Land with Home for Sale in Stephenville, Texas
1450 Lincoln Dr, Stephenville, TX 76401
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.
Location
- Street address
- 1450 Lincoln Dr
- County
- Erath County
- Community
- Springfield Park #11
- Elevation
- 1,293 feet
Property details
- Acreage
- 5 acres
- MLS #
- NTREIS 20913268
- Posted
Parcels
- R000044390
Legal description
ACRES: 5.000 S6410 SPRINGFIELD PARK; LOT 11;
Resources
Details and features
Listing
- Type
- Residential Multi Family
Exterior
- Parking Spaces
- 6
- Parking
- Carport
- Fencing
- Fenced
- Outdoor Spaces
- Deck, Patio, Porch
- Features
- Covered Deck, Covered Patio/Porch, Fence
Structure
- Stories
- 1
- Heating
- Central, Electric, Fireplace(s)
- Cooling
- Ceiling Fan(s), Central Air
- Roof
- Metal, Shingle
Interior
- Rooms
- Bathroom x 5, Bedroom x 5
- Flooring
- Concrete, Vinyl
- Appliances
- Cooktop, Dryer, Gas Cooktop, Range, Refrigerator
- Features
- Decorative Lighting, Eat-In Kitchen
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Central | Elementary | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Apr 25, 2025 | New listing | $999,000 | — | NTREIS |
