Curious about this home?

Ask anything — no agents, no pressure

Try asking

About This Home

This 11-bedroom, 6-bathroom residential multi family at 1450 Lincoln Drive in Stephenville, TX is listed for $950,000. Built in 1987, on a 5.00 acres lot.

Agent Description

Turnkey Investment Property with Expansion Potential on 5 Acres! Built in 2021, these low-maintenance units combine functionality with a contemporary design featuring four modern quadplex buildings, each offering 2-bedroom, 1-bath units with appliances, stained concrete floors and private fenced backyards—perfect for attracting long-term tenants. In addition, the property includes a fully remodeled manufactured home with 3 bedrooms, 2 baths, screened porch and its own fenced yard, ideal as an owner’s residence, rental, or guest space.

Outside amenities include a 6-stall barn, arena, loafing sheds, and room to expand with more facilities or even an additional quadplex. This property has maintained occupancy, has a new well for the quadplex units, and is income producing perfect for your investment portfolio.

Key Features

  • Built in 1987
  • 5.00 acre lot
  • 6 parking spaces
  • Fireplace

Property Details

1 story
6 full
6 spaces
1987

Amenities

Fireplace

Monthly Cost Estimate

$5,081/mo

20% down · 6.5% · 30 years

Principal$687
Interest$4,117
Insurance$277

Estimates only. Actual payments may vary.

Location

1450 Lincoln Drive

Stephenville, TX 76401

Springfield Park #11

Features & Amenities

Interior Features

Decorative LightingEat-in Kitchen

Exterior Features

Covered DeckCovered Patio/PorchOtherFence

Property Details

Flooring

ConcreteOtherVinyl

Parking

Carport

Heating

CentralElectric (Heating)Fireplace(s)

Cooling

Ceiling Fan(s)Central Air

Appliances

CooktopCooktop - GasDryerRangeRefrigerator

Questions & Answers

This 11-bedroom, 6-bathroom residential multi family at 1450 Lincoln Drive is listed at $950,000. The estimated monthly payment is $4,117 based on 20% down at 6.5% interest.

Key features include: Built in 1987, 5.00 acre lot, 6 parking spaces, Fireplace. Interior Features: Decorative Lighting, Eat-in Kitchen. Exterior Features: Covered Deck, Covered Patio/Porch, Other.

This property is listed by Brittany Elkins and can be reached at 9729806600 or brittanyelkins@ebby.com.

BE

Brittany Elkins

Agent at Ebby Halliday Realtors

(972) 980-6600

Listed by Ebby Halliday Realtors · View on Broker Site

MLS# 21266459· Source: listhub· Updated today

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.

1450 Lincoln Drive, Stephenville, TX 76401

Open this listing in: