1425-1435 Groesbeck Street, Stephenville, TX 76401
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Thomas Merritt

Thomas Merritt

East Plano Realty

+1(469) 344-0300
$ 499,000
Est. payment /mo
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1425-1435 Groesbeck Street Stephenville, TX 76401

6 Beds

2 Baths

2,416 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Multiple Single Units

Listing Status Active

Purchase Type For Sale

Square Footage 2,416 sqft

Subdivision South Side Addition

MLS Listing ID 21253345

Bedrooms 6

Full Baths 2

HOA Y/N None

Total Fin. Sqft 2416

Year Built 1954

Annual Tax Amount $7,603

Lot Size 0.688 Acres

Acres 0.688

Property Sub-Type Multiple Single Units

Property 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 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, Interior Lot, 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

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Aerial Photo

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21253345

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
©2026 North Texas Real Estate Information Systems.
Listed by Eric Hayden • Ebby Halliday Realtors
Sandra Merritt
Sandra Merritt

Managing Partner/Realtor | License ID: 642653-SA

+1(214) 240-1691 | sandra@eastplanorealty.com

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1425-1435 Groesbeck Street