1425-1435 Groesbeck, Stephenville, Texas

$499,000
Active
1425-1435 Groesbeck, Stephenville, Texas
1425-1435 Groesbeck, Stephenville, Texas
1425-1435 Groesbeck, Stephenville, Texas
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Property Details

MLS ID: 21253345
Status: Active
Price: $499,000
Acres: 0.69±
Type: Residential
Address: 1425-1435 Groesbeck
City, State: Stephenville, TX
County: Erath County
ZIP Code: 76401
Lat/Long: 32.20882, -98.21236
Parcel Number: R000033650
Bedrooms: 6
Bathrooms: 2
SqFt: 2,416
Year Built: 1954

Description

Prime Multi-family investment opportunity! Two home bundle sitting on a combined .69 acre lot if replatted, and already zoned R-3. Unlock the perfect blend of steady cash flow and long-term development potential with this rare two home bundle! Both homes feature three bedrooms and 1 full bathroom, and are tenant occupied. Replat and build a multi-family complex while collecting rental income during the planning phase! You'll appreciate the solid location just minutes from the ever growing Tarleton State University. With increasing rental demand, you can rest assured your investment delivers versatility and value. Whether you're looking to expand your rental portfolio or break ground on your next development, you'll want to see this one. Schedule your showing today!

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Steve Ruffner, DVM

Steve Ruffner, DVM

Capitol Ranch Real Estate, LLC

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Steve Ruffner, DVM
Steve Ruffner, DVM
Capitol Ranch Real Estate, LLC
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Listed By: Eric Hayden of Ebby Halliday Realtors