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29834434
29834436

1425 Groesbeck St, Stephenville, TX 76401 For Sale

EH
0606910
Ebby Halliday Realtors
Listed by Ebby Halliday Realtors
$650,000
148 days on market
Updated 45 days ago

1425, 1435, 420 Groesbeck & Lillian, Stephenville, TX

Details
Property Type Multifamily
Sub Type Student Housing
Square Footage 3,580
Net Rentable (SqFt) 3,580
Units 3
Beds 9
Occupancy 100%
Price per SqFt $182
Buildings 3
Acreage 0.910
Zoning R-3 Multifamily
Investment Type Redevelopment

Multifamily | 3 Units | $216,667/unit

Marketing description

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 June 30, 2026, 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!

Investment highlights

Multi-family zoning, tenant occupied, close to campus.

Listing Contacts

EH
0606910
Ebby Halliday Realtors
Listed by Ebby Halliday Realtors

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