Homes for sale - 1450 Lincoln Drive, Stephenville, TX 76401

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Marissa Fontanez

[email protected] +1(214) 789-9187

$999,000

Est. payment - /mo

11 Beds

6 Baths

5 Acres Lot

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Key Details

Property Type Single Family Home

Sub Type Multiple Single Units

Listing Status Active

Purchase Type For Sale

Subdivision Springfield Park #11

MLS Listing ID 20913268

Bedrooms 11

Full Baths 6

HOA Y/N None

Total Fin. Sqft 4360

Year Built 1987

Annual Tax Amount $9,737

Lot Size 5.000 Acres

Acres 5.0

Property Sub-Type Multiple Single Units

Property Description

Turnkey Investment Property with Expansion Potential on 5 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. In addition, the property includes a fully remodeled manufactured home with 3 bedrooms, 2 baths, screened porch and its own fenced yard, ideal as an owner's residence, rental, or guest space.
Outside amenities include a 6-stall barn, arena, loafing sheds, and room to expand with more facilities or even an additional quadplex. This property has maintained occupancy, has a new well for the quadplex units, and is income producing perfect for your investment portfolio.

Location

State TX

County Erath

Direction GPS Friendly

Interior

Interior Features Decorative Lighting, Eat-in Kitchen

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air

Flooring Concrete, Luxury Vinyl Plank, Other, Vinyl

Fireplaces Number 1

Fireplaces Type Decorative, Wood Burning, Other

Appliance Dryer, Electric Oven, Electric Range, Gas Cooktop, Refrigerator, Washer, Other

Heat Source Central, Electric

Exterior

Exterior Feature Covered Deck, Covered Patio/Porch, Other

Carport Spaces 2

Fence Back Yard, Chain Link, Wood, Other

Utilities Available Private Water, Septic, Well

Roof Type Metal,Shingle

Total Parking Spaces 2

Garage No

Building

Lot Description Acreage, Cleared, Few Trees

Story One

Foundation Pillar/Post/Pier, Slab

Level or Stories One

Structure Type Siding,Other

Schools

Elementary Schools Central

High Schools Stephenvil

School District Stephenville Isd

Others

Ownership See Tax

Special Listing Condition Aerial Photo, Survey Available

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20913268

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Brittany Elkins • Ebby Halliday Realtors

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As a resident of the Lakewood/East Dallas community Marissa can provide personal insight into our neighborhood. As a native of Dallas, Marissa attended SMU to obtain her business degree from the Cox School of Business, after 10 years in corporate America her experience in negotiating with International firms transfers directly into her real estate business. High Integrity, honesty, and a passion for people make working with Marissa a delight. As a by-referral realtor Marissa is 100% committed to you and your real estate goals. Marissa has extensive sales knowledge in various areas of the metroplex including, but not limited to Lakewood, Preston Hollow, Park Cities, Hollywood Heights, M Streets, and Lake Highlands.

+1(214) 789-9187

[email protected]

6301 Gaston, Dallas, Texas, 75214, United States

1450 Lincoln Drive Stephenville, TX 76401