Two-Home Multi-Family
1425-1435 Groesbeck Street, Stephenville, TX 76401
MULTI_FAMILY - Stephenville, TX
Property size:
2,416 SFLot size:
0.69 AcresPrice / SF:
$206/SF- Added:
- May 1, 2026
- Days on Market:
- 34
- Last Refresh:
- Jun 3 at 5:06 am
Property Features for 1425-1435 Groesbeck Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 5, Bedroom 2, Bedroom 6, Bedroom 3, Bedroom 1, 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
- Electric (Heating), Central
- Cooling system
- Electric, Central Air, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1954
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Carpet, Laminate, Wood
- Building materials
- VinylSiding, WoodSiding
- Roof type
- Composition
- Additional Structures
- Storage
Listing agent Eric Hayden License #0606910 (972) 772-1369
Listing office Ebby Halliday Realtors Forney, TX (254) 965-7653
Listing date May 1, 2026
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.
HighLights
- Two‑home bundle with tenant‑occupied 3‑bedroom/1‑bath homes
- Combined lot totals 0.69 acres (if replatted) with R‑3 zoning
- Public utilities: public water and public sewer
- Built in 1954; composition roof with vinyl and wood siding
- Central heating and central air, plus ceiling fans
- Includes gas range, laminate/carpet/wood flooring, and privacy fencing
Overview
This offering presents a two-home bundle on a combined 0.688-acre lot, marketed as an opportunity for continued rental income and potential future replatting. Each residence features three bedrooms and one full bathroom, and both are currently tenant occupied. The property is positioned to support an investor’s strategy that balances immediate cash flow with longer-term development planning.
The homes are located on Groesbeck Street in Stephenville, TX, with the public remarks noting the site is already zoned R-3. The property is described as being minutes from Tarleton State University, reflecting a location that may support steady rental demand tied to the surrounding area.
For buyers seeking residential income, the tenant-occupied configuration offers an established starting point rather than a vacant redevelopment site. For developers or portfolio expanders, the stated ability to replat and build a multi-family complex aligns with an approach that can extend the value of the underlying housing units while planning future improvements. Interested parties are encouraged to review the property in person to evaluate layout, tenancy, and development potential.
The homes are located on Groesbeck Street in Stephenville, TX, with the public remarks noting the site is already zoned R-3. The property is described as being minutes from Tarleton State University, reflecting a location that may support steady rental demand tied to the surrounding area.
For buyers seeking residential income, the tenant-occupied configuration offers an established starting point rather than a vacant redevelopment site. For developers or portfolio expanders, the stated ability to replat and build a multi-family complex aligns with an approach that can extend the value of the underlying housing units while planning future improvements. Interested parties are encouraged to review the property in person to evaluate layout, tenancy, and development potential.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Stephenville
- County
- Erath
- State
- Texas
- Longitude
- -98.2123578
- Latitude
- 32.2088179
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two tenant-occupied three-bedroom residences offer rental income with potential for future multi-family development.
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 $499,000.
What are key features of this property?
This property features: Two‑home bundle with tenant‑occupied 3‑bedroom/1‑bath homes; Combined lot totals 0.69 acres (if replatted) with R‑3 zoning; Public utilities: public water and public sewer
