$375,000
0.17± Acres
Active
Erath County, TX

1391 Paddock, Stephenville, Texas

MLS ID: 21242182
Status: Active
Price: $375,000
Acres: 0.17±
Type: Duplex, Residential
Address: 1391 Paddock
City, State: Stephenville, TX
County: Erath County
ZIP Code: 76401
Parcel Number: R000031157
Bedrooms: 6
Bathrooms: 2
Year Built: 1930

Description

Excellent investment opportunity in the heart of Stephenville, just minutes from Tarleton State University. This well-maintained duplex features two spacious units, each offering 3 bedrooms and 1 bathroom—an ideal layout for student housing. The property is currently 100% leased, providing immediate and stable cash flow. Unit A is leased at $1,500 per month through June 30, 2026, and Unit B is leased at $1,400 per month through July 31, 2026. Located in a high-demand rental area popular with Tarleton students, this property benefits from consistent occupancy and strong rental demand. Its proximity to campus, combined with functional floor plans and reliable tenancy, makes it a turnkey addition to any investor’s portfolio. Don’t miss this opportunity to own a performing asset in one of Stephenville’s most sought-after rental locations.

Directions: GPS Friendly, SOP

Additional Information

Interior

Appliances: Electric Range
Bathrooms Full: 2
Building Area Total: 1,639
Cooling (Yes/no): Yes
Cooling: Ceiling Fans, Electric, Other, Wall Units
Flooring: Tile, Vinyl, Wood
Heating (Yes/no): Yes
Heating: Electric, Other
Interior Features: Built In Features, Decorative Designer Lighting Fixtures, Tile Counters, Cable Tv

Exterior

Covered Spaces: 2
Fencing: Chain Link, Privacy, Wood
Foundation Details: Slab
Lot Features: Back Yard, Corner Lot, Lawn, Few Trees
Lot Size Area: 0
Lot Size Square Feet: 7,405
Parking Features: Attached Carport, Additional Parking, Covered, Carport, Driveway, On Site, Outside
Parking Total: 4
Roof: Metal
Stories: 1
Water Source: Public
Window Features: Window Coverings

Financial/HOA/Schools

Elementary School: Chamberlai
Elementary School District: Stephenville ISD
Middle School District: Stephenville ISD
High School: Stephenvil
High School District: Stephenville ISD
Subdivision Name: Crow Styles Add
Tax Annual Amount: 4077
Matt Milligan

Matt Milligan

Weatherford, Texas

(817) 694-1121

Interested? Contact Us Today About This Listing

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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: Eric Hayden of Ebby Halliday Realtors