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1391 N Paddock Street, Stephenville, TX, 76401
Well-Maintained Duplex Investment

1391 N Paddock Street Stephenville, TX 76401

For Sale
$365,000

MULTI_FAMILY - Stephenville, TX

Lot Size0.17 Acres
Days on Market45

Property Features for 1391 N Paddock Street

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
2
Rooms
Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 6, Bathroom 2, Bedroom 5, Bedroom 2
Parking
4
Parking features
Driveway, Covered, Carport
Interior features
BuiltInFeatures, DecorativeDesignerLightingFixtures, TileCounters, CableTv
Fencing
Privacy
Appliances
ElectricRange
Standard status
Active
APN
R000031157
Lot size
0.17 Acres

Taxes and HOA fees

Tax Description
S3200 CROW STYLES ADDITION BLOCK 12 LOT 1B &
Tax Annual Amount
4077

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Electric, Ceiling Fan(s), Wall Unit(s)
Water source
Public

Building Details

Year built
1930
Floors in Building
1
Number of units
2
Flooring type
Vinyl, Tile, Wood
Building materials
Brick
Roof type
Metal
Listing Agency: Ebby Halliday Realtors
Listed By: Eric Hayden · License #0606910
Added: Jun 10 Changed: Jul 17 Last Checked: Jul 24 at 10:06AM
MLS# 21242182

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 well-maintained duplex includes two separate units, each configured with 3 bedrooms and 1 bathroom. The property is presented as a duplex residential income asset and is currently 100% leased, with occupancy in both units.

The address is 1391 N Paddock Street in Stephenville, Texas (Erath County). The listing notes the property is just minutes from Tarleton State University, and it sits on a 0.17-acre lot.

For investors seeking immediate income, Unit A is leased for $1,500 per month through June 30, 2026, and Unit B is leased for $1,400 per month through July 31, 2026. Both tenants are established under the existing lease terms, and the property’s 3-bedroom, 1-bath layout may appeal to renters looking for room to accommodate shared living arrangements. The combination of duplex-level separation and near-campus access may support straightforward, turn-key operations for a residential income portfolio.

Key Highlights

  • Duplex in Stephenville with two units, each offering 3 bedrooms and 1 bathroom
  • 100% leased: Unit A at $1,500/month through June 30, 2026; Unit B at $1,400/month through July 31, 2026
  • Brick construction with metal roof

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Gym & Fitness Center Home Appliance Store Food Market Butcher (Bike/Boat/Book/etc) Store Garden Center Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-unit duplex with both units leased through mid-2026, offering functional 3-bedroom layouts near Tarleton State University.
Where is this duplex located?
The property is located at 1391 N Paddock Street Stephenville, TX.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Duplex in Stephenville with two units, each offering 3 bedrooms and 1 bathroom; 100% leased: Unit A at $1,500/month through June 30, 2026; Unit B at $1,400/month through July 31, 2026; Brick construction with metal roof
More about this property
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