • Beds Icon2,416sqft

1425-1435 Groesbeck St, Stephenville, TX 76401

$2,115/moEst:

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  • Multi Family

  • Built in 1954

  • $-- HOA

  • 0.69 acre lot

  • $176/sq.ft

Description

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 b...

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  • Houzeo last checked: 3 minutes ago
  • Listing updated: September 18, 2026 at 6:00 pm
  • Listing Provided by: Eric Hayden | Ebby Halliday Realtors (254) 965-7653
  • Source: NTREIS MLS-TX | MLS#: 21253345 NTREIS MLS-TX

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    1

  • County

    Erath County

  • City

    Stephenville

  • Neighborhood

    --

  • Year Built

    1954

  • HOA Fees

    -

  • Finished Area

    2,416 sqft

  • Lot Size

    0.69 acre lot

  • Basement Area

    - sqft

  • MLS Name

    NTREIS MLS

  • MLS Number

    21253345

  • MLS Status

    Active

  • Cumulative Days on Market

    141

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Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 6

    Bathrooms: 2

Interior

  • Heating

    Central, Electric

  • Appliances

    Gas Range

  • Sewer

    Public Sewer

  • Flooring

    Carpet, Laminate, Wood

  • Interior Features

    Built In Features, High Speed Internet, Cable Tv

  • Exterior Features

    Storage

  • Window Features

    Window Coverings

  • Cooling

    Central Air, Ceiling Fans, Electric

Construction

  • Year Built

    Year Built: 1954

  • Home type

    Multi Family

  • Roof

    Composition

  • Foundation Details

    Pillar Post Pier

  • Property Condition

    Resale

  • Construction Materials

    Vinyl Siding, Wood Siding

Utilities & Energy

  • Pool Features

    None

  • Water Source

    Public

  • Utilities

    Sewer Available, Water Available, Cable Available

  • Parking Features

    Driveway, On Site, On Street

Other Features

  • Subdivision Name

    South Side Addition

  • Patio And Porch Features

    Covered

  • Lot Features

    Back Yard, Cleared, Interior Lot, Lawn, Few Trees

Price History

DateEventPrice

08/21/2026

Source: mls_logoNTREIS MLS-TX #21253345

Price Decreased

$425,000 -5.56%

$176/sqft

06/30/2026

Source: #21253345

Price Decreased

$450,000 -9.82%

$186/sqft

04/30/2026

Source: mls_logoNTREIS MLS-TX #21253345

Price Increased

$499,000 +10.89%

$207/sqft

04/30/2026

Source: mls_logoNTREIS MLS-TX #21253345

Listed for Sale

$450,000

$186/sqft

Based on information from the North Texas Real Estate Information Systems, Inc., through Sep 20, 2026, 05:45PM. 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.

Advertising Broker: Michelle Brecker | Pathway To Home Realty

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