Stephenville, TX 76401,1435 and 1425 Groesbeck ST
Stephenville, TX 76401,1435 and 1425 Groesbeck ST
Stephenville, TX 76401,1435 and 1425 Groesbeck ST
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$550,000
Est. payment /mo
6 Beds
2 Baths
1,380 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,380 sqft

Price per Sqft $398

Subdivision South Side Addition

MLS Listing ID 21091584

Bedrooms 6

Full Baths 2

HOA Y/N No

Year Built 1954

Lot Size 0.680 Acres

Acres 0.68

Property Description

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!

Location

State TX

County Erath

Direction GPS Friendly; SOP

Interior

Interior Features Built-in Features, High Speed Internet, Cable TV

Heating Central, Electric

Cooling Central Air, Ceiling Fan(s), Electric

Flooring Carpet, Laminate, Wood

Fireplace No

Window Features Window Coverings

Appliance Gas Range

Exterior

Exterior Feature Storage

Parking Features Driveway, On Street

Fence Chain Link, Privacy

Pool None

Utilities Available Sewer Available, Water Available, Cable Available

Water Access Desc Public

Roof Type Composition

Porch Front Porch, Patio, Covered

Total Parking Spaces 4

Garage No

Building

Lot Description Back Yard, Cleared, Lawn, Few Trees

Foundation Pillar/Post/Pier

Sewer Public Sewer

Water Public

Level or Stories One

Schools

Elementary Schools Chamberlai

High Schools Stephenvil

School District Stephenville Isd

Others

Tax ID R000033650

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21091584


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1435 and 1425 Groesbeck ST

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