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Updated Quadplex Investment Opportunity

892 W Vanderbilt Stephenville, TX 76401

892 W Vanderbilt, Stephenville, TX, 76401
$665,000
For Sale
$665,000

MULTI_FAMILY - Stephenville, TX

Lot Size0.31 Acres
Days on Market69

Property Features for 892 W Vanderbilt

General Information

Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
8
Bathrooms
8
Rooms
Bedroom 3, Bedroom 8, Bathroom 3, Bedroom 7, Bathroom 5, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 4, Bathroom 7, Bathroom 8, Bathroom 6, Bedroom 6, Bedroom 5, Bedroom 4
Parking
8
Interior features
GraniteCounters, CableTv
Appliances
Dishwasher, ElectricRange, ElectricWaterHeater, Microwave, Refrigerator, Washer
Standard status
Active
APN
R000032745
Lot size
0.31 Acres

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air, Ceiling Fan(s), Electric
Water source
Public

Building Details

Year built
2008
Floors in Building
2
Number of units
4
Flooring type
Tile, Vinyl
Building materials
Brick
Roof type
Composition
Listing agency Ebby Halliday Realtors
Listed by Tony Lyon
Added: May 15 Updated: Jul 17 at 1:44PM Checked: Jul 22 at 3:06AM
MLS# 21270771

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 attractive quadruplex is configured for practical rental living, with functional 2-bedroom, 2-bath layouts in each unit. Some of the apartments have been updated with granite countertops, luxury vinyl plank flooring, and tile, adding durable, modern finishes. The property includes dedicated tenant parking for residents, and across the full complex it offers a total of 8 bedrooms and 8 bathrooms, supporting a straightforward, income-focused ownership strategy.

Located at 892 W Vanderbilt in Stephenville, the community sits just three blocks from Tarleton State University, placing it in close proximity to campus. The surrounding area also offers nearby shopping, dining, and local amenities, making the property convenient for renters who want an easy day-to-day commute and access to everyday services.

This quadplex is well-suited for investors looking for a turn-key multifamily asset with repeatable unit layouts and the opportunity to benefit from an established tenant base driven by its proximity to campus. It also may fit well for buyers expanding an existing portfolio or for newcomers seeking a manageable entry into residential income real estate. Buyer and buyer’s agent to verify all information.

Key Highlights

  • Quadruplex built in 2008 with brick construction and a composition roof
  • 8 total bedrooms and 8 total bathrooms across the four units
  • Public utilities: public water and public sewer

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Dental Office Carpet & Flooring Store (Bike/Boat/Book/etc) Store Food Market Acupuncture Grocery & Convenience Store Home Appliance Store (Bike/Boat/Book/etc) Store Veterinary Clinic Furniture & Home Goods

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

FAQs

What type of property is this?
Quadplex - Four 2BR/2BA units with some upgrades, just blocks from Tarleton State University, offering turnkey rental income.
Where is this quadplex located?
The property is located at 892 W Vanderbilt Stephenville, TX.
What is the asking price?
The asking price for this property is $665,000.
What are key features of this property?
This property features: Quadruplex built in 2008 with brick construction and a composition roof; 8 total bedrooms and 8 total bathrooms across the four units; Public utilities: public water and public sewer
Contact an agent
More about this property
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