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(903) 675-5207
Real Estate Company
1450 Lincoln Dr, Stephenville, TX 76401
- $950,000
- 11
- BD
- 6
- BA
- List Price
- $950,000
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- 21266459
- Subtype
- ResidentialIncome
- Construction Status
- Preowned
- Year Built
- 1987
- Bedrooms
- 11
- Bathrooms
- 6
- Full Baths
- 6
- Lot Size
- 217,800
- Acres
- 5
- Subdivision
- Springfield Park #11
- Building Name
- 1450 Lincoln Dr.
Property Description
CASH FLOW TODAY, EXPANSION TOMORROW!!! Turnkey Investment Property with Expansion Potential on 5 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. In addition, the property includes a fully remodeled manufactured home with 3 bedrooms, 2 baths, screened porch and its own fenced yard, ideal as an owner’s residence, rental, or guest space. Outside amenities include a 6-stall barn, arena, loafing sheds, and room to expand with more facilities or even an additional quadplex. This property has maintained occupancy, has a new well for the quadplex units, and is income producing perfect for your investment portfolio.
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Additional Information
- Amenities
- Fireplace
- Interior Features
- Decorative Designer Lighting Fixtures, Eat-In Kitchen
- Exterior Features
- Deck, Other
- Taxes
- $9,737
- Flooring
- Concrete, Vinyl, Other, Vinyl
- Appliances
- Dryer, Electric Oven, Electric Range, Gas Cooktop, Refrigerator, Washer
- Heating
- Central, Electric
- Air Conditioning
- Central Air, Ceiling Fan(s)
- Exterior Features
- Deck, Other
- Stories
- 1
- Levels
- One
- Roof
- Metal, Shingle
- Foundation
- Pillar/Post/Pier, Slab
- Parking Features
- Common, Carport, On Site
- School District
- Stephenville Isd
- Elementary School
- Central
- Middle School
- Gilbert, Stephenvil
- High School
- Stephenvil
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Listing courtesy of Brittany Elkins 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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