Two-Home Multifamily
For Sale
$425,000
1425-1435 Groesbeck St, Stephenville, TX 76401
R-3-zoned property includes two tenant-occupied homes with matching layouts and room for future multifamily planning.
Property Size2,416 SF
Lot Size0.69 Acres
Price / SF$175.91
Days on Market162
Property Features for 1425-1435 Groesbeck St
General Information
Standard status
Active
Size
2,416 SF
Lot size
0.69 Acres
Property subtype
Multi-Family
Zoning
R-3
Units
Unit Mix
2 x 3BR/1BA
Multifamily Units
2
Building Details
Year Built
1954
Buildings
2
Listing Agency:
Ebby Halliday Realtors
Listed By:
Eric Hayden (254) 965-7653 · License #0606910
(972) 980-6600
Source:
Dfwareahousehunt
Added: Apr 7
Changed: Sep 13
Last Checked: Sep 14 at 11:51AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ebby Halliday Realtors
Investment Insights
Based on property information with market context.
This multifamily property consists of two tenant-occupied homes totaling 2,416 square feet. Each residence provides three bedrooms and one full bathroom, creating a consistent configuration across the offering. Both homes were built in 1954 and currently produce rental income.
The property is located at 1425-1435 Groesbeck St in Stephenville, near Tarleton State University. The combined site encompasses .69 acres if replatted and is already zoned R-3. That zoning and the potential to replat support planning for a future multifamily complex while the existing homes remain in service during the planning process.
The property is located at 1425-1435 Groesbeck St in Stephenville, near Tarleton State University. The combined site encompasses .69 acres if replatted and is already zoned R-3. That zoning and the potential to replat support planning for a future multifamily complex while the existing homes remain in service during the planning process.
Key Highlights
- Two tenant‑occupied homes totaling 2,416 square feet
- Each home includes 3 bedrooms and 1 full bathroom
- Combined .69‑acre lot if replatted
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
459
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 - R-3-zoned property includes two tenant-occupied homes with matching layouts and room for future multifamily planning.
Where is this multifamily property located?
The property is located at 1425-1435 Groesbeck St Stephenville, TX.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Two tenant‑occupied homes totaling 2,416 square feet; Each home includes 3 bedrooms and 1 full bathroom; Combined .69‑acre lot if replatted
