1450 Lincoln Dr Stephenville, TX 76401
Estimated payment $6,339/month
Total Views
18,087
3
Beds
2
Baths
--
Sq Ft
--
Price per Sq Ft
About This Home
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 backyardsperfect 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 owners 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.
Brittany Elkins
Listed on: 05/19/2025
Listing Provided By
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,737
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Additional Features
- Potential uses include residential multi-family
- Horses Allowed On Property
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $9,737 | $717,270 | $150,000 | $567,270 |
| 2023 | $8,423 | $608,220 | $165,000 | $443,220 |
| 2022 | $8,210 | $524,040 | $105,000 | $419,040 |
| 2021 | $6,962 | $415,450 | $70,500 | $344,950 |
| 2020 | $1,938 | $104,670 | $60,000 | $44,670 |
| 2019 | $1,722 | $95,760 | $60,000 | $35,760 |
| 2018 | $1,583 | $92,260 | $56,000 | $36,260 |
| 2017 | $1,501 | $87,450 | $52,000 | $35,450 |
| 2016 | $1,468 | $85,520 | $47,000 | $38,520 |
| 2015 | $1,402 | $80,640 | $47,000 | $33,640 |
| 2014 | $1,402 | $81,670 | $47,000 | $34,670 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/24/2025 04/24/25 | For Sale | $999,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $30,000 | New Conventional | |
| Closed | $54,000 | Future Advance Clause Open End Mortgage | |
| Closed | $58,300 | Unknown | |
| Closed | $25,000 | Unknown |
Source: Public Records
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