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Turnkey Quadplex Investment Portfolio

1450 A Lincoln Drive Stephenville, TX 76401

1450 A Lincoln Drive, Stephenville, TX, 76401
$675,000
For Sale
$675,000

MULTI_FAMILY - Stephenville, TX

Lot Size3.00 Acres
Days on Market78

Property Features for 1450 A Lincoln Drive

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
4
Rooms
Bathroom 4, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 6, Bedroom 5, Bedroom 7, Bathroom 1, Bedroom 4, Bathroom 3, Bedroom 8
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
Vinyl, Concrete
Roof type
Metal, Shingle
Listing Agency Ebby Halliday Realtors
Forney, TX
Listed by Brittany Elkins
Added: May 2 Checked: Jul 18 at 8:06 am
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.


Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 4 modern quadplex buildings with 2‑bedroom, 1‑bath units
  • Income‑producing property with maintained occupancy and new well for the quadplex units
  • Units include appliances and eat‑in kitchen features

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

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: 4 modern quadplex buildings with 2‑bedroom, 1‑bath units; Income‑producing property with maintained occupancy and new well for the quadplex units; Units include appliances and eat‑in kitchen features
Contact an agent
More about this property
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