Stephenville, TX 76401,1425 Groesbeck ST
Stephenville, TX 76401,1425 Groesbeck ST
Stephenville, TX 76401,1425 Groesbeck ST
40
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$700,000
Est. payment /mo
9 Beds
3 Baths
3,580 SqFt
New

1425 Groesbeck ST Stephenville, TX 76401

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Jonathon Villaescusa

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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


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agent

Jonathon Villaescusa

Agent | CA DRE#CA DRE#01900156, TX LIC#820265

+1(254) 447-7514

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1425 Groesbeck ST