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About This Home
This 6-bedroom, 2-bathroom multi-family at 1391 N Paddock Street in Stephenville, TX is listed for $375,000. Built in 1930, on a 0.17 acres lot.
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.
Key Features
- Built in 1930
- 0.17 acre lot
- 4 parking spaces
Property Details
Monthly Cost Estimate
$2,006/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1391 N Paddock Street
Stephenville, TX 76401
Crow Styles Add
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 6-bedroom, 2-bathroom multi-family at 1391 N Paddock Street is listed at $375,000. The estimated monthly payment is $1,625 based on 20% down at 6.5% interest.
Key features include: Built in 1930, 0.17 acre lot, 4 parking spaces. Interior Features: Built-in Features, Cable Tv Available, Decorative Lighting. Exterior Features: Other, Fence.
This property is listed by Eric Hayden and can be reached at 9729806600 or erichayden@ebby.com.
