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$950,000
5± Acres
Active
Erath County, TX
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1450 Lincoln, Stephenville, Texas

MLS ID: 21266459
Status: Active
Price: $950,000
Acres: 5±
Type: Residential
Address: 1450 Lincoln
City, State: Stephenville, TX
County: Erath County
ZIP Code: 76401
Lat/Long: 32.176814, -98.203919
Parcel Number: R000044390
Bedrooms: 11
Bathrooms: 6
Year Built: 1987

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.

Directions: GPS Friendly

Additional Information

Interior

Appliances: Dryer, Electric Oven, Electric Range, Gas Cooktop, Refrigerator, Washer
Bathrooms Full: 6
Building Area Total: 4,360
Cooling (Yes/no): Yes
Cooling: Central Air, Ceiling Fans
Fireplace Features: Decorative, Other, Wood Burning
Fireplace (Yes/no): Yes
Fireplaces Total: 1
Flooring: Concrete, Luxury Vinyl Plank, Other, Vinyl
Heating (Yes/no): Yes
Heating: Central, Electric
Interior Features: Decorative Designer Lighting Fixtures, Eat In Kitchen

Exterior

Covered Spaces: 2
Exterior Features: Deck, Other
Fencing: Back Yard, Chain Link, Other, Wood
Foundation Details: Pillar Post Pier, Slab
Lot Features: Acreage, Cleared, Few Trees
Lot Size Area: 5
Lot Size Square Feet: 217,800
Parking Features: Common, Carport, On Site
Parking Total: 6
Patio and Porch Features: Covered, Deck
Roof: Metal, Shingle
Stories: 1
Water Source: Private, Well

Financial/HOA/Schools

Elementary School: Central
Elementary School District: Stephenville ISD
Middle School District: Stephenville ISD
High School: Stephenvil
High School District: Stephenville ISD
Subdivision Name: Springfield Park #11
Tax Annual Amount: 9737

Extra Information

Virtual Tour: https://www.propertypanorama.com/instaview/ntreis/21266459

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Matt Milligan

Matt Milligan

Weatherford, Texas

(817) 694-1121

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All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of May 25, 2026 at 12:00:00 PM UTC.

You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: May 25, 2026 at 12:00:00 PM UTC

Listed By: Brittany Elkins of Ebby Halliday Realtors