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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.
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
Amenities
Monthly Cost Estimate
$5,081/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1450 Lincoln Drive
Stephenville, TX 76401
Springfield Park #11
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Parking
Heating
Cooling
Appliances
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.


