Quadplex Investment
1450 Lincoln Drive Stephenville, TX 76401
1450 Lincoln Drive, Stephenville, TX, 76401
$950,000
For Sale
$950,000
MULTI_FAMILY - Stephenville, TX
Lot Size5.00 Acres
Days on Market67
Property Features for 1450 Lincoln Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 11
- Bathrooms
- 6
- Rooms
- Bedroom 10, Bedroom 11, Bedroom 7, Bedroom 8, Bathroom 2, Bedroom 3, Bathroom 4, Bedroom 6, Bedroom 9, Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 6, Bathroom 5, Bathroom 3, Bedroom 4, Bedroom 5
- 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
- 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
Utilities
- Sewer type
- Septic Tank
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Ceiling Fan(s)
- Water source
- Well, Private
Building Details
- Year built
- 1987
- Floors in Building
- 1
- Number of units
- 5
- Flooring type
- Vinyl, Concrete
- Roof type
- Shingle, Metal
Listing Agency
Ebby Halliday Realtors
(254) 965-7653
Forney, TX
Listed by
Brittany Elkins
(972) 772-1369
Added: May 13 Checked: Jul 18 at 8:06 am
MLS# 21266459
Listing URL
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Investment Insights
Based on property information with market context.
Built in 2021, this turnkey property features four modern quadplex buildings totaling 2-bedroom, 1-bath units. Each unit is described as low-maintenance and includes appliances, stained concrete floors, and a private fenced backyard.
The grounds also include a fully remodeled manufactured home with 3 bedrooms, 2 baths, a screened porch, and its own fenced yard. Outdoor features include a 6-stall barn, an arena, and loafing sheds.
The property has maintained occupancy and includes a new well for the quadplex units. With approximately 5 acres and room to add more facilities or an additional quadplex, the site offers expansion potential while continuing to generate income.
The grounds also include a fully remodeled manufactured home with 3 bedrooms, 2 baths, a screened porch, and its own fenced yard. Outdoor features include a 6-stall barn, an arena, and loafing sheds.
The property has maintained occupancy and includes a new well for the quadplex units. With approximately 5 acres and room to add more facilities or an additional quadplex, the site offers expansion potential while continuing to generate income.
Key Highlights
- 5‑acre property with four quadplex buildings, each offering 2‑bedroom, 1‑bath units with private fenced backyards
- Quadplex units include appliances and stained concrete flooring
- Also includes a remodeled manufactured home with 3 bedrooms, 2 bathrooms, screened porch, and its own fenced yard
Property Analytics
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Location Intelligence
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FAQs
What type of property is this?
Quadplex - Four quadplex buildings built in 2021 each offer 2-bedroom, 1-bath units, plus a remodeled manufactured home on 5 acres.
Where is this quadplex 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: 5‑acre property with four quadplex buildings, each offering 2‑bedroom, 1‑bath units with private fenced backyards; Quadplex units include appliances and stained concrete flooring; Also includes a remodeled manufactured home with 3 bedrooms, 2 bathrooms, screened porch, and its own fenced yard