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9 Beds
3 Baths
3,580 sqft

$588,000

1425, 1435, 420 Groesbeck & Lillian, Stephenville TX, 76401

Price per sqft$164.25
Built in1910
Property size3,580 sqft
Property typeResidential

Overview

Active

Updated 2 weeks ago

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 the next year, 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!

$3,912/mo

Est. mortgage payment based on a $588,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
21174858

Interior Features

Bedrooms
9
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.91 Acres

Other Property Details

Taxes
$10,162
Tax Frequency
Annually

Listed by Eric Hayden with Ebby Halliday Realtors
Listing Contact: (254) 965-7653 

The IDX display contains information sourced from the North Texas Real Estate Information Systems, Inc. as of 9/25/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 9/25/2026 at 3:40 AM UTC

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