1425, 1435, 420 Groesbeck & Lillian, Stephenville, TX 76401
- $620,000
- 9
- BD
- 3
- BA
- List Price
- $620,000
- Status
- ACTIVE
- Price Change
- ▼ $30,000 1787371452
- MLS#
- 21174858
- Subtype
- ResidentialIncome
- Construction Status
- Preowned
- Year Built
- 1910
- Bedrooms
- 9
- Bathrooms
- 3
- Full Baths
- 3
- Lot Size
- 39,639
- Acres
- 0.91
- Subdivision
- S6200 SOUTH SIDE
Property Description
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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Additional Information
- Interior Features
- Eat-In Kitchen, High Speed Internet, Cable TV
- Exterior Features
- Fire Pit, Storage
- Taxes
- $10,162
- Flooring
- Carpet, Laminate, Tile, Wood
- Appliances
- Dishwasher, Electric Range, Electric Water Heater, Disposal, LP Gas Water Heater
- Heating
- Central, Electric
- Air Conditioning
- Central Air, Ceiling Fan(s), Electric
- Exterior Features
- Fire Pit, Storage
- Stories
- 1
- Levels
- One
- Roof
- Composition, Metal
- Foundation
- Pillar/Post/Pier
- Parking Features
- Driveway, Gravel, On Site, Other, On Street
- School District
- Stephenville Isd
- Middle School
- Gilbert, Stephenvil
- High School
- Stephenvil
Mortgage Calculator
Listing courtesy of Eric Hayden from Ebby Halliday Realtors. Contact: (254) 965-7653
Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.
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