For sale

Price cut: $30K (8/21)

$620,000

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

9beds

3,580sqft

$4,319/mo

Get pre-qualified

Multi Family

Built in 1910

-- sqft lot

$-- Zestimate^®

$173/sqft

$-- HOA

What's special

Three bedrooms

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!

72 days
81
3

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 9
Bathrooms: 3
Full bathrooms: 3

Heating

Central, Electric

Cooling

Central Air, Ceiling Fan(s), Electric

Appliances

Included: Dishwasher, Electric Range, Electric Water Heater, Disposal, Gas Water Heater

Features

Eat-in Kitchen, High Speed Internet, Cable TV
Flooring: Carpet, Laminate, Tile, Wood
Windows: Window Coverings

Interior area

Total structure area: 3,580
Total interior livable area: 3,580 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 3
Parking features: Driveway, Gravel, On Site, Outside, On Street

Features

Levels: One
Stories: 1
Patio & porch: Patio, Covered
Exterior features: Fire Pit, Storage
Pool features: None
Fencing: Chain Link,Fenced,Other,Privacy,Wood

Lot

Size: 0.91 Acres
Features: Back Yard, Interior Lot, Lawn, Few Trees

Details

Parcel number: R000033651

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Wood Siding
Foundation: Pillar/Post/Pier
Roof: Composition,Metal

Condition

Resale
Year built: 1910

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Sewer Available, Water Available, Cable Available

Community & HOA

Community

Features: Curbs
Subdivision: S6200 South Side

HOA

Has HOA: No

Location

Region: Stephenville

Financial & listing details

Price per square foot: $173/sqft
Annual tax amount: $10,162
Date on market: 6/19/2026
Cumulative days on market: 161 days
Listing terms: Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

$1,154/mo

Price history

Date	Event	Price
8/21/2026	Price change	$620,000-4.6%$173/sqft
Source: NTREIS #21174858 Report a problem
6/19/2026	Listed for sale	$650,000$182/sqft
Source: NTREIS #21174858 Report a problem
5/12/2026	Listing removed	$650,000$182/sqft
Source: Ebby Halliday Realtors #21174858 Report a problem
2/12/2026	Listed for sale	$650,000$182/sqft
Source: NTREIS #21174858 Report a problem