Multifamily Property with Equestrian
For Sale
$950,000
1450 Lincoln Drive, Stephenville, TX 76401
MULTI_FAMILY - Stephenville, TX
Property SizeContact for details
Lot Size5.00 Acres
Days on Market54
Property Features for 1450 Lincoln Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
11
Bathrooms
6
Full bathrooms
6
Rooms
Bathroom 6, Bedroom 10, Bedroom 9, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 5, Bedroom 6, Bedroom 8, Bedroom 2, Bathroom 3, Bedroom 7, Bedroom 4, Bathroom 4, Bedroom 1, Bathroom 5, Bedroom 11
Parking
6
Parking features
Carport
Patio and Porch features
Deck
Interior features
DecorativeDesignerLightingFixtures, EatInKitchen
Exterior features
Deck
Fireplace
1
Appliances
Dryer, ElectricOven, ElectricRange, GasCooktop, Refrigerator, Washer
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
5.00 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
Ceiling Fan(s), Central Air
Water source
Well, Private
Amenities
appliances
stained concrete floors
private fenced backyards
screened porch
6-stall barn
arena
loafing sheds
Building Details
Year built
1987
Floors in Building
1
Number of units
5
Flooring type
Concrete, Vinyl
Roof type
Shingle, Metal
Listing Agency:
Ebby Halliday Realtors
(254) 965-7653
Listed By:
Brittany Elkins
(972) 772-1369
Added: Jul 11
Changed: Aug 5
Last Checked: Sep 2 at 6:06PM
MLS# 21266459
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 multifamily property on 5 acres includes four quadplex buildings with 2-bedroom, 1-bath units. The residences feature appliances, stained concrete floors, and individually fenced backyards. A remodeled manufactured home adds 3 bedrooms, 2 baths, a screened porch, and a separate fenced yard, providing additional residential space on the property.
Equestrian improvements include a 6-stall barn, arena, and loafing sheds. The quadplex buildings are served by a new private well, while the property uses a septic tank. Additional features include central air, electric heating, decks, carport parking, and a combination of shingle and metal roofing. The property is located at 1450 Lincoln Drive in Stephenville, Texas.
Equestrian improvements include a 6-stall barn, arena, and loafing sheds. The quadplex buildings are served by a new private well, while the property uses a septic tank. Additional features include central air, electric heating, decks, carport parking, and a combination of shingle and metal roofing. The property is located at 1450 Lincoln Drive in Stephenville, Texas.
Key Highlights
- Four quadplex buildings with 2‑bedroom, 1‑bath residential units
- Remodeled manufactured home with 3 bedrooms, 2 baths, screened porch, and fenced yard
- 5 acres with private well and septic tank
Property Analytics
Property Profile
Current Use
Lease Details
17
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Residential units feature appliances, concrete flooring, and private fenced outdoor areas across a five-acre property.
Where is this multifamily property located?
The property is located at 1450 Lincoln Drive Stephenville, TX.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Four quadplex buildings with 2‑bedroom, 1‑bath residential units; Remodeled manufactured home with 3 bedrooms, 2 baths, screened porch, and fenced yard; 5 acres with private well and septic tank
