TX
Erath
Stephenville
76401
1435 and 1425 Groesbeck Street
1435 and 1425 Groesbeck Street, Stephenville, TX 76401
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Listing Type
other
Listing Status
active
25
$550,000

Home Details for 1435 and 1425 Groesbeck Street

Price
$550,000
Type
Residential Income
Bedrooms
6
Bathrooms
2.0
Square feet
NaN
Year built
1954
Lot size acres
0.68
County
Erath
Garage
Days on site
15
MLS Listing#
21091584
Property Description

Prime Multi-family investment opportunity! Two home bundle sitting on a combined .68 acre lot if replatted, and already zoned R-3. Unlock the perfect blend of steady cash flow and long-term development potential with this rare two home bundle! Both homes feature three bedrooms and 1 full bathroom, and are tenant occupied throughout the next year, bringing you immediate rental income from day one. Replat and build a multi-family complex while collecting rental income during the planning phase! You'll appreciate the solid location just minutes from the ever growing Tarleton State University. With increasing rental demand, and stable tenants, you can rest assured your investment delivers versatility and value. Whether you're looking to expand your rental portfolio or break ground on your next development, you'll want to see this one. Schedule your showing today!

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Property Features
  • Cooling Information
    • Ceiling Fan(s)
    • Central Air
    • Electric
  • Heating Information
    • Central
    • Electric
  • House Interior
    • Built-in Features
    • High Speed Internet
  • Parking
    • Driveway
    • On Street
  • Water Features
    • Public
  • Utilities
    • Cable Available
School Information
School Information for 1435 and 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: 2025-10-24 22:45:42
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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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