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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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1450 Lincoln Dr , Stephenville, TX 76401
$950,000
Est. Payment: $4,891.01/mo
11 Bed
6 Bath
4360 Sqft
Status: active | Days on site: 104
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

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. 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.

Highlights

Listed by Brittany Elkins , Ebby Halliday Realtors , North Texas Real Estate Information Systems

Property Type

Multi-Family

Lot/Acreage
5

Year Built

1987

County

Erath

Neighborhood

Springfield Park #11

School District

Stephenville ISD

Listing ID

21266459

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:11
  • Bathrooms:6
  • Full Bathrooms:6
Appliances:Dryer, Electric Oven, Electric Range, Gas Cooktop, Refrigerator, Washer
Air Cond:Ceiling Fan(s),Central Air
Fireplaces:Decorative,Wood Burning
Floor:Concrete,Luxury Vinyl Plank,Vinyl
Other:
  • Additional:Decorative Lighting, Eat-in Kitchen

Exterior Features

Lot:Acreage,Cleared,Few Trees,5 to < 10 Acres
Garage Capacity:6
Roof:Metal,Shingle
Others:
  • Additional:Covered Deck, Covered Patio/Porch, Preowned
Parking Features:Carport,Common,On Site
Principal Interest
$4,891
Taxes
$811

Home Price

$950,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$190,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,891.01

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,891.01 $811.42 $0.00 $5,702.43
Yearly $58,692.15 $9,737.00 $0.00 $68,429.15
Total $1,760,764.52 $292,110.00 $0.00 $2,052,874.52

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Stephenville, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T19:21:47.893Z

© 2026 North Texas Real Estate Information Systems