Active

1450 (A) Lincoln Drive

Stephenville, Texas 76401

$675,000 $2,845/Mo

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Overview

Bed

Bath

Acres(Lot)

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.

Property Details

Property Type : Residential Income

Price : $675,000

AD Id : 77919788

MLS Id : 560257544

Beds : 8

Lot Size : 3 Acres

Year Built : 1987

County : Erath

Subdivision: Garden Vly West

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 8

Bathroom Information

Total Baths: 4 Full Baths: 4 Half Baths: 0
Interior Features

Decorative Lighting,Eat-in Kitchen

Appliances

Dryer,Electric Oven,Electric Range,Other

Utilities

Septic,Well
Cooling Features

Ceiling Fan(s),Central Air

Heating Source

Central,Electric

Fireplace

Number of Fireplaces: 1 Fireplace Features: Decorative,Wood Burning,Other

Building Information

Built Year: 1987 Building Area Total: 3,240 Construction: Siding,Other Roof Type: Metal,Shingle
Exterior Features

Other

Foundation

Pillar/Post/Pier,Slab
Patio And Porch

Front Porch

Fencing

Back Yard,Wood,Other

Construction Materials

Siding,Other

Lot Information

Lot Size (Acr): 3.0000 Lot Size Units: Acres Lot Size Square Feet: 130,680 Lot Size Source: Other Lot Features: Acreage,Cleared,Few Trees
Property Information

Property Type: Residential Income Property Sub Type: Multiple Single Units Subdivision: Springfield Park #11 City: Stephenville State: Texas Directions: GPS Friendly Property Status: Active Exclusions: All personal items for the tenants Levels: One Property Age: 39 Year Built Details: Preowned

Listing Price Information

Original List Price: $675,000
Listing Information

Possession: Closing/Funding

Tax Information

Parcel Number: R000044390 Tax Legal Description: ACRES: 5.000 S6410 SPRINGFIELD PARK; LOT 11; Tax Lot: 11 Unexempt Taxes: $9,737

Parking Information

Parking: 4 Parking Features: Common,On Site
Homeowners Association Information

HOA Type: None

School Information

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

Utilities: Septic,Well

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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	2	1	1,100	1,100 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	$1,250,000	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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ByOwner last updated this listing 06/10/2026 @ 07:17

MLS: 560257544 LISTED BY: Brittany Elkins, Ebby Halliday Realtors 254-979-6294 SOURCE: NTREIS - North Texas Real Estate Information