Excellent investment opportunity in the heart of Stephenville, just minutes from Tarleton State University. This well-maintained duplex features two spacious units, each offering 3 bedrooms and 1 bathroom—an ideal layout for student housing. The property is currently 100% leased, providing immediate and stable cash flow. Unit A is leased at $1,500 per month through June 30, 2026, and Unit B is leased at $1,400 per month through July 31, 2026. Located in a high-demand rental area popular with Tarleton students, this property benefits from consistent occupancy and strong rental demand. Its proximity to campus, combined with functional floor plans and reliable tenancy, makes it a turnkey addition to any investor’s portfolio. Don’t miss this opportunity to own a performing asset in one of Stephenville’s most sought-after rental locations.
For sale
Price cut: $10K (6/10)
$365,000
1391 N Paddock St, Stephenville, TX 76401
6beds
1,639sqft
Duplex, Multi Family
Built in 1930
-- sqft lot
$342,300 Zestimate®
$223/sqft
$-- HOA
What's special
Well-maintained duplexFunctional floor plansTwo spacious units
- 137 days
- 70
- 4
Zillow last checked:
Listing updated:
Listed by:
Eric Hayden (254)965-7653,
Ebby Halliday Realtors 254-965-7653
Source: NTREIS,MLS#: 21242182
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric, Other
Cooling
- Ceiling Fan(s), Electric, Other, Wall Unit(s)
Appliances
- Included: Electric Range
Features
- Built-in Features, Decorative/Designer Lighting Fixtures, Tile Counters, Cable TV
- Flooring: Tile, Vinyl, Wood
- Windows: Window Coverings
- Has fireplace: No
Interior area
- Total structure area: 1,639
- Total interior livable area: 1,639 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Attached Carport, Additional Parking, Covered, Carport, Driveway, On Site, Outside
- Carport spaces: 2
Features
- Levels: One
- Stories: 1
- Exterior features: Other
- Pool features: None
- Fencing: Chain Link,Privacy,Wood
Lot
- Size: 7,405 Square Feet
- Features: Back Yard, Corner Lot, Lawn, Few Trees
Details
- Parcel number: R000031157
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Brick
- Foundation: Slab
- Roof: Metal
Condition
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available, Cable Available
Community & HOA
Community
- Subdivision: Crow Styles Add
HOA
- Has HOA: No
Location
- Region: Stephenville
Financial & listing details
- Price per square foot: $223/sqft
- Tax assessed value: $243,420
- Annual tax amount: $4,077
- Date on market: 4/21/2026
- Cumulative days on market: 138 days
- Listing terms: Cash,Conventional
Estimated market value
$342,300
$325,000 - $359,000
$1,441/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Price change | $365,000-2.7%$223/sqft |
Source: NTREIS #21242182 Report a problem | ||
| 4/21/2026 | Listed for sale | $375,000+17.2%$229/sqft |
Source: NTREIS #21242182 Report a problem | ||
| 5/9/2024 | Sold | -- |
Source: NTREIS #20555686 Report a problem | ||
| 5/6/2024 | Pending sale | $320,000$195/sqft |
Source: NTREIS #20555686 Report a problem | ||
| 4/5/2024 | Contingent | $320,000$195/sqft |
Source: NTREIS #20555686 Report a problem | ||
| 3/8/2024 | Listed for sale | $320,000+10.3%$195/sqft |
Source: NTREIS #20555686 Report a problem | ||
| 4/18/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 4/8/2022 | Listed for rent | $1,200+14.3%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 1/23/2022 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/25/2021 | Listed for sale | $290,000$177/sqft |
Source: Owner Report a problem | ||
| 2/28/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/10/2020 | Listing removed | $1,050$1/sqft |
Source: Owner Report a problem | ||
| 5/31/2020 | Price change | $1,050+2.9%$1/sqft |
Source: Owner Report a problem | ||
| 4/12/2020 | Listed for rent | $1,020+4.1%$1/sqft |
Source: Owner Report a problem | ||
| 12/22/2019 | Listing removed | $980$1/sqft |
Source: Owner Report a problem | ||
| 11/21/2019 | Listed for rent | $980+8.9%$1/sqft |
Source: Owner Report a problem | ||
| 1/17/2019 | Listing removed | $900$1/sqft |
Source: Owner Report a problem | ||
| 1/12/2019 | Listed for rent | $900$1/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $243,420 +90.9% |
| 2024 | $2,218 -0.7% | $127,490 +1.1% |
| 2023 | $2,234 +4% | $126,050 +15.2% |
| 2022 | $2,147 +36.1% | $109,410 +44.2% |
| 2021 | $1,577 -2.5% | $75,890 |
| 2020 | $1,617 +13.4% | $75,890 +17.5% |
| 2019 | $1,426 +7.6% | $64,570 |
| 2018 | $1,325 | $64,570 +7% |
| 2017 | $1,325 +4.6% | $60,340 +5.1% |
| 2016 | $1,266 +41.3% | $57,390 +29.7% |
| 2015 | $896 | $44,250 +9% |
| 2014 | $896 | $40,600 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 76401
Nearby schools
Schools provided by the listing agent
- Elementary: Chamberlai
- Middle: Gilbert,Stephenvil
- High: Stephenvil
- District: Stephenville ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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