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Four-Building Multifamily Property
For Sale
$675,000

1450 A Lincoln Drive, Stephenville, TX 76401

MULTI_FAMILY - Stephenville, TX

Property SizeContact for details
Lot Size3.00 Acres
Days on Market55

Property Features for 1450 A Lincoln Drive

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 5, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 6, Bedroom 8, Bathroom 3, Bedroom 7, Bedroom 2, Bedroom 1, Bathroom 4
Parking 4
Patio and Porch features Porch
Interior features DecorativeDesignerLightingFixtures, EatInKitchen
Fireplace 1
Appliances Dryer, ElectricOven, ElectricRange
Subdivision Springfield Park #11
Lot features Acreage, Cleared, Few Trees
Elementary school Central
Middle school Gilbert,Stephenvil
High school Stephenvil
Elementary school district Stephenville ISD
Middle school district Stephenville ISD
High school district Stephenville ISD
Directions GPS Friendly
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
Legal Description ACRES: 5.000 S6410 SPRINGFIELD PARK; LOT 11;

Utilities

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

Amenities

private fenced backyards

Building Details

Year built 1987
Floors in Building 1
Number of units 4
Flooring type Vinyl, Concrete
Roof type Metal, Shingle
Listing Agency: Ebby Halliday Realtors
Listed By: Brittany Elkins
Added: Jul 11 Changed: Aug 5 Last Checked: Sep 3 at 9:06AM
MLS# 21253393

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.

Located at 1450 (A) Lincoln Drive in Stephenville, this multifamily property spans 3 acres and includes four quadplex buildings. The residences are configured with two bedrooms and one bathroom, along with appliances, stained concrete flooring, and individually fenced backyards. Interior features include eat-in kitchens and designer lighting, while central heating, central air, and ceiling fans support year-round comfort.

The property is served by a well and septic tank. Additional physical features include porches, electric ranges and ovens, dryers, and a combination of vinyl and concrete flooring. The source information also identifies maintained occupancy and income production, with room on the acreage for additional facilities or another quadplex.

Key Highlights

  • Four quadplex buildings on a 3‑acre property
  • Each residence includes 2 bedrooms and 1 bathroom
  • Private fenced backyards accompany the units

Property Analytics

Current Use

Quadplexes

Lease Details

16
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 76401, TX

30,144
Population
13,826
Households
2.2
Avg Household Size
30
Median Age
35%
College-Educated
90%
High-School Grad
411.3 sq mi
ZIP Area
73
Density / Sq Mi
$60,864
Median Household Income
$31,925
Median Earnings
$1,136
Median Rent
$252,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Four quadplex buildings offer furnished two-bedroom residences with private fenced outdoor areas and on-site well service.
Where is this multifamily property 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 a 3‑acre property; Each residence includes 2 bedrooms and 1 bathroom; Private fenced backyards accompany the units
More about this property
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