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Multi family home for sale at 1450 Lincoln Dr, Stephenville, TX 76401 | MLS# 21266459 | Listing updated on 2026-09-18
Photo 1 of Multi family home for sale at 1450 Lincoln Dr, Stephenville, TX 76401 | MLS# 21266459 | Listing updated on 2026-09-18
Photo 2 of Multi family home for sale at 1450 Lincoln Dr, Stephenville, TX 76401 | MLS# 21266459 | Listing updated on 2026-09-18
Photo 3 of Multi family home for sale at 1450 Lincoln Dr, Stephenville, TX 76401 | MLS# 21266459 | Listing updated on 2026-09-18
Photo 4 of Multi family home for sale at 1450 Lincoln Dr, Stephenville, TX 76401 | MLS# 21266459 | Listing updated on 2026-09-18
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$950,000

Monthly Est:$4,728

  • Beds Icon11 Beds
  • Beds Icon
    6 Baths
  • Beds Icon4,360sqft

1450 Lincoln Dr, Stephenville, TX 76401

$4,728/moEst:

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  • 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 faci...

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  • Houzeo last checked: 3 minutes ago
  • Listing updated: September 18, 2026 at 6:00 pm
  • Listing Provided by: Brittany Elkins (254) 979-6294 | Ebby Halliday Realtors (254) 965-7653
  • Source: NTREIS MLS-TX | MLS#: 21266459 NTREIS MLS-TX

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    1

  • County

    Erath County

  • City

    Stephenville

  • 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

    Active

  • Cumulative Days on Market

    511

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Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 11

    Bathrooms: 6

Interior

  • Interior Features

    Decorative Designer Lighting Fixtures, Eat In Kitchen

  • Flooring

    Concrete, Luxury Vinyl Plank, Other, Vinyl

  • Cooling

    Central Air, Ceiling Fans

  • Appliances

    Dryer, Electric Oven, Electric Range, Gas Cooktop, Refrigerator, Washer

  • Exterior Features

    Deck, Other

  • Sewer

    Septic Tank

  • Heating

    Central, Electric

Construction

  • Year Built

    Year Built: 1987

  • Home type

    Multi Family

  • Roof

    Metal, Shingle

  • Property Condition

    Resale

  • Construction Materials

    Other

  • Foundation Details

    Pillar Post Pier, Slab

Utilities & Energy

  • Parking Features

    Common, Carport, On Site

  • Pool Features

    None

  • Water Source

    Private, Well

  • Utilities

    Septic Available, Water Available

  • Fireplace Features

    Decorative, Other, Wood Burning

Other Features

  • Patio And Porch Features

    Covered, Deck

  • Lot Features

    Acreage, Cleared, Few Trees

  • Subdivision Name

    Springfield Park #11

Price History

DateEventPrice

05/12/2026

Source: mls_logoNTREIS MLS-TX #21266459

Listed for Sale

$950,000 -4.90%

$218/sqft

04/24/2025

Source: mls_logoNTREIS MLS-TX #20913268

Off Market

$999,000

$229/sqft

04/24/2025

Source: mls_logoNTREIS MLS-TX #20913268

Listed for Sale

$999,000

$229/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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