1450 A Lincoln Dr, Stephenville, TX 76401
- $675,000
- 8
- BD
- 4
- BA
- List Price
- $675,000
- MLS#
- 21253393
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- ResidentialIncome
- Year Built
- 1987
- Construction Status
- Preowned
- Bedrooms
- 8
- Full Baths
- 4
- Acres
- 3
- County
- Erath
- City
- Stephenville
- Subdivision
- Springfield Park #11
- Building Name
- 1450 Lincoln Dr.
Property Description
Turnkey Investment Property with Expansion Potential on 3 Acres! Built in 2021, these low-maintenance units combine functionality with a contemporary design featuring four modern quadplex buildings, each offering 2-bedroom, 1-bath units with appliances, stained concrete floors and private fenced backyards—perfect for attracting long-term tenants. Outside if you need room to expand with more facilities or even build another quadplex. This property has maintained occupancy, has a new well for the quadplex units, and is income producing perfect for your investment portfolio.
Additional Information
- Unexempt Taxes
- $9,737
- Amenities
- Fireplace
- Lot Size
- 130,680
- Acres
- 3
- Lot Description
- Cleared, Few Trees
- Interior Features
- Decorative Designer Lighting Fixtures, Eat-In Kitchen
- Flooring
- Concrete, Vinyl
- Foundation
- Pillar/Post/Pier, Slab
- Roof
- Metal, Shingle
- Stories
- 1
- Pool Features
- None
- Fireplaces
- 1
- Fireplace Type
- Decorative, Other, Wood Burning
- Exterior
- Other
- Parking Garage
- Common, On Site
- School District
- Stephenville Isd
- Elementary School
- Central
- High School
- Stephenvil
- Possession
- CloseOfEscrow
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Listing courtesy of Brittany Elkins from Ebby Halliday Realtors. Contact: (254) 965-7653