1391 N Paddock St |
|
| Price: | $365,000 |
| Property Type: | multi-family |
| MLS #: | 21242182 |
| 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. | |
| Area: | Erath |
| Year Built: | 1930 |
| Bedrooms: | None |
| Bathrooms: | None |
| Acres: | 0 |
| Virtual Tour: | Click here to view |
| Construction Materials : | Brick |
| Construction Materials : | Siding |
| Heating : | Electric |
| Heating : | Other |
Courtesy: Eric Hayden • Ebby Halliday Realtors-Stephenville • 
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This content last refreshed on 06/11/2026 08:45 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
