# 1450 Lincoln Drive, Stephenville, TX 76401

> **TL;DR:** 11bd/6ba residential multi family, $950,000, built 1987.
> Fireplace. Est. $4,117/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $950,000 |
| Bedrooms | 11 |
| Bathrooms | 6 full |
| Year Built | 1987 |
| Lot Size | 217,800 sqft (5.00 acres) |
| Stories | 1 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,117 |
| **Total** | **$4,117** |

## Nearby Schools

- **Elementary:** Central

## Key Amenities

- Fireplace

## Property Highlights

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

## Description

### 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.

## Location

- **Address:** 1450 Lincoln Drive, Stephenville, TX 76401
- **County:** Erath
- **Neighborhood:** Springfield Park #11
- **Coordinates:** 32.176814, -98.203919
- **Google Maps:** https://www.google.com/maps?q=32.176814,-98.203919

## Listing Agent

- **Name:** Brittany Elkins
- **Brokerage:** Ebby Halliday Realtors
- **Phone:** 9729806600
- **Email:** brittanyelkins@ebby.com

## Primary Photo

![1450 Lincoln Drive - Primary Photo](http://lh.rdcpix.com/082f3ccc471b2ad458bc00d328e669bel-f2583438771r.jpg)

*31 total photos available on [listing page](https://www.propertysimple.com/listing/1450-lincoln-drive-stephenville-tx-76401-21266459)*

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**MLS#:** 21266459 | **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/1450-lincoln-drive-stephenville-tx-76401-21266459)

---

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