Next Level Realty

1425-1435 Groesbeck Street

Stephenville, TX 76401

MLS#: 21253345

$499,000

Status: Active
Listing number: 21253345
Listing provided by: Ebby Halliday Realtors
Listing agent phone: None
Last update: N/A
On site: a month ago
Browse Properties
SOUTH SIDE ADDITION - Residential Income

Property

Beds

6

Full Baths

2

1/2 Baths

None

Year Built

1954

Sq.Footage

2,416

Prime Multi-family investment opportunity! Two home bundle sitting on a combined .69 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. 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, 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!

Features & Amenities

Interior

  • Other Interior Features

    Built-in Features, High Speed Internet

  • Total Bedrooms

    6

  • Bathrooms

    2

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s), Central Air, Electric

  • Heating YN

    YES

  • Heating

    Central, Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Wood Siding, Vinyl Siding

  • Other Exterior Features

    Storage

  • Parking

    Driveway, On Site, On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Cleared, Few Trees, Interior Lot

  • Lot Size(acres)

    0.688

  • Lot Size(square feet)

    29969.28

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

Price

  • Sales Price

    $499,000

  • Tax Amount

    $7,603

  • Sq. Footage

    2, 416

  • Price/SqFt

    $206

HOA

  • Association

    No

School District

  • Elementary School

    Chamberlai

  • Middle School

    Stephenvil

  • High School

    Stephenvil

Property Features

  • Foundation Details

    Pillar/Post/Pier

  • Sewer

    Public Sewer

  • Tax Lot

    6B, 7A

  • Water Source

    Public

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Location

County

Erath

Elementary School

Chamberlai

Middle School

Stephenvil

High School

Stephenvil

Listing Courtesy of Eric Hayden , Ebby Halliday Realtors

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Agent Joe Boston

AGENT

Joe Boston

Call Joe today to schedule a private showing.

(817) 881-7100

joesrentalprops@gmail.com


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Prime Multi-family investment opportunity! Two home bundle sitting on a combined .69 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. 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, 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!

1425-1435 Groesbeck Street

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