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Four Quadplex Buildings on Three Acres
For Sale
$675,000

1450 A Lincoln Drive, Stephenville, TX 76401

MULTI_FAMILY - Stephenville, TX

Lot Size3.00 Acres
Days on Market91

Property Features for 1450 A Lincoln Drive

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 6, Bathroom 3, Bedroom 4, Bedroom 2, Bathroom 4, Bathroom 1, Bedroom 5, Bedroom 1, Bedroom 7, Bathroom 2, Bedroom 8, Bedroom 3
Parking 4
Patio and Porch features Porch
Interior features DecorativeDesignerLightingFixtures, EatInKitchen
Fireplace 1
Appliances Dryer, ElectricOven, ElectricRange
Subdivision Springfield Park #11
Lot features Acreage, Cleared, Few Trees
Elementary school Central
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 3.00 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 Electric (Heating), Central
Cooling system Ceiling Fan(s), Central Air
Water source Well

Amenities

appliances
private fenced backyards

Building Details

Year built 1987
Floors in Building 1
Number of units 4
Flooring type Vinyl, Concrete
Roof type Metal, Shingle
Listing Agency: Ebby Halliday Realtors
Listed By: Brittany Elkins
Added: May 2 Changed: Jul 30 Last Checked: Jul 31 at 3:06AM
MLS# 21253393

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 turnkey quadplex property includes four modern quadplex buildings, with each unit offering two bedrooms and one bathroom. The homes come equipped with appliances and feature stained concrete floors, plus private fenced backyards designed to support long-term tenant appeal. Interior amenities include an eat-in kitchen and decorative lighting fixtures. Heating is electric and served with central heating, while cooling is provided through central air and ceiling fans. A porch is included, and the property lists a fireplace. The quadplex units are served by a well for water and a septic tank for sewer.

Set on three acres, the site is positioned for additional development. The property provides room to expand with more facilities or build another quadplex.

The offering is presented as having maintained occupancy and includes a new well for the quadplex units.

Key Highlights

  • Four modern quadplex buildings with 2‑bedroom, 1‑bath units
  • Three‑acre site with room to expand or build another quadplex
  • Appliances included, with an eat‑in kitchen and decorative lighting fixtures

Property Analytics

Current Use

Quadplexes

Lease Details

16
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four quadplex buildings with 2-bedroom, 1-bath units, appliances, and private fenced backyards, served by a well.
Where is this quadplex located?
The property is located at 1450 A Lincoln Drive Stephenville, TX.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Four modern quadplex buildings with 2‑bedroom, 1‑bath units; Three‑acre site with room to expand or build another quadplex; Appliances included, with an eat‑in kitchen and decorative lighting fixtures
More about this property
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