About This Home

This 6-bedroom, 2-bathroom multi-family at 1391 N Paddock Street in Stephenville, TX is listed for $365,000. Built in 1930, on a 0.17 acres lot.

Key Features

  • Built in 1930
  • 0.17 acre lot
  • 4 parking spaces

Property Details

1 story
2 full
4 spaces
1930

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$1,952/mo

20% down · 6.5% · 30 years

Principal$264
Interest$1,582
Insurance$106

Estimates only. Actual payments may vary.

Location

1391 N Paddock Street

Stephenville, TX 76401

Crow Styles Add

Features & Amenities

Interior Features

BuiltInFeaturesDecorativeDesignerLightingFixturesTileCountersCableTv

Property Details

Flooring

VinylTileWood

Construction

Brick

Parking

CarportCoveredDriveway

Heating

Electric (Heating)

Cooling

Ceiling Fan(s)ElectricWall Unit(s)

Appliances

ElectricRange

Questions & Answers

This 6-bedroom, 2-bathroom multi-family at 1391 N Paddock Street is listed at $365,000. The estimated monthly payment is $1,952 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1930, 0.17 acre lot, 4 parking spaces. Interior Features: BuiltInFeatures, DecorativeDesignerLightingFixtures, TileCounters.

This property is listed by Eric Hayden.

EH

Eric Hayden

Agent at Ebby Halliday, REALTORS

Listed by Ebby Halliday, REALTORS · Broker phone: (972) 772-1369 · View on Broker Site

MLS# 21242182· Source: North Texas Real Estate Information Systems, Inc.· 5 days on PropertySimple

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1391 N Paddock Street, Stephenville, TX 76401

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