Turnkey Quadplex Investment
1450 A Lincoln Drive, Stephenville, TX 76401
- Added:
- May 2, 2026
- Days on Market:
- 33
- Last Refresh:
- Jun 3 at 5:06 am
Property Features for 1450 A Lincoln Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 1, Bathroom 4, Bedroom 3, Bedroom 2, Bedroom 4, Bedroom 6, Bathroom 1, Bedroom 8, Bedroom 7
- Parking
- 4
- Patio and Porch features
- Porch
- Interior features
- DecorativeDesignerLightingFixtures, EatInKitchen
- Fireplace
- 1
- Appliances
- Dryer, ElectricOven, ElectricRange
- Standard status
- Active
- APN
- R000044390
- Lot size
- 3.00 Acres
Taxes and HOA fees
- Tax Description
- ACRES: 5.000 S6410 SPRINGFIELD PARK; LOT 11;
- Tax Annual Amount
- 9737
Utilities
- Sewer type
- Septic Tank
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Ceiling Fan(s)
- Water source
- Well
Building Details
- Year built
- 1987
- Floors in Building
- 1
- Number of units
- 4
- Flooring type
- Concrete, Vinyl
- Roof type
- Shingle, Metal
Listing agent Brittany Elkins (972) 772-1369
Listing office Ebby Halliday Realtors Forney, TX (254) 965-7653
Listing date May 2, 2026
MLS# 21253393
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
- Four quadplex buildings on 3 acres, each offering 2‑bedroom, 1‑bath units with private fenced backyards
- Unit interiors include an eat‑in kitchen and designer lighting fixtures
- Appliances included: electric range and electric oven, plus dryer
- Utilities include well water and septic tank sewer service
- Central air with ceiling fans and central electric heating
- Roofing includes shingle and metal, with fireplace present and year built listed as 1987
Overview
Turnkey investment property featuring four modern quadplex buildings built in 2021. Each unit is configured as a 2-bedroom, 1-bath home, with appliances included and stained concrete floors. The layout also includes private, fenced backyards, supporting tenant comfort and long-term appeal in a low-maintenance setup. The property is positioned for continued income performance and offers expansion opportunities on the 3-acre lot, including potential to add additional facilities or build another quadplex.
Located at 1450 (A) Lincoln Drive in Stephenville, Texas (Erath County), the property is described as maintaining occupancy. A new well has been installed for the quadplex units, helping support operational reliability for the current configuration.
This offering is well-suited for investors seeking a contemporary, income-producing multifamily asset with a demonstrated occupancy history and practical upside. The combination of four separate quadplex buildings, included appliances, and private fenced yards can appeal to tenants looking for functional, move-in-ready living. With room to grow on-site, buyers also have a straightforward path to consider future expansion as part of their investment strategy.
Located at 1450 (A) Lincoln Drive in Stephenville, Texas (Erath County), the property is described as maintaining occupancy. A new well has been installed for the quadplex units, helping support operational reliability for the current configuration.
This offering is well-suited for investors seeking a contemporary, income-producing multifamily asset with a demonstrated occupancy history and practical upside. The combination of four separate quadplex buildings, included appliances, and private fenced yards can appeal to tenants looking for functional, move-in-ready living. With room to grow on-site, buyers also have a straightforward path to consider future expansion as part of their investment strategy.
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Map
- City
- Stephenville
- County
- Erath
- State
- Texas
- Longitude
- -98.203919
- Latitude
- 32.176814
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Newly built quadplex buildings on 3 acres offer income production and room to expand for a growing investment portfolio.
Where is this quadplex located?
The property is located at 1450 A Lincoln Drive Stephenville, TX.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Four quadplex buildings on 3 acres, each offering 2‑bedroom, 1‑bath units with private fenced backyards; Unit interiors include an eat‑in kitchen and designer lighting fixtures; Appliances included: electric range and electric oven, plus dryer
