Residential Income

Stephenville, TX Residential Income 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

$1,495,000
19.16 AC lot

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

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

350 Morgan Mill Rd, Stephenville, TX 76401

$1,799,000
1,260 sqft 4.20 AC lot

Established mobile home park with city water, sewer service, and vacant lots for additional occupancy.

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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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Equestrian Property With Barn
Equestrian Property With Barn

12354 W Fm 8, Stephenville, TX 76401

$1,495,000
1,738 sqft

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

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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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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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Commercial Land with Rental Homes
Commercial Land with Rental Homes

1190 US Highway 67, Stephenville, TX 76401

$1,200,000
2.42 AC lot

High-visibility commercial land featuring two currently rented dwellings and substantial U.S. Highway 67 frontage.

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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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Brick Duplex with Covered Patios
Brick Duplex with Covered Patios

290 North Barker Street, Stephenville, TX 76401

$350,000
2,022 sqft 0.42 AC lot

Two income-producing units offer tile finishes, covered patios, and fenced outdoor areas.

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Ranch with North Paluxy Creek
Ranch with North Paluxy Creek

3035 CR 162, Stephenville, TX 76401

$1,980,000
112.73 AC lot

Ranch with North Paluxy Creek frontage, established food plots, and a remodeled home with shop and guest apartment.

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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-Home Multifamily Property
Two-Home Multifamily Property

1425-1435 Groesbeck St, Stephenville, TX 76401

$425,000
2,416 sqft 0.69 AC lot

R-3-zoned property includes two tenant-occupied homes with matching layouts and room for future multifamily planning.

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Residential Income Home with Patio
Residential Income Home with Patio

940 Elk Rdg Drive, Stephenville, TX 76401

$395,000
0.22 AC lot

Well-kept 3-bedroom, 2-bath home with a large patio and backyard, currently leased through June 2027.

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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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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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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 Brick Single-Family Investment
Leased Brick Single-Family Investment

1723 Sully Court, Stephenville, TX 76401

$280,000
0.10 AC lot

Turnkey 3-bed, 2-bath brick home leased through May 31, 2027, with HOA front-lawn maintenance for reduced day-to-day upkeep.

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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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Turnkey Student Rental Home
Turnkey Student Rental Home

632 N Ollie Street, Stephenville, TX 76401

$179,000
0.12 AC lot

2-bedroom, 1-bath home with an in-place tenant through June 2027 for steady investment income.

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Stephenville, TX Residential Income Properties Market Trends and Statistics

Explore 41 residential income properties for sale in Stephenville, TX, showcased through 34 active listings on our real estate platform. These investment opportunities span a total of 27,032 square feet of properties for sale, with an estimated market value of $28,698,044.

Sale prices for residential income properties in Stephenville, TX start at $179,000, averaging $844,060, 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

Multifamily properties 27
Duplexes 10
Quadplexes 8
Single family properties 8
Mobile home & RV parks 4

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 $985K

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

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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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