Apartment Property with Equestrian
For Sale
$950,000
Pending
1450 Lincoln Dr, Stephenville, TX 76401
Four quadplex buildings feature updated interiors, private yards, and a separate manufactured home with residential flexibility.
Property Size4,360 SF
Days on Market159
Property Features for 1450 Lincoln Dr
General Information
Standard status
Pending
Size
4,360 SF
Property subtype
Multi-Family
Building Details
Year Built
1987
Listing Agency:
Ebby Halliday Realtors
Listed By:
Brittany Elkins (254) 965-7653
(972) 980-6600
Source:
Northtexashomeguide
Added: May 12
Changed: Oct 3
Last Checked: Oct 5 at 7:18PM
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
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Investment Insights
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This apartment property includes four quadplex buildings containing 16 total units, with each residence offering two bedrooms, one bathroom, appliances, stained concrete flooring, and a private fenced backyard. The property also includes a fully remodeled manufactured home with three bedrooms, two bathrooms, a screened porch, and a separate fenced yard. A new well serves the quadplex buildings.
Set on 5 acres at 1450 Lincoln Dr in Stephenville, the property combines multifamily housing with equestrian improvements. The grounds include a six-stall barn, arena, and loafing sheds, along with additional room for expanded facilities or another quadplex. The existing residential configuration supports income-producing use and includes a separate home that can serve as an owner’s residence, rental unit, or guest accommodation.
Set on 5 acres at 1450 Lincoln Dr in Stephenville, the property combines multifamily housing with equestrian improvements. The grounds include a six-stall barn, arena, and loafing sheds, along with additional room for expanded facilities or another quadplex. The existing residential configuration supports income-producing use and includes a separate home that can serve as an owner’s residence, rental unit, or guest accommodation.
Key Highlights
- Four quadplex buildings provide 16 total two‑bedroom, one‑bath units
- Each apartment includes appliances, stained concrete floors, and a private fenced backyard
- Fully remodeled manufactured home with 3 bedrooms, 2 baths, screened porch, and fenced yard
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
4
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Four quadplex buildings feature updated interiors, private yards, and a separate manufactured home with residential flexibility.
Where is this apartment building located?
The property is located at 1450 Lincoln Dr 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 provide 16 total two‑bedroom, one‑bath units; Each apartment includes appliances, stained concrete floors, and a private fenced backyard; Fully remodeled manufactured home with 3 bedrooms, 2 baths, screened porch, and fenced yard
