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Listing provided courtesy of Majestic Realty Group- MLS# 21289673MLS ProviderContact Information: Josey Key - 254-413-5445

872 W Vanderbilt StreetStephenville, TX 76401

Multi-Family · 8 Beds · 8 Full Baths · 3,552 Sq. ft. | 0.25 Acres
$665,000 Active

872 W Vanderbilt Street Overview

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Great Investment Opportunity Near Tarleton State University! Don't miss this updated 4-plex located within walking distance of Tarleton State University, making it an excellent addition to any investment portfolio. Each of the four units features 2 bedrooms and 2 full bathrooms with modern updates throughout, including granite countertops, luxury vinyl plank flooring, and fresh paint. The functional layouts provide comfortable living spaces that appeal to students, faculty, and local tenants alike. All units come equipped with a refrigerator and stackable washer and dryer, offering added convenience for residents. Outside, tenants can enjoy a shared large fenced backyard, while the property provides 8 dedicated parking spaces in front for ample off-street parking. Whether you're looking to expand your rental portfolio or secure a strong income-producing property in a high-demand location, this well-maintained 4-plex offers exceptional potential just minutes from campus, dining, shopping, and entertainment.

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872 W Vanderbilt Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,552
  • Price/Sq.ft. $187
  • Lot 0.25 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Stephenville ISD
  • Elementary School: Central
  • Middle Or Junior School: Gilbert,Stephenvil
  • High School: Stephenvil

Income/Expenses

  • Gross Income: 58500.0
  • Insurance Expense: 3000.0
  • Net Operating Income: 47500.0
  • Operating Expense Includes: Insurance,Maintenance Grounds,Manager,Pest Control

Building Information

  • Year Built: 2008
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Erath
  • Postal City: STEPHENVILLE
  • Subdivision Name: Park Place Add

Tax Information

  • Tax Annual Amount: 10224.0

General Information

  • Parcel Number: R000073712
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Senior Community: No

Interior

Parking Information

  • Garage: No

Beds/Baths

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

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 3552.0

General Information

  • Appliances: Dishwasher,Electric Range,Electric Water Heater,Microwave,Refrigerator,Washer
  • Basement: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Laminate,Vinyl
  • Foundation Details: Slab
  • Interior Features: Granite Counters
  • Levels: Two
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Concrete
  • Parking Total: 8.0

Lot Information

  • Lot Size Acres: 0.247
  • Lot Size Area: 0.247
  • Lot Size Square Feet: 10759.32
  • Lot Size Units: Acres
  • Number Of Buildings: 1

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: No
  • Construction Materials: Brick
  • Roof: Composition

General Information

  • Carport: No
  • Number Of Units Total: 4
  • Pool Features: None
  • Sewer: Public Sewer
  • Utilities: Sewer 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.

872 W Vanderbilt Street 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


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