TX
Erath
Stephenville
76401
1425 Groesbeck Street
1425 Groesbeck Street, Stephenville, TX 76401
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Listing Type
other
Listing Status
active
40
$700,000

Home Details for 1425 Groesbeck Street

Price
$700,000
Type
Residential Income
Bedrooms
9
Bathrooms
3.0
Square feet
3580
Year built
1930
Lot size acres
0.91
County
Erath
Garage
Days on site
184
MLS Listing#
20975651
Property Description

Investor opportunity: Three House Bundle with Prime Multi-Family potential! Unlock the perfect blend of steady cash flow and long-term development potential with this rare 3-house investment bundle! Each home features three bedrooms, one full bathroom, and is tenant occupied throughout the next year, offering immediate rental income from day one. Located on Groesbeck Street, 1425 and 1435 Groesbeck are already zoned for multi-family and sit on what could be a combined .68 acres if replatted. Replat and build a multi-family complex while collecting rental income during the planning phase. The third home completes this solid investment package in a growing area with increasing rental demand, and stable tenants. Whether you're looking to expand your rental portfolio or break ground on your next development, this package delivers versatility and value. Schedule your showing today!

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Property Features
  • Cooling Information
    • Ceiling Fan(s)
    • Central Air
    • Electric
  • Parking
    • Driveway
    • On Street
    • Parking Pad
  • Heating Information
    • Central
    • Electric
  • House Interior
    • Eat-in Kitchen
    • High Speed Internet
  • Water Features
    • Public
  • Utilities
    • Cable Available
School Information
School Information for 1425 Groesbeck Street, Stephenville, TX 76401
Elementary School
Chamberlai
Middle School
Stephenvil
High School
Stephenvil
Listing Courtesy: Ebby Halliday Realtors - 254-965-7653
Presented by: Eric Hayden
Dallas MLS - N.T.R.E.I.S. logoThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
Last Updated: 2025-06-25 19:46:21
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EXIT REALTY ELITE
129 S. Main St, Ste 260, Grapevine, TX 76051
Jerry Hawn
License #: 0706288
Sales Representative
Office
817 925 5503
Agent
817 905 9019
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