Two-Home Residential Income
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
(254) 965-7653
Forney, TX
Listed by
Eric Hayden · License #0606910
(972) 772-1369
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.
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
Similar For Sale Nearby
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