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Quadplex Investment Property

1450 Lincoln Drive Stephenville, TX 76401

1450 Lincoln Drive, Stephenville, TX, 76401
$950,000
For Sale
Claim this Listing
$950,000

MULTI_FAMILY - Stephenville, TX

Lot Size5.00 Acres
AddedMay 13
Days on Market64
Last RefreshJul 15 at 9:06 pm

Property Features for 1450 Lincoln Drive

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
11
Bathrooms
6
Rooms
Bedroom 10, Bedroom 11, Bedroom 7, Bedroom 8, Bathroom 2, Bedroom 3, Bathroom 4, Bedroom 6, Bedroom 9, Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 6, Bathroom 5, Bathroom 3, Bedroom 4, Bedroom 5
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
Vinyl, Concrete
Roof type
Shingle, Metal

Listing agent Brittany Elkins

Listing office Ebby Halliday Realtors Forney, TX

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.


Investment Insights

Based on property information with market context.

Built in 2021, this turnkey property features four modern quadplex buildings totaling 2-bedroom, 1-bath units. Each unit is described as low-maintenance and includes appliances, stained concrete floors, and a private fenced backyard.

The grounds also include a fully remodeled manufactured home with 3 bedrooms, 2 baths, a screened porch, and its own fenced yard. Outdoor features include a 6-stall barn, an arena, and loafing sheds.

The property has maintained occupancy and includes a new well for the quadplex units. With approximately 5 acres and room to add more facilities or an additional quadplex, the site offers expansion potential while continuing to generate income.

Key Highlights

  • 5‑acre property with four quadplex buildings, each offering 2‑bedroom, 1‑bath units with private fenced backyards
  • Quadplex units include appliances and stained concrete flooring
  • Also includes a remodeled manufactured home with 3 bedrooms, 2 bathrooms, screened porch, and its own fenced yard

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Garden Center Bed & Breakfast Hotel & Motel

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

FAQs

What type of property is this?
Quadplex - Four quadplex buildings built in 2021 each offer 2-bedroom, 1-bath units, plus a remodeled manufactured home on 5 acres.
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: 5‑acre property with four quadplex buildings, each offering 2‑bedroom, 1‑bath units with private fenced backyards; Quadplex units include appliances and stained concrete flooring; Also includes a remodeled manufactured home with 3 bedrooms, 2 bathrooms, screened porch, and its own fenced yard
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