1391 N Paddock Street, Stephenville, TX 76401
- Added:
- Apr 30, 2026
- Days on Market:
- 41
- Last Refresh:
- Jun 9 at 5:06 am
Property Features for 1391 N Paddock Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 6, Bedroom 5, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
- Parking
- 4
- Parking features
- Carport, Covered, Driveway
- Interior features
- BuiltInFeatures, DecorativeDesignerLightingFixtures, TileCounters, CableTv
- Fencing
- Privacy
- Appliances
- ElectricRange
- Standard status
- Active
- APN
- R000031157
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Description
- S3200 CROW STYLES ADDITION BLOCK 12 LOT 1B &
- Tax Annual Amount
- 4077
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Ceiling Fan(s), Electric, Wall Unit(s)
- Water source
- Public
Building Details
- Year built
- 1930
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Wood, Tile, Vinyl
- Building materials
- Brick
- Roof type
- Metal
Listing agent Eric Hayden License #0606910 (972) 772-1369
Listing office Ebby Halliday Realtors Forney, TX (254) 965-7653
Listing date Apr 30, 2026
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Duplex in Stephenville with two units, each offering 3 bedrooms and 1 bathroom
- Currently 100% leased: Unit A $1,500/mo through June 30, 2026; Unit B $1,400/mo through July 31, 2026
- 1930‑built brick duplex with metal roof and wood, tile, and vinyl flooring
- Utilities: public water and public sewer; electric heating and electric wall unit cooling plus ceiling fans
- Parking and exterior features include a covered carport, driveway parking, and privacy fencing
- Interior includes built‑in features, decorative designer lighting fixtures, tile counters, and cable TV
Overview
Located in the heart of Stephenville, the property is just minutes from Tarleton State University. Its presence in a high-demand rental area popular with Tarleton students has supported consistent occupancy and strong rental demand. Unit A is currently leased through June 30, 2026, and Unit B is currently leased through July 31, 2026, helping create near-term income visibility for the next owner.
This duplex can fit well for investors looking for a turnkey residential income asset with existing tenants and unit-by-unit lease terms. The combination of practical layouts and ongoing occupancy makes it an appealing option for buyers interested in student-oriented housing demand while keeping the ownership structure simple and focused on two income streams.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Stephenville
- County
- Erath
- State
- Texas
- Longitude
- -98.212773
- Latitude
- 32.228113
