Stephenville, TX Residential Income Properties for Sale

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$665,000

0.25 Acres

Updated 4-Plex Investment Property

872 W Vanderbilt Street, Stephenville, TX 76401

Updated four-unit with modern finishes, in-unit laundry, and off-street parking near Tarleton State University.

4‑plex built in 2008 with brick construction and a composition roof
Each unit features 2 bedrooms and 2 full bathrooms
Interior updates include granite countertops, luxury vinyl plank (vinyl) flooring, laminate flooring, and fresh paint
Units include a refrigerator and stackable washer and dryer; dishwasher, electric range, and microwave are listed
Central heating and central air in place; public sewer connection

Updated: Jun 3

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$499,000

2,416 SF

Two-Home Multi-Family Bundle

1425-1435 Groesbeck Street, Stephenville, TX 76401

Two tenant-occupied three-bedroom residences offer rental income with potential for future multi-family development.

Two‑home multi‑family bundle with both homes featuring 3 bedrooms and 1 full bathroom
Tenant occupied two‑home bundle on a combined 0.69‑acre lot if replatted
Property is already zoned R‑3 for potential multi‑family development
Year built 1954; composition roof and public water with public sewer
Interior features include built‑in features, high‑speed internet, and cable TV hookup

Updated: May 1

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Well-Maintained Quadplex Near University

$665,000

0.25 Acres

Well-Maintained Quadplex Near University

A maintained 4-unit quadplex with dedicated parking and updated finishes, positioned close to Tarleton State University.

852 W Vanderbilt, Stephenville, TX 76401

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$665,000

0.31 Acres

Updated Quadplex Investment Opportunity

Four 2BR/2BA units with some upgrades, just blocks from Tarleton State University, offering turnkey rental income.

892 W Vanderbilt, Stephenville, TX 76401

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$950,000

5.00 Acres

Turnkey Quadplex Investment Property

Built in 2021, this low-maintenance quadplex setup includes a remodeled manufactured home and expansion-ready acreage.

1450 Lincoln Drive, Stephenville, TX 76401

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$1,995,000

4.22 Acres

Mobile Home Park with Expansion Lots

Established mobile home park with income-producing occupancy and six vacant lots for potential expansion or increased revenue.

350 Morgan Mill Road, Stephenville, TX 76401

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$950,000

4.44 Acres

Mixed-Use Property with Multiple Shops

Multi-use setup with a brick residence and multiple shop buildings, including roll-up doors and separate entrances for flexible operations.

7517A US Highway 67, Stephenville, TX 76401

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$1,200,000

2.42 Acres

Commercial Land with Rental Homes

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

1190 US Highway 67, Stephenville, TX 76401

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$499,000

3.60 Acres

Duplex with Barn and Fenced Pastures

Well-maintained two-unit duplex with income-ready layout and equestrian improvements on fenced agricultural land.

11755 W FM 8, Stephenville, TX 76401

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$2,717,522

85.00 Acres

RV Park Land Development Opportunity

85-acre FM 8 parcel with an existing RV park and room for expansion across multiple tracts.

8325 W FM 8, Stephenville, TX 76401

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$365,000

0.17 Acres

Well-Maintained Duplex Investment

Two-unit duplex with both units leased through mid-2026, offering functional 3-bedroom layouts near Tarleton State University.

1391 N Paddock Street, Stephenville, TX 76401

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$395,000

0.22 Acres

Residential Income Home with Patio

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

940 Elk Rdg Drive, Stephenville, TX 76401

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$525,000

1.24 Acres

Multifamily Land Near Tarleton State

Strategically located land parcel zoned for multifamily development near university.

Rosebud Drive, Stephenville, TX 76401

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Duplex-Style Residential Income Property

$315,000

0.50 Acres

Duplex-Style Residential Income Property

Two separate living areas in a 1920-built home make this a flexible option for student housing or rental use.

910 W Long Street, Stephenville, TX 76401

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$425,000

0.21 Acres

Central Duplex with Private Parking

Two separate 2-bed, 2-bath units with private parking in a central Stephenville setting near the square.

490 S Graham Street, Stephenville, TX 76401

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$675,000

3.00 Acres

Turnkey Quadplex Investment Portfolio

Newly built quadplex buildings on 3 acres offer income production and room to expand for a growing investment portfolio.

1450 (A) Lincoln Drive, Stephenville, TX 76401

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B-2 Zoned Residential Office Opportunity

$199,000

0.18 Acres

B-2 Zoned Residential Office Opportunity

3-bed, 1-bath home with recent interior updates and B-2 commercial zoning for office or rental use.

1102 Washington Street, Stephenville, TX 76401

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$499,000

0.17 Acres

Brick Duplex Investment Property

Well-built two-unit duplex with two bedrooms and two baths in each unit, long-term tenants, and private garages.

1155 W Cage Street, Stephenville, TX 76401

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$800,000

6.53 Acres

Turnkey Country Cabin Rental Retreat

Five fully renovated cabins with shared pool and fire pit, designed for turnkey short-term rentals and extended stays.

825 Monarch Trail, Stephenville, TX 76401

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$280,000

0.10 Acres

Leased Brick Single-Family Investment

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

1723 Sully Court, Stephenville, TX 76401

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$179,000

0.12 Acres

Turnkey Student Rental Home

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

632 N Ollie Street, Stephenville, TX 76401

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$315,000

2,600 SF

Spacious Home Near Tarleton University

Versatile 5-bedroom home near university, park, and elementary school.

910 West Long Street, Stephenville, TX 76401

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$1,000,000

0.17 Acres

Near-Campus Residential Income Home

Brick home near Tarleton State offers three bedrooms, two baths, and a fenced backyard with covered parking.

1357 W Mcneill Street, Stephenville, TX 76401

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$6,750,000

146.43 Acres

Event Arena and Equestrian Facility

Multi-venue arena property with extensive equestrian and RV infrastructure, plus income from an in-place residential lease.

4696-B N Highway 377, Stephenville, TX 76401

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Stephenville, TX Residential Income Properties Investment Opportunities Market Analysis

Explore 38 residential income properties for sale in Stephenville, TX, showcased through 31 active listings on our real estate platform. These investment opportunities span a total of 3,743,570 square feet of properties for sale, with an estimated market value of $6,634,000.

Sale prices for residential income properties in Stephenville, TX start at $300,000, averaging $829,250, and reaching up to $2,200,000 — 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

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	$850.8K

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

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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