BEDS11
BATHS6 full
MLS#20913268
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONSpringfield Park #11
SCHOOLStephenville ISD
Property Description
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 investment portfolio.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Ceiling Fan(s), Central Air
Fireplaces: 1
Heating: Central, Electric
Lot Size: 5.00 Acres
Roof Type: Metal, Shingle
Year Built: 1987
Amenities
Decorative Lighting
Eat-in Kitchen
Covered Deck
Covered Patio/Porch
Other
Feature Descriptions
Appliances: Dryer, Electric Oven, Electric Range, Gas Cooktop, Refrigerator, Washer, Other
Days on Site: 315
Exclusions: All personal items for the tenants
Exterior: Siding, Other
Fencing: Back Yard, Chain Link, Wood, Other
Fireplace: Decorative, Wood Burning, Other
Flooring: Concrete, Luxury Vinyl Plank, Other, Vinyl
Lot: Acreage, Cleared, Few Trees
Parcel#: R000044390
Parking: Carport, Common, On Site
Parking Notes: Carport, Common, On Site
Patio/Porch: Covered, Front Porch, Rear Porch, Screened
Units: 5
Utilities: Private Water, Septic, Well
Window: Window Coverings
Local Schools
Elementary School: Central
School District: Stephenville ISD
Listed By / Shown By
Listed By
Agency Name: Ebby Halliday Realtors
Agency Contact: (254) 965-7653
Agent Name: Brittany Elkins
Shown By
Agent Name: Justin Edwards
Agent Phone: (254) 749-7187
Agency Title: Kelly, Realtors
Estimate Your Payment
Estimated Payment
$ 0.00 per month $0.00 Principal & Interest $0.00 Property Tax (data not provided by mls) $0.00 Homeowner's Insurance
1450 Lincoln Drive | MLS# 20913268
This multi-family property located at 1450 Lincoln Drive, Stephenville, TX 76401 is currently listed for sale with an asking price of call for price. Lincoln Drive is located within the Stephenville ISD school district. Search Stephenville real estate on justinedwards.kellyrealtors.com today.