1425 Groesbeck ST new Save Request In-Person Tour Request Virtual Tour
Stephenville,TX 76401
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,580 sqft
Price per Sqft $195
Subdivision S6200 South Side Addition
MLS Listing ID 20975651
Bedrooms 9
Full Baths 3
HOA Y/N No
Year Built 1930
Annual Tax Amount $10,162
Lot Size 0.910 Acres
Acres 0.91
Property Description
Investor opportunity: 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!
Location
State TX
County Erath
Community Curbs
Direction GPS Friendly
Interior
Interior Features Eat-in Kitchen,High Speed Internet,Cable TV
Heating Central,Electric
Cooling Central Air,Ceiling Fan(s),Electric
Flooring Carpet,Laminate,Tile,Wood
Fireplace No
Window Features Window Coverings
Appliance Dishwasher,Electric Range,Electric Water Heater,Disposal,Gas Water Heater
Exterior
Exterior Feature Fire Pit,Storage
Parking Features Driveway,Parking Pad,On Street
Fence Chain Link,Privacy,Wood
Pool None
Community Features Curbs
Utilities Available Sewer Available,Water Available,Cable Available
Water Access Desc Public
Roof Type Composition,Metal
Porch Covered
Total Parking Spaces 6
Garage No
Building
Lot Description Back Yard,Lawn,Few Trees
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
Level or Stories One
Schools
Elementary Schools Chamberlai
High Schools Stephenvil
School District Stephenville Isd
Others
Tax ID R000033651
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20975651