# 1391 N Paddock Street, Stephenville, TX 76401

> **TL;DR:** 6bd/2ba multi-family, $375,000, built 1930. Est. $1,625/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $375,000 |
| Bedrooms | 6 |
| Bathrooms | 2 full |
| Year Built | 1930 |
| Lot Size | 7,405 sqft (0.17 acres) |
| Stories | 1 |
| Property Type | Multi-Family (Duplex) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,625 |
| **Total** | **$1,625** |

## Nearby Schools

- **Elementary:** Chamberlai

## Property Highlights

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

## Description

### Agent 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.

## Location

- **Address:** 1391 N Paddock Street, Stephenville, TX 76401
- **County:** Erath
- **Neighborhood:** Crow Styles Add
- **Coordinates:** 32.228113, -98.212773
- **Google Maps:** https://www.google.com/maps?q=32.228113,-98.212773

## Listing Agent

- **Name:** Eric Hayden
- **Brokerage:** Ebby Halliday Realtors
- **Phone:** 9729806600
- **Email:** erichayden@ebby.com

## Primary Photo

![1391 N Paddock Street - Primary Photo](http://lh.rdcpix.com/effb04b27633225cfe3f0482a9f773d7l-f2885462808r.jpg)

*40 total photos available on [listing page](https://www.propertysimple.com/listing/1391-n-paddock-street-stephenville-tx-76401-21242182)*

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**MLS#:** 21242182 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/1391-n-paddock-street-stephenville-tx-76401-21242182)

---

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