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1391 N Paddock Street , Stephenville, TX 76401

$375,000
  • 1391 N Paddock Street , Stephenville, TX 76401 Main Photo

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New to the Market Active
BEDS6 BATHS2 full MLS#21242182
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONCrow Styles Add SCHOOLStephenville ISD

Property Description

Excellent investment opportunity in the heart of Stephenville, just minutes from Tarleton State University. This well-maintained duplex features two spacious units, each offering 3 bedrooms and 1 bathroom—an ideal layout for student housing. The property is currently 100% leased, providing immediate and stable cash flow. Unit A is leased at $1,500 per month through June 30, 2026, and Unit B is leased at $1,400 per month through July 31, 2026. Located in a high-demand rental area popular with Tarleton students, this property benefits from consistent occupancy and strong rental demand. Its proximity to campus, combined with functional floor plans and reliable tenancy, makes it a turnkey addition to any investor’s portfolio. Don’t miss this opportunity to own a performing asset in one of Stephenville’s most sought-after rental locations.

1391 N Paddock Street | MLS# 21242182

This multi-family property located at 1391 N Paddock Street , Stephenville, TX 76401 is currently listed for sale with an asking price of $375,000. N Paddock Street is located within the Stephenville ISD school district. Search Stephenville real estate on jennymccaslin.kellyrealtors.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Ceiling Fan(s), Electric, Wall Unit(s), Other
Heating: Electric, Other
Lot Size: 0.17 Acres
Roof Type: Metal
Year Built: 1930

Amenities

Built-in Features
Cable TV Available
Decorative Lighting
Tile Counters
Other

Feature Descriptions

Appliances: Electric Range
Days on Site: 4
Exterior: Brick, Siding
Fencing: Chain Link, Privacy, Wood
Flooring: Tile, Vinyl, Wood
Lot: Corner Lot, Few Trees, Lrg. Backyard Grass
Parcel#: R000031157
Parking: Additional Parking, Attached Carport, Carport, Covered, Driveway, On Site, Outside
Parking Notes: Additional Parking, Attached Carport, Carport, Covere
Units: 2
Utilities: City Sewer, City Water
Window: Window Coverings

Local Schools

Elementary School: Chamberlai
School District: Stephenville ISD

Listed By / Shown By

Listed By

Agency Name: Ebby Halliday Realtors
Agency Contact: (254) 965-7653
Agent Name: Eric Hayden

agent picture

Shown By

Agent Name: Jenny McCaslin
Agent Phone: (317) 417-9101
Agency Title: Kelly, Realtors

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Estimated Payment

$ 943.96 per month $834.59 Principal & Interest $0.00 Property Tax (data not provided by mls) $109.38 Homeowner's Insurance

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