1450 Lincoln DR new Save Request In-Person Tour Request Virtual Tour
Stephenville,TX 76401
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,360 sqft
Price per Sqft $229
Subdivision Springfield Park #11
MLS Listing ID 20913268
Bedrooms 11
Full Baths 6
Year Built 1987
Annual Tax Amount $9,737
Lot Size 5.000 Acres
Property Description
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
State TX
County Erath
Interior
Heating Central,Electric
Cooling Central Air,Ceiling Fan(s)
Flooring Concrete,Luxury Vinyl Plank,Other,Vinyl
Fireplaces Number 1
Fireplaces Type Decorative,Other,Wood Burning
Exterior
Exterior Feature Deck,Other
Parking Features Common,Carport,On Site
Fence Back Yard,Chain Link,Other,Wood
Pool None
Utilities Available Septic Available,Water Available
Roof Type Metal,Shingle
Building
Lot Description Acreage,Cleared,Few Trees
Foundation Pillar/Post/Pier,Slab
Sewer Septic Tank
Water Private,Well
Schools
Elementary Schools Central
High Schools Stephenvil
School District Stephenville Isd
Others
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20913268