1450 Lincoln Drive

Stephenville, Texas 76401

  • 11 Bed(s)
  • 6 Bath(s)
  • 0 Sqft
  • 5
    Acres(Lot)
$999,000

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.

  • Property Type

    Residential Income

  • County

    Erath

  • Style

    Residential Income

  • AD ID

    49484456

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Property Details

  • Bedroom Information

    • Total Bedrooms : 11
    • Window Features: Window Coverings

    Bathroom Information

    • Total Baths: 6
    • Full Baths: 6
    • Half Baths: 0

    Interior Features

    • Decorative Lighting,Eat-in Kitchen

    Appliances

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

    Utilities

    • Private Water,Septic,Well

    Cooling Features

    • Ceiling Fan(s),Central Air

    Heating Source

    • Central,Electric

    Fireplace

    • Number of Fireplaces: 1
    • Fireplace Features: Decorative,Wood Burning,Other

  • Building Information

    • Built Year: 1987
    • Building Area Total: 4,360
    • Construction: Siding,Other
    • Roof Type: Metal,Shingle

    Exterior Features

    • Covered Deck,Covered Patio/Porch,Other

    Foundation

    • Pillar/Post/Pier,Slab

    Patio And Porch

    • Covered,Front Porch,Rear Porch,Screened

    Fencing

    • Back Yard,Chain Link,Wood,Other

    Construction Materials

    • Siding,Other

  • Lot Information

    • Lot Size (Acr): 5.0000
    • Lot Size Units: Acres
    • Lot Size Square Feet: 217800.0000
    • Lot Size Source: Other
    • Lot Features: Acreage,Cleared,Few Trees

    Property Information

    • Property Type: Residential Income
    • Property Sub Type: Multiple Single Units
    • Subdivision: Springfield Park #11
    • City: Stephenville
    • State: Texas
    • Directions: GPS Friendly
    • Property Status: Active

  • Listing Price Information

    • Original List Price: $999,000

    Listing Information

    • Possession: Closing/Funding

  • Tax Information

    • Parcel Number: R000044390
    • Tax Legal Description: ACRES: 5.000 S6410 SPRINGFIELD PARK; LOT 11;
    • Tax Lot: 11
    • Unexempt Taxes: $9,737

  • Parking Information

    • Parking: 6
    • Parking Features: Carport,Common,On Site

    Homeowners Association Information

    • HOA Type: None

  • School Information

    • Elementary School: Central
    • High School: Stephenvil
    • Junior High School: Stephenvil
    • Intermediate School: Gilbert
    • School District: Stephenville ISD

    Utility Information

    • Utilities: Private Water,Septic,Well
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved

BuyOwner last updated this listing 04/26/2025 @ 23:32

  • MLS: 454308424
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: NTREIS - North Texas Real Estate Information

is a Home, with 11 bedrooms which is for sale, it has 0 sqft, 5 sized lot, and 0 parking. are nearby neighborhoods.