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214-760-6770 - DFW
903-560-4975 - Fannin County

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$550,000
11 Days On Site

1435 and 1425 Groesbeck Street
Stephenville, TX 76401

For Sale|Multi Family|Active
6
Beds
2
Total Baths
2
Full Baths
1,380
SqFt
$399
/SqFt
1954
Built
Subdivision:
SOUTH SIDE ADDITION
County:
Erath
Call Now: 214-760-6770
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214-760-6770
1435 and 1425 Groesbeck Street1435 and 1425 Groesbeck Street1435 and 1425 Groesbeck Street1435 and 1425 Groesbeck Street
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Prime Multi-family investment opportunity! Two home bundle sitting on a combined .68 acre lot if replatted, and already zoned R-3. Unlock the perfect blend of steady cash flow and long-term development potential with this rare two home bundle! Both homes feature three bedrooms and 1 full bathroom, and are tenant occupied throughout the next year, bringing you immediate rental income from day one. Replat and build a multi-family complex while collecting rental income during the planning phase! You'll appreciate the solid location just minutes from the ever growing Tarleton State University. With increasing rental demand, and stable tenants, you can rest assured your investment delivers versatility and value. Whether you're looking to expand your rental portfolio or break ground on your next development, you'll want to see this one. Schedule your showing today!

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Listing Snapshot
Price 
$550,000
Days On Site 
11 Days
Bedrooms 
6
Inside Area (SqFt) 
1,380 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.68 Acres
Year Built 
1954
MLS® Number 
21091584
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
0.68
Foundation 
Pillar/Post/Pier
Levels 
One
Parking 
DrivewayOn Street
Parking Spaces 
4
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
1380
Utilities 
Cable Available
Water Source 
Public
Interior Features
Appliances 
Gas Range
Cooling 
Ceiling Fan(s)Central AirElectric
Flooring 
CarpetLaminateWood
Heating 
CentralElectric
Interior 
Built-in FeaturesHigh Speed Internet
Window Features 
Window Coverings
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Exterior Features
Construction Details 
Wood SidingVinyl Siding
Exterior 
Storage
Fencing 
Chain LinkPrivacy
Lot Features 
ClearedFew Trees
Patio And Porch 
CoveredFront PorchPatio
Roof 
Composition
Windows/Doors 
Window Coverings
Community Features
Financing Terms Available 
CashConventional
School District 
Stephenville ISD
Schools
School District
Stephenville ISD
Elementary School
Chamberlai
Middle School
Stephenvil
High School
Stephenvil
Listing courtesy of Eric Hayden of Ebby Halliday Realtors erichayden@ebby.com



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2025-11-05 06:11 AM CST

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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