Two Home Bundle on .68 Acre Lot Near University

USD $550,000
1425 Groesbeck Street, Stephenville, Texas, 76401, USA

Property Highlights

  • Two homes on combined .68-acre lot
  • Zoned R-3 for multi-family use
  • Immediate rental income from tenants
  • Close to Tarleton State University
  • Potential for future multi-family development
  • Stable rental demand and tenants

Overview

Prime Multi-family investment opportunity! Two home bundle sitting on a combined .68 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 throughout the next year, bringing you immediate rental income from day one. 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, and stable tenants, 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!
Show More Show Less

Property Features

1425 Groesbeck Street, Stephenville, Texas, 76401, USA offers the following features:

Bedrooms: 6
Bathrooms: 2 Full
Living Area: 1380sf
Property Type: Residential Income
Status: Active
Reference ID: 21091584

Map