CASH FLOW TODAY, EXPANSION TOMORROW!!! 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 backyardsperfect 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.
| MLS # | 21266459 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1987 |
| Days On Site | 118 |
| Listing Provided By | Ebby Halliday Realtors | Brittany Elkins |
| Bed(s) | 11 |
|---|---|
| Bath(s) | 6 Total |
| Car Port | Yes |
| Story(s) | 1 |
| Units | 2 |
| Building(s) | 5 |
| Acreage | 5.00 |
| Cooling | Ceiling Fan(s), Central Air |
|---|---|
| Heating | Central, Electric |
| Interior Features | Decorative Lighting, Eat-in Kitchen |
| Appliances | Dryer, Electric Oven, Electric Range, Gas Cooktop, Refrigerator, Washer, Other |
| Fireplace Features | Decorative, Wood Burning, Other |
| Exterior Features | Covered Deck, Covered Patio/Porch, Other |
|---|---|
| Roof | Metal, Shingle |
| Construction Materials | Siding, Other |
| Foundation Details | Pillar/Post/Pier, Slab |
| Lot Features | Acreage, Cleared, Few Trees |
| Garage Yn | 0 |
|---|---|
| Attached Garage Yn | 0 |
| Parking Features | Carport, Common, On Site |
| Utilities | Private Water, Septic, Well |
|---|
| Unexempt Taxes | 9737 |
|---|---|
| Tax Lot | 11 |
| Tax Legal Description | ACRES: 5.000 S6410 SPRINGFIELD PARK; LOT 11; |
| State | TX |
|---|---|
| County | Erath |
| City | Stephenville |
| Zip Code | 76401 |
| Area | Erath |
| Community Name | Springfield Park #11 |
| School District | Stephenville ISD |
| Elementary School | Central |
| High School | Stephenvil |
| Listing VS Median (in Springfield Park #11) | |
Price: $950,000 low | high Med: $0 On site: 118 low | high Med: | |
| State | TX |
|---|---|
| County | Erath |
| City | Stephenville |
| Zip Code | 76401 |
| Area | Erath |
| Community Name | Springfield Park #11 |
| School District | Stephenville ISD |
| Elementary School | Central |
| High School | Stephenvil |
| Listing VS Median (in Springfield Park #11) | |
Price: $950,000 low | high Med: $0 On site: 118 low | high Med: | |