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Two-Home Residential Income Property

1425-1435 Groesbeck Street Stephenville, TX 76401

1425-1435 Groesbeck Street, Stephenville, TX, 76401
$450,000
For Sale
$450,000

MULTI_FAMILY - Stephenville, TX

Property Size2,416 SF
Lot Size0.69 Acres
Price / SF$186.26
Days on Market19

Property Features for 1425-1435 Groesbeck Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
2
Rooms
Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 6, Bedroom 5, Bathroom 1, Bedroom 4
Parking
4
Parking features
Driveway, On Street
Interior features
BuiltInFeatures, HighSpeedInternet, CableTv
Exterior features
Storage
Fencing
Privacy
Appliances
GasRange
Standard status
Active
APN
R000033650
Size
2,416 SF
Lot size
0.69 Acres

Taxes and HOA fees

Tax Description
Acres 0.401, S6200 SOUTH SIDE ADDITION, BLOCK 22;
Tax Annual Amount
7603

Utilities

Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric, Ceiling Fan(s)
Water source
Public

Building Details

Year built
1954
Floors in Building
1
Number of units
2
Flooring type
Carpet, Wood, Laminate
Building materials
VinylSiding, WoodSiding
Roof type
Composition
Additional Structures
Storage
Listing Agency Ebby Halliday Realtors
Forney, TX
Listed by Eric Hayden · License #0606910
Added: Jun 30 Checked: Jul 18 at 10:06 am
MLS# 21253345 Listing URL

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.


Investment Insights

Based on property information with market context.

This offering is a two-home bundle on a combined 0.688-acre lot in Stephenville, Texas. Each residence features three bedrooms and one full bathroom, and both homes are currently tenant occupied. The property’s configuration supports continued rental use, while the site may also be considered for redevelopment planning, including a possible replating scenario if desired.

The homes are located at 1425-1435 Groesbeck Street and are described as already zoned R-3. The property is positioned minutes from Tarleton State University, which may support strong demand for nearby housing options.

For investors or operators seeking a small residential income portfolio, this can provide immediate occupancy through the existing tenants. For buyers with redevelopment goals, the shared lot and stated R-3 zoning create a practical path to evaluate future multi-family arrangements following replating. A showing is recommended to review the current residences, tenant arrangements, and site layout in person.

Key Highlights

  • Two home bundle with both homes featuring 3 bedrooms and 1 full bathroom, tenant occupied
  • Combined .69‑acre lot (if replatted) with R‑3 zoning
  • Central heating and central air conditioning, plus ceiling fans

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office Grocery & Convenience Store HVAC Service (Bike/Boat/Book/etc) Store Storage Facility Electrical Service Carpet & Flooring Store Catering Service Garden Center Tech Support Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Tenant-occupied three-bedroom homes on a single R-3 lot, offering income and redevelopment flexibility in Stephenville.
Where is this duplex located?
The property is located at 1425-1435 Groesbeck Street Stephenville, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Two home bundle with both homes featuring 3 bedrooms and 1 full bathroom, tenant occupied; Combined .69‑acre lot (if replatted) with R‑3 zoning; Central heating and central air conditioning, plus ceiling fans
Contact an agent
More about this property
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