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$650,000
9 Beds ⋅ 3 Baths ⋅ 21174858 MLS
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!

1425, 1435, 420 Groesbeck & Lillian, Stephenville
$499,900
3 Beds ⋅ 2 Baths ⋅ 21165938 MLS
Discover this beautifully updated modern home set on an oversized lot, offering the perfect blend of space, style, and functionality. This 3 bedroom, 2 bath residence has been thoughtfully renovated throughout with clean lines, contemporary finishes, and inviting layout designed for today’s lifestyle. The main living space is highlighted with vaulted ceilings, stylish fireplace, and cleverly designed hidden closet space that can serve as a small office or discreet Christmas tree closet and holiday storage. The light filled kitchen features high-end appliances, granite countertops, and custom storage cabinetry. In addition to the 3 spacious bedrooms, the home features a versatile bonus room—along with a dedicated workout area for convenient at-home fitness. The primary suite is private retreat with spa like features, including dual sinks, walk-in glass shower and custom designed closet. Ample storage space throughout the home ensures everything has its place, while the expansive acreage provides privacy, room to roam, and endless possibilities for outdoor living.

170 Brittain Cir, Stephenville
$575,000
4 Beds ⋅ 3 Baths ⋅ 21141420 MLS
BACK ON THE MARKET DUE TO BUYER'S FINANCING: Enjoy golf course living in this beautiful executive home on the 8th fairway in Golf Country Estates. Designed for entertaining and comfortable for every day, this home offers two living areas, two dining areas, four bedrooms and three full baths. Custom features throughout make this property a must-see. The resort-style pool, outdoor entertaining area, hot tub, and sauna provide a luxury staycation that can be enjoyed year-round.

107 Sandra Palmer St, Stephenville
$748,990
21114646 MLS
Location!! Investors don't miss out on one of the few large lots left in good a locations inside the city limits! This 1.697 acre property (73,930sf) is ready to go for a great multi family condo style apartment complex. Architectural Plans, site work, Engineering and plat were all approved by the City and ready for permits. Seller has too many projects. Reduced as time has run out to build, buyer will need to resubmit to city. Stephenville is a special redevelopment district, Owner financing available to qualified buyer 35%dn 20yr balloon at 5% for 1yr Qualified buyers only, confidential agreement and accepted contract to receive information.

900 A S Second Ave, Stephenville
$420,000
3 Beds ⋅ 3 Baths ⋅ 21102833 MLS
Come see this stunning home in the beautiful subdivision of Elk Ridge Estates. This home is on a spacious corner lot and has a double car garage. This 3 or 4 bedroom (the 4th bedroom could be a media room) 2.5 bath offers an open concept floor plan, high ceilings, and a spacious downstairs master where you can unwind after a long day. The master bath comes complete with a separate walk in shower, double vanity sink, large tub to soak in and an oversized master closet. This home boasts an extra room on the front for formal dining or another living area. The roomy kitchen has plenty of cabinets, granite counters, breakfast bar, eat in kitchen and is very open into the den which has a pretty rock fireplace. The backyard has a covered back porch, wooden privacy fence, and an above ground pool. Vacant and ready for a new owner to call home!

1730 Elk Run Dr, Stephenville
$175,000
21074055 MLS
Looking to build in a prime location, on the heavily traveled Graham St in Stephenville, Texas? LOOK NO FURTHER! Here is nearly a quarter acre, vacant and ready to build on, at under $18 per FT. Curbs are cut for easy access, and this property is ready to change hands. This property is located very close to the Harris Methodist Hospital and the Stephenville post office. Current Zoning is B-2 Retail and Commercial Business. Future Land Use, per the city map, is Community Core.

806 N Graham St, Stephenville
$525,000
21037808 MLS
Excellent opportunity to acquire a strategically located parcel zoned R3 Multifamily, just over one mile from Tarleton State University. This property offers strong potential for a 25–30 unit multifamily development, aligning with the high rental demand driven by student housing, faculty, and the growing local workforce. The site is positioned for investors and developers seeking a value-add project in a market with consistent occupancy rates and steady rental demand. With multifamily land in limited supply this close to campus, this tract represents a rare chance to capitalize on both location and zoning flexibility.

00 Rosebud Dr, Stephenville
$550,000
4 Beds ⋅ 2 Baths ⋅ 21023384 MLS
This beautiful 4-bedroom 2 bath home with 2 a car garage sits a very sought after neighborhood in Stephenville the Cowboy Capital of Texas. The house is close to the Stephenville High School and the new Art Briles Stadium and very close to Tarleton State University. This beautiful home has beautiful lighting, large living room, large master bedroom with master bathroom. Master bathroom has large walk-in shower with built in bench, and nice walk-in closets. Granite countertops in the kitchen with stainless appliances, a pantry and lots of storage. Step out on the back porch on to the large back yard that overlooks a field and at times you might see a deer or two. The yard has beautiful large trees, and you will have enough room to build your own garden or a pool. Come and make this house your home in a great area of Stephenville.

105 Tanglewood, Stephenville
$785,000
20935585 MLS
Investors welcome! This beautiful hotel, located on a corner LOT, only half block from Tarleton State University is an asset gain in itslef and with a TURN KEY Boutique Hotel, featuring four rentable short term suites. The Gallery House Boutique Hotel, opened for business in September, 2020 and has been well received for six years running! This Craftsman Home, built in 1895, took two years to restore and convert into a Hotel. Located half block from TSU and with room to expand. Featuring four private rentable rooms, elegantly designed and all with modern conveniences. Zoned Mini splits in every room, smart T.V., microwave, mini fridge, custom showers, hardwood floors throughout. Hotel features 10 foot ceilings with re-claimed vintage stamped tin in all three downstairs KING rooms, each with a different design. Five original fireplaces, Commercial gas tankless water heater, externally mounted, along with professional water softner system which protect fixtures, shower doors and appliances. Grounds include, a detached office studio with private bath and zoned heating and air, custom rock patios, sidewalks, courtyards and native landscaping. An asphalt parking lot with an ADA concrete slap provides safe parking off the street, with a designated Entrance and Exit. An ADA cement ramp with railing, plus steps from parking lot lead guest to our beautiful wrap around porch to access Hotel. Property has room to build Phase II if desired, which would include the addition of three rental units on one foundation. Sewer tap in place and parking lot built with 14 spaces to accomodate future expansion. The Gallery House has excellent reviews, repeat guest, local business, corporate travel, sub-contractors and transient weekend buisness. The Gallery House has an establised website capturing majority of reservations. Walking distance to TSU, Historic Downtown, and Hospital district. Property is an asset gain as Tarleton State University grows expenditually in all directions.

1092 W Tarleton St, Stephenville
$339,000
4 Beds ⋅ 3 Baths ⋅ 20813306 MLS
Price Improvement! Four Bedroom 2.5 bath on oversized corner lot in Golf Country Estates! Remodeled kitchen and walk in shower in master bath. Garage has extra large parking area built in storage and at least 350 sq. ft. space for a shop or storage. The .543 acre lot has oak and pecan trees with plenty of room for gardening and landscaping. The property even has it's own well for outdoor watering and reducing the cost of watering. This nice brick home with split bedroom design and open concept living and kitchen area makes for a great area for living and entertaining. The covered back porch looking over the golf course is a nice place for enjoying cooking and playing outdoors.

1405 N Prairie Wind Blvd, Stephenville
$749,000
20348989 MLS
Location!! Investors don't miss out on one of the few large lots left in good a locations inside the city limits! Owner financing available to qualified buyer This 1.697 acre property (73,930sf) is ready to go for a great multi family condo style apartment complex. Architectural Plans, site work, Engineering and plat were all approved by the City and ready for permits. Seller has too many projects. Reduced as time has run out to build, buyer will need to resubmit to city. Stephenville is a special redevelopment district, OWNER FINANCE TERMS 35%dn 20yr amortization 1yr balloon at 5% int rate Qualified buyers only.

900 S Second Ave, Stephenville