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1425 1435 420 Groesbeck & Lillian

Stephenville, Texas 76401
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Bed 9

Bed

Bath 3

Bath

Acres0.91

Acre(Lot)

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 p ackage delivers versatility and value. Schedule your showing today!

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Detail Ic Property Details

Property Type : Residential Income

Price : $650,000

AD Id : 85504014

MLS Id : 551148263

Beds : 9

Lot Size : 0.91 Acre

Year Built : 1910

County : Erath

Subdivision: Honey Creek Country Estates

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 9 Window Features: Window Coverings

    Bathroom Information

    Total Baths: 3 Full Baths: 3 Half Baths: 0
  • Interior Features

    Cable TV Available,Eat-in Kitchen,High Speed Internet Available

    Appliances

    Dishwasher,Disposal,Electric Range,Electric Water Heater,Gas Water Heater

    Utilities

    City Sewer,City Water,Curbs
  • Cooling Features

    Ceiling Fan(s),Central Air,Electric

    Heating Source

    Central,Electric

  • Building Information

    Built Year: 1910 Building Area Total: 3,580 Construction: Siding,Wood Roof Type: Composition,Metal
  • Exterior Features

    Covered Patio/Porch,Fire Pit,Storage

    Foundation

    Pillar/Post/Pier
  • Patio And Porch

    Covered,Patio

    Fencing

    Chain Link,Fenced,Privacy,Wood,Other

    Construction Materials

    Siding,Wood

  • Lot Information

    Lot Size (Acr): 0.9100 Lot Size Units: Acres Lot Size Square Feet: 39,640 Lot Features: Few Trees,Interior Lot,Lrg. Backyard Grass
  • Property Information

    Property Type: Residential Income Property Sub Type: Multiple Single Units Subdivision: S6200 SOUTH SIDE City: Stephenville State: Texas Directions: GPS Friendly to all addresses. SOP Property Status: Active Levels: One Property Age: 116 Year Built Details: Preowned

  • Listing Price Information

    Original List Price: $650,000
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: R000033651 Unexempt Taxes: $10,162

  • Parking Information

    Garage Space: 0 Carport Spaces: 0 Parking: 3 Parking Features: Driveway,Gravel,On Site,On Street,Outside
  • Homeowners Association Information

    HOA Type: None

  • School Information

    High School: Stephenvil Junior High School: Stephenvil Intermediate School: Gilbert School District: Stephenville ISD
  • Utility Information

    Utilities: City Sewer,City Water,Curbs
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
10849 Fm 205, Stephenville, TX, 76401 $599,999 3 2 2,190 2,190 SqFt
1400 Private Road 701, Stephenville, TX, 76401 $305,000 3 1 1,300 1,300 SqFt
432 County Road 492, Stephenville, TX, 76401 $249,500 2 1 1,189 1,189 SqFt
2510 County Road 182, Stephenville, TX, 76401 $585,000 4 3 2,040 2,040 SqFt
1565 County Road 233, Stephenville, TX, 76401 $433,000 3 2 1,680 1,680 SqFt
1973 County Road 513, Stephenville, TX, 76401 $1,199,000 4 2 1,939 1,939 SqFt
140 Private Road 1708, Stephenville, TX, 76401 $185,000 1 1 640 640 SqFt
4850 County Road 179, Stephenville, TX, 76401 $415,000 3 2 1,680 1,680 SqFt
11555 N Us Highway 377, Stephenville, TX, 76401 $579,000 3 2 1,792 1,792 SqFt
8441 County Road 176, Stephenville, TX, 76401 $1,985,000 18 10 --
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 06/22/2026 @ 01:07

MLS: 551148263 LISTED BY: Eric Hayden, Ebby Halliday Realtors 254-485-2615 SOURCE: NTREIS - North Texas Real Estate Information

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