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$700,000

Est. payment - /mo

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9 Beds

3 Baths

3,580 SqFt

Active

1425 Groesbeck Street Stephenville, TX 76401

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Key Details

Property Type Single Family Home

Sub Type Multiple Single Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,580 sqft

Subdivision S6200 South Side Addition

MLS Listing ID 20975651

Bedrooms 9

Full Baths 3

HOA Y/N None

Total Fin. Sqft 3580

Year Built 1930

Annual Tax Amount $10,162

Lot Size 0.910 Acres

Acres 0.91

Property Sub-Type Multiple Single Units

Property Description

Investor opportunity: 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!

Location

State TX

County Erath

Direction GPS Friendly

Interior

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

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Carpet, Laminate, Tile, Wood

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

Heat Source Central, Electric

Exterior

Exterior Feature Covered Patio/Porch, Fire Pit, Storage

Fence Chain Link, Privacy, Wood

Utilities Available City Sewer, City Water, Concrete, Curbs

Roof Type Composition,Metal

Garage No

Building

Lot Description Few Trees, Lrg. Backyard Grass

Story One

Foundation Pillar/Post/Pier

Level or Stories One

Structure Type Siding

Schools

Elementary Schools Chamberlai

High Schools Stephenvil

School District Stephenville Isd

Others

Ownership 1425 Groesbeck, LLC

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20975651

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Eric Hayden • Ebby Halliday Realtors

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LINK'D REALTY

+1(210) 687-3271

1425 Groesbeck Street Stephenville, TX 76401

LINK'D REALTY

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1425 Groesbeck Street