For sale

$547,997

405 W Elm St, Stephenville, TX 76401

6beds

2,392sqft

$4,034/mo

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Duplex, Single Family Residence

Built in 2026

8,712 Square Feet Lot

$531,600 Zestimate^®

$229/sqft

$-- HOA

What's special

Brand new construction duplex located just 1 mile from Tarleton State University! Each side features 3 bedrooms and 3 full bathrooms, with a private bathroom for every bedroom an ideal setup for student housing or individual room rentals. With rental rates in Stephenville averaging approximately $900 per room, this property offers an attractive investment opportunity with strong income potential. Don't miss your chance to own a low maintenance, new construction investment property in a prime location near campus! With 6 total bedrooms and strong demand near Tarleton State University, this is a great investment opportunity!

11 days
217
21

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 6
Full bathrooms: 6

Primary bedroom

Level: First
Dimensions: 14 x 12

Primary bathroom

Level: First
Dimensions: 10 x 8

Living room

Level: First
Dimensions: 15 x 13

Appliances

Included: Dishwasher, Electric Range, Microwave

Features

Granite Counters, Walk-In Closet(s)
Has basement: No
Has fireplace: No

Interior area

Total interior livable area: 2,392 sqft

Video & virtual tour

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Property

Parking

Parking features: Additional Parking

Features

Levels: One
Stories: 1
Pool features: None

Lot

Size: 8,712 Square Feet

Details

Parcel number: R000031401

Construction

Type & style

Home type: SingleFamily
Property subtype: Duplex, Single Family Residence
Attached to another structure: Yes

Condition

Year built: 2026

Utilities & green energy

Water: Public
Utilities for property: Electricity Available, Water Available

Community & HOA

Community

Subdivision: Frey Addition

HOA

Has HOA: No

Location

Region: Stephenville

Financial & listing details

Price per square foot: $229/sqft
Tax assessed value: $59,260
Annual tax amount: $992
Date on market: 10/30/2026
Cumulative days on market: 12 days

Estimated market value

$531,600

$505,000 - $558,000

$1,831/mo

Price history

Date	Event	Price
10/30/2026	Listed for sale	$547,997$229/sqft
Source: NTREIS #21424866 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$992 -3.8%	$59,260
2024	$1,031 -1.8%	$59,260
2023	$1,050 -5%	$59,260 +5.2%
2022	$1,105 +56.5%	$56,310 +65.7%
2021	$706 -24.2%	$33,980 -22.2%
2020	$931 +13.7%	$43,700 +17.9%
2019	$819 +11.3%	$37,080 +1.2%
2018	$736	$36,630 +9.3%
2017	$736 +5.6%	$33,510 +6.1%
2016	$697 0%	$31,590
2015	$697	$31,590
2014	$697	$31,590