Multifamily

Stephenville, TX Multifamily Properties for Sale

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Two-Home Duplex Property
Updated: Jul 11
Two-Home Duplex Property

1425-1435 Groesbeck Street, Stephenville, TX 76401

$425,000
2,416 sqft 0.69 AC lot
Two tenant‑occupied homes on a combined 0.688‑acre parcel
2,416 square feet total building area
Each residence includes 3 bedrooms and 1 full bathroom
R‑3 zoning in place
Minutes from Tarleton State University
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Multifamily Property with Equestrian Improvements
Updated: Jul 11
Multifamily Property with Equestrian Improvements

1450 Lincoln Drive, Stephenville, TX 76401

$950,000
5.00 AC lot
Four quadplex buildings with 2‑bedroom, 1‑bath units
5‑acre multifamily property in Stephenville, TX
Remodeled manufactured home with 3 bedrooms, 2 baths, screened porch, and fenced yard
Private fenced backyards accompany the quadplex units
6‑stall barn, arena, and loafing sheds included
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Multifamily Property with Equestrian Facilities
Multifamily Property with Equestrian Facilities

12354 W Fm 8, Stephenville, TX 76401

$1,595,000
19.16 AC lot

A brick residence and detached cabins share a rural property with dedicated access and equestrian improvements.

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Apartment Property with Equestrian Improvements
Apartment Property with Equestrian Improvements

1450 Lincoln Dr, Stephenville, TX 76401

$950,000
4,360 sqft

Four quadplex buildings feature updated interiors, private yards, and a separate manufactured home with residential flexibility.

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Quadplex With Attached Garages
Quadplex With Attached Garages

811 W Oak, Stephenville, TX 76401

$1,349,000
0.28 AC lot

Four townhome-style residences are planned with modern kitchens, private garages, and high-quality interior finishes.

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Mobile Home Park with Vacant Lots
Mobile Home Park with Vacant Lots

350 Morgan Mill Road, Stephenville, TX 76401

$1,799,000
4.22 AC lot

Public water and sewer serve the community, which also includes unused sites.

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Quadplex Near Tarleton State
Quadplex Near Tarleton State

852 W Vanderbilt, Stephenville, TX 76401

$665,000
0.25 AC lot

Four residences provide two-bedroom, two-bath layouts with dedicated tenant parking and select interior updates.

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Brick Duplex with Oversized Lot
Brick Duplex with Oversized Lot

290 N Barker Street, Stephenville, TX 76401

$350,000
2,022 sqft 0.42 AC lot

Two separate units offer fenced backyards, covered patios, and updated systems across an oversized residential lot.

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Quadplex Near University
Quadplex Near University

892 W Vanderbilt, Stephenville, TX 76401

$665,000
0.31 AC lot

Four two-bedroom, two-bath residences offer dedicated tenant parking and convenient access to campus, shopping, dining, and local services.

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Brick Duplex with Fenced Yards
Brick Duplex with Fenced Yards

290 N Barker Street, Stephenville, TX 76401

$350,000
0.42 AC lot

Two rental units offer updated interiors, covered patios, carport parking, and substantial outdoor areas on an oversized parcel.

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Updated Quadplex Near University
Updated Quadplex Near University

852 W Vanderbilt, Stephenville, TX 76401

$665,000
3,552 sqft

Four two-bedroom residences with dedicated tenant parking and select interior updates.

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Duplex With Multi-Stall Barn
Duplex With Multi-Stall Barn

11755 W FM 8, Stephenville, TX 76401

$415,000
3.60 AC lot

Two complete living units accompany rural improvements and fenced pasture.

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Multifamily Land Near Tarleton State
Multifamily Land Near Tarleton State

Rosebud Drive, Stephenville, TX 76401

$525,000
1.24 AC lot

Strategically located land parcel zoned for multifamily development near university.

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Two-Bedroom Quadplex
Two-Bedroom Quadplex

892 W Vanderbilt, Stephenville, TX 76401

$665,000
3,552 sqft

Located three blocks from Tarleton State University with dedicated parking for residents.

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Leased Duplex Near Tarleton
Leased Duplex Near Tarleton

1391 N Paddock Street, Stephenville, TX 76401

$365,000
0.17 AC lot

Two three-bedroom units offer a fully leased residential income property with separate functional floor plans.

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Brick Duplex with Garages
Brick Duplex with Garages

1155 W Cage Street, Stephenville, TX 76401

$499,000
0.17 AC lot

Each residence offers a two-bedroom, two-bath layout with a private garage.

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Leased Duplex Near Tarleton
Leased Duplex Near Tarleton

1391 North Paddock Avenue, Stephenville, TX 76401

$365,000
1,639 sqft

Two three-bedroom units provide a practical configuration for student-oriented rental demand.

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42-Space RV Park
42-Space RV Park

8325 W FM 8, Stephenville, TX 76401

$2,717,522
85.00 AC lot

RV park tract with onsite support facilities, water wells, septic systems, and prepared areas for future expansion.

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Leased Two-Unit Duplex
Leased Two-Unit Duplex

1391 N Paddock St, Stephenville, TX 76401

$365,000
1,639 sqft

Two three-bedroom residences are fully occupied under leases extending into 2026.

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Four-Building Quadplex Property
Four-Building Quadplex Property

1450 (A) Lincoln Drive, Stephenville, TX 76401

$675,000
3.00 AC lot

Income-producing multifamily asset with furnished kitchens, private fenced yards, and on-site well and septic service.

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New Townhome-Style Quadplex
New Townhome-Style Quadplex

811 W Oak, Stephenville, TX 76401

$1,349,000

Planned four-unit property with attached garages, three-bedroom layouts, and contemporary interior finishes.

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Three-Home Multi-Family Bundle
Three-Home Multi-Family Bundle

1425, 1435, 420 Groesbeck & Lillian, Stephenville, TX 76401

$620,000
0.91 AC lot

Three tenant-occupied homes each with three bedrooms and one bathroom, offered as a single bundle.

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Equestrian Property With Barn
Equestrian Property With Barn

12354 W Fm 8, Stephenville, TX 76401

$1,595,000

Multi-improvement rural property with equestrian facilities, separate cabins, and tenant-occupied units.

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Renovated Five-Cabin Resort
Renovated Five-Cabin Resort

825 Monarch Trail, Stephenville, TX 76401

$800,000
6.53 AC lot

Renovated guest cabins with kitchens, shared recreation areas, and a private rural setting suited to short-term stays.

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Stephenville, TX Multifamily Properties Market Trends and Statistics

Explore 35 multifamily properties for sale in Stephenville, TX, showcased through 30 active listings on our real estate platform. These investment opportunities span a total of 21,618 square feet of properties for sale, with an estimated market value of $24,699,044.

Sale prices for multifamily properties in Stephenville, TX start at $349,000, averaging $882,108, and reaching up to $2,717,522 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 11
Quadplexes 9
Mobile home & RV parks 4
Apartment buildings 2
Short term rental properties 1

Demographics Overview

Population 32K
Population Growth (5Y) +1.8%
Median Household Income $60,864
College Educated 23.5%

High-Yield Neighborhoods for Investment

Identify Stephenville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
76401 $1.1M

Taxes & Financing

Tax Rate (average for all types) 1.83%
Property Tax per SF $32.96 per SF
Tax Rate vs County Average 0.02 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Erath County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Erath County

Retail

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Stephenville fall within the 25,000 to 50,000 square foot range.

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