1450 Lincoln Drive
Stephenville, Texas 76401
11
Bed
6
Bath
5Acres(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 11Bathroom Information
Total Baths: 6 Full Baths: 6 Half Baths: 0 -
Interior Features
Decorative Lighting,Eat-in KitchenAppliances
Dryer,Electric Oven,Electric Range,Gas Cooktop,Refrigerator,Washer,OtherUtilities
Private Water,Septic,Well -
Cooling Features
Ceiling Fan(s),Central AirHeating Source
Central,ElectricFireplace
Number of Fireplaces: 1 Fireplace Features: Decorative,Wood Burning,Other
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Building Information
Built Year: 1987 Building Area Total: 4,360 Construction: Siding,Other Roof Type: Metal,Shingle -
Exterior Features
Covered Deck,Covered Patio/Porch,OtherFoundation
Pillar/Post/Pier,Slab -
Fencing
Back Yard,Chain Link,Wood,OtherConstruction Materials
Siding,Other
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Lot Information
Lot Size (Acr): 5.0000 Lot Size Units: Acres Lot Size Square Feet: 217,800 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
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Listing Price Information
Original List Price: $950,000 -
Listing Information
Possession: Closing/Funding
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Tax Information
Parcel Number: R000044390 Tax Legal Description: ACRES: 5.000 S6410 SPRINGFIELD PARK; LOT 11; Tax Lot: 11 Unexempt Taxes: $9,737
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Parking Information
Carport Spaces: 2 Parking: 6 Parking Features: Carport,Common,On Site -
Homeowners Association Information
HOA Type: None
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School Information
Elementary School: Central High School: Stephenvil Junior High School: Stephenvil Intermediate School: Gilbert School District: Stephenville ISD -
Utility Information
Utilities: Private Water,Septic,Well
How much is this property worth?
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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 |
| 1470 Private Road 701, Stephenville, TX, 76401 | $350,000 | 2 | 1 | 1,290 | 1,290 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 |
| 4611 County Road 226, Stephenville, TX, 76401 | $280,000 | 2 | 2 | 1,248 | 1,248 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 | $170,000 | 1 | 1 | 640 | 640 SqFt |
| 4850 County Road 179, Stephenville, TX, 76401 | $415,000 | 3 | 2 | 1,680 | 1,680 SqFt |
| 8441 County Road 176, Stephenville, TX, 76401 | $1,985,000 | 18 | 10 | -- | |
| 900 Lookout Point, Stephenville, TX, 76401 | $439,900 | 3 | 3 | 1,584 | 1,584 SqFt |
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ByOwner last updated this listing 07/19/2026 @ 12:49
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