TX
Erath
Stephenville
76401
1391 N Paddock Street
1391 N Paddock Street, Stephenville, TX 76401
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Listing Type
Multi Family
Listing Status
Active
40
$375,000

Home Details for 1391 N Paddock Street

Price
$375,000
Type
Residential Income
Bedrooms
6
Total Bathrooms
2
Full Bathrooms
2
Year built
1930
Lot size acres
0.17
County
Erath
Days on site
45
MLS Listing#
21242182
Property Description

Excellent investment opportunity in the heart of Stephenville, just minutes from Tarleton State University. This well-maintained duplex features two spacious units, each offering 3 bedrooms and 1 bathroom—an ideal layout for student housing. The property is currently 100% leased, providing immediate and stable cash flow. Unit A is leased at $1,500 per month through June 30, 2026, and Unit B is leased at $1,400 per month through July 31, 2026. Located in a high-demand rental area popular with Tarleton students, this property benefits from consistent occupancy and strong rental demand. Its proximity to campus, combined with functional floor plans and reliable tenancy, makes it a turnkey addition to any investor’s portfolio. Don’t miss this opportunity to own a performing asset in one of Stephenville’s most sought-after rental locations.

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Property Features
  • Parking
    • Additional Parking
    • Attached Carport
    • Carport
    • Covered
    • Driveway
    • On Site
    • Outside
  • Cooling Information
    • Ceiling Fan(s)
    • Electric
    • Wall Unit(s)
    • Other
  • Heating Information
    • Electric
    • Other
  • House Interior
    • Built-in Features
    • Tile Counters
  • Water Features
    • Public
  • Utilities
    • Cable Available
School Information
School Information for 1391 N Paddock 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: 2026-04-30 11:50:44
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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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