- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
- Nearby Homes
$950,000
Monthly Est:$4,728
11 Beds
6 Baths6 full baths
4,360sqft
1450 Lincoln Dr, Stephenville, TX 76401
$950,000
$4,728/moEst:
Get Pre-Approved
Multi Family
Built in 1987
$-- HOA
5 acres lot
$218/sq.ft
Description
CASH FLOW TODAY, EXPANSION TOMORROW!!! Turnkey Investment Property with Expansion Potential on 5 Acres! Built in 2021, these low-maintenance units combine functionality with a contemporary design featuring four modern quadplex buildings, each offering 2-bedroom, 1-bath units with appliances, stained concrete floors and private fenced backyards—perfect for attracting long-term tenants. In addition, the property includes a fully remodeled manufactured home with 3 bedrooms, 2 baths, screened porch and its own fenced yard, ideal as an owner’s residence, rental, or guest space.
Outside amenities include a 6-stall barn, arena, loafing sheds, and room to expand with more facilities or even an additional quadplex. This property has maintained occupancy, has a new well for the quadplex units, and is income producing perfect for your investment portfolio.
- Houzeo last checked: 29 minutes ago
- Listing updated: November 2, 2026 at 10:35 pm
- Listing Provided by: Brittany Elkins (254) 979-6294 | Ebby Halliday Realtors (254) 965-7653
- Source: NTREIS MLS-TX | MLS#: 21266459
Property Details
Status
Active Under Contract
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1987
HOA Fees
-
Finished Area
4,360 sqft
Lot Size
5 acres lot
Basement Area
- sqft
MLS Name
NTREIS MLS
MLS Number
21266459
MLS Status
ActiveUnderContract
Cumulative Days on Market
556
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 11
Bathrooms: 6
Interior
Appliances
Dryer, Electric Oven, Electric Range, Gas Cooktop, Refrigerator, Washer
Interior Features
Decorative Designer Lighting Fixtures, Eat In Kitchen
Cooling
Central Air, Ceiling Fans
Sewer
Septic Tank
Flooring
Concrete, Luxury Vinyl Plank, Other, Vinyl
Exterior Features
Deck, Other
Heating
Central, Electric
Construction
Year Built
Year Built: 1987
Home type
Multi Family
Property Condition
Resale
Roof
Metal, Shingle
Construction Materials
Other
Foundation Details
Pillar Post Pier, Slab
Utilities & Energy
Water Source
Private, Well
Utilities
Septic Available, Water Available
Parking Features
Common, Carport, On Site
Fireplace Features
Decorative, Other, Wood Burning
Pool Features
None
Other Features
Patio And Porch Features
Covered, Deck
Subdivision Name
Springfield Park #11
Lot Features
Acreage, Cleared, Few Trees
Price History
| Date | Event | Price |
|---|---|---|
10/02/2026 Source: | Contingent (Active Under Contract) | $950,000 $218/sqft |
05/12/2026 Source: | Listed for Sale | $950,000 -4.90% $218/sqft |
04/24/2025 Source: | Off Market | $999,000 $229/sqft |
04/24/2025 Source: | Listed for Sale | $999,000 $229/sqft |
Nearby Homes
Find Homes by Property Features in Stephenville, TX
Nearby New Homes For Sale
Nearby Pre-Owned Homes For Sale
Based on information from the North Texas Real Estate Information Systems, Inc., through Nov 05, 2026, 09:15PM. 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
