About 1450 Lincoln Drive
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.
Features of 1450 Lincoln Drive
| MLS® # | 20913268 |
|---|---|
| Price | $999,000 |
| Bedrooms | 11 |
| Bathrooms | 6.00 |
| Full Baths | 6 |
| Acres | 5.00 |
| Year Built | 1987 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 1450 Lincoln Drive |
|---|---|
| Subdivision | Springfield Park #11 |
| City | Stephenville |
| County | Erath |
| State | TX |
| Zip Code | 76401-9458 |
Amenities
| Utilities | Private Water, Septic, Well |
|---|---|
| Parking Spaces | 6 |
| Garages | Carport, Common, On Site |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Decorative Lighting, Eat-in Kitchen |
|---|---|
| Heating | Central, Electric |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Fireplaces | Decorative, Wood Burning, Other |
Exterior
| Exterior Features | Covered Deck, Covered Porch(es), Other |
|---|---|
| Lot Description | Acreage, Cleared, Few Trees |
| Roof | Metal, Shingle |
| Construction | Siding, Other |
| Foundation | Pillar/Post/Pier, Slab |
School Information
| District | Stephenville ISD |
|---|---|
| Elementary | Central |
| High | Stephenvil |
Listing Details
| Agent | Brittany Elkins |
|---|---|
| Office | Ebby Halliday Realtors |
| Contact Info | (254) 965-7653 |