1450 Lincoln Drive

Stephenville, TX 76401
Beds
11
Baths
6
$950,000
CASH FLOW TODAY, EXPANSION TOMORROW!!! 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.… Read MoreRead Less
Courtesy of Ebby Halliday Realtors, Brittany Elkins.
Listing Snapshot
Days Online
168
Last Updated
Property Type
MultipleParcels
Beds
11
Full Baths
6
Lot Size
5 Acres
Year Built
1987
MLS Number
21266459
Property Location Map
Additional Details
Appliances & Equipment
Dryer, ElectricOven, ElectricRange, GasCooktop, Refrigerator, Washer
Building
Built in 1987, Year Built Details: Preowned, 5 buildings, Levels: One
Cooling
CentralAir, CeilingFans
Expenses
Insurance: $11,028
Exterior Features
Patio/Porch Features: Covered, Deck, Deck
Fence
BackYard, ChainLink, Wood
Fireplaces
1 fireplace, Decorative, WoodBurning
Floors
Concrete, LuxuryVinylPlank, Vinyl
Foundation
PillarPostPier, Slab
Heating
Central, Electric
Income
Gross Income: $88,800, Net Operating Income: $68,038
Interior Features
DecorativeDesignerLightingFixtures, EatInKitchen
Lot
5 acres, Acreage, Cleared, FewTrees
Parking
2 carport spaces, 2 covered spaces, 6 total parking spaces, Common, Carport, OnSite
Pool
None
Property
Resale
Roof
Metal, Shingle
Sewer
SepticTank
Taxes
Parcel Number: R000044390, Annual Amount: $9,737, Legal Description: ACRES: 5.000 S6410 SPRINGFIELD PARK; LOT 11;, Lot: 11
Utilities
SepticAvailable, WaterAvailable, Water Source: Private, Well
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Ashley Maxwell
Broker
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Listing data last updated: Eastern