Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Reload
 
Listing provided courtesy of Ebby Halliday Realtors- MLS# 21253393MLS ProviderContact Information: Brittany Elkins - (254) 965-7653

1450 (A) Lincoln DriveStephenville, TX 76401

Multi-Family · 8 Beds · 4 Full Baths · 3,240 Sq. ft. | 3.00 Acres
$675,000 Active

1450 (A) Lincoln Drive Overview

Visits:
12

Turnkey Investment Property with Expansion Potential on 3 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. Outside if you need room to expand with more facilities or even build another quadplex. This property has maintained occupancy, has a new well for the quadplex units, and is income producing perfect for your investment portfolio.

Virtual Tour
Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

1450 (A) Lincoln Drive Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,240
  • Price/Sq.ft. $208
  • Lot 3.00 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Stephenville ISD
  • Elementary School: Central
  • High School: Stephenvil

Income/Expenses

  • Operating Expense Includes: Insurance,Other

Building Information

  • Year Built: 1987
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Erath
  • Postal City: STEPHENVILLE
  • Subdivision Name: Springfield Park #11

Tax Information

  • Tax Annual Amount: 9737.0

General Information

  • Exclusions: All personal items for the tenants
  • Parcel Number: R000044390
  • Property Type: Residential Income
  • Senior Community: No

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total: 4
  • Bedrooms Total: 8

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 3240.0

General Information

  • Appliances: Dryer,Electric Oven,Electric Range
  • Basement: No
  • Fireplace Features: Decorative,Other,Wood Burning
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Concrete,Vinyl
  • Foundation Details: Pillar/Post/Pier,Slab
  • Interior Features: Decorative/Designer Lighting Fixtures,Eat-in Kitchen
  • Levels: One
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Common,On Site
  • Parking Total: 4.0

Lot Information

  • Lot Features: Acreage,Cleared,Few Trees
  • Lot Size Acres: 3.0
  • Lot Size Area: 3.0
  • Lot Size Source: Other
  • Lot Size Square Feet: 130680.0
  • Lot Size Units: Acres
  • Number Of Buildings: 4
  • Water Source: Well

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: No
  • Construction Materials: Other
  • Patio And Porch Features: Front Porch
  • Roof: Metal,Shingle

General Information

  • Exterior Features: Other
  • Fencing: Back Yard,Other,Wood
  • Number Of Units Total: 4
  • Pool Features: None
  • Sewer: Septic Tank
  • Utilities: Septic Available,Water Available

Unit Information

Unit 1 Details

  • Unit Type: 2 Bedroom
  • Units Total: 4

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1450 (A) Lincoln Drive Market Data

Based on the last 30 days in this zip code

$631,349
Average List Price
$298
Average Price per Square Foot
32
Properties Sold
125
Average Days on Market
210
Properties for Sale
Calculations provided by Reliance Network


Prosperity Home Mortgage, LLC

Prosperity Home Mortgage, LLC

When you decide to buy a home or refinance your mortgage, your search should start and end here. At Prosperity Home Mortgage, LLC, we strive to create an extraordinary customer experience through the efforts of knowledgeable and caring mortgage professionals where relationships are valued, and the focus is on treating every client as if they were the only client. Choose a lender you can trust to find the mortgage loan that best suits your needs.


HomeServices Insurance

HomeServices Insurance

HomeServices Insurance is an independent agency that operates through a network of offices located throughout the northern Texas area.  As a full-service operation, we offer a full suite of quality insurance solutions including home, auto, umbrella, and more.  We have established long term relationships with many of the top national and regional carriers in the country, bringing you the power of choice when it comes to your personal insurance needs.