Turnkey Quadplex Investment
1450 Lincoln Drive, Stephenville, TX 76401
- Added:
- May 13, 2026
- Days on Market:
- 22
- Last Refresh:
- Jun 3 at 5:06 am
Property Features for 1450 Lincoln Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 11
- Bathrooms
- 6
- Rooms
- Bathroom 2, Bedroom 8, Bathroom 4, Bedroom 5, Bedroom 2, Bedroom 6, Bedroom 3, Bathroom 6, Bedroom 1, Bedroom 7, Bedroom 9, Bedroom 11, Bathroom 1, Bathroom 3, Bathroom 5, Bedroom 10, Bedroom 4
- 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
- Concrete, Vinyl
- Roof type
- Metal, Shingle
Listing agent Brittany Elkins (972) 772-1369
Listing office Ebby Halliday Realtors Forney, TX (254) 965-7653
Listing date May 13, 2026
MLS# 21266459
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 5 acres, with 2‑bedroom/1‑bath units and appliances included.
- Stained concrete floors and private fenced backyards for the quadplex units.
- Fully remodeled manufactured home with 3 bedrooms, 2 baths, screened porch, and its own fenced yard.
- Site amenities include a 6‑stall barn, arena, and loafing sheds.
- Utilities include well water (private well) and septic tank sewer.
- New well for the quadplex units; property reports maintained occupancy.
Overview
Turnkey investment property built in 2021 featuring four modern quadplex buildings, with each unit offering two bedrooms and one bath. The homes come with appliances, stained concrete floors, and private fenced backyards designed to support long-term tenant appeal. The property also includes a fully remodeled manufactured home with three bedrooms and two baths, along with a screened porch and its own fenced yard, suitable as an owner’s residence, rental, or flexible guest space.
The offering sits on approximately five acres, providing room for additional income or future development. Outdoor improvements include a six-stall barn, an arena, and loafing sheds, along with space to expand further facilities or add another quadplex. The quadplex units also have a new well, and the property has maintained occupancy while producing income.
This configuration is well-suited for investors seeking a contemporary, functioning multifamily asset with built-in diversification through the manufactured home. With maintained occupancy, appliances, and private outdoor space already in place, the property can support a hands-on or portfolio strategy, while the acreage offers optionality for additional facilities or additional units.
The offering sits on approximately five acres, providing room for additional income or future development. Outdoor improvements include a six-stall barn, an arena, and loafing sheds, along with space to expand further facilities or add another quadplex. The quadplex units also have a new well, and the property has maintained occupancy while producing income.
This configuration is well-suited for investors seeking a contemporary, functioning multifamily asset with built-in diversification through the manufactured home. With maintained occupancy, appliances, and private outdoor space already in place, the property can support a hands-on or portfolio strategy, while the acreage offers optionality for additional facilities or additional units.
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Stephenville
- County
- Erath
- State
- Texas
- Longitude
- -98.203919
- Latitude
- 32.176814
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Built in 2021, this low-maintenance quadplex setup includes a remodeled manufactured home and expansion-ready acreage.
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: Four quadplex buildings on 5 acres, with 2‑bedroom/1‑bath units and appliances included.; Stained concrete floors and private fenced backyards for the quadplex units.; Fully remodeled manufactured home with 3 bedrooms, 2 baths, screened porch, and its own fenced yard.
