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1391 N Paddock St

Stephenville, TX 76401
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Just listedJust listed
6 Bedroom(s)
2 Full Bath(s)
0.17 Lot Acres
Multi-Family - Duplex

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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.

MLS#
NTREIS-21242182
List Price
$375,000
Listing Status
For Sale
Address
1391 N Paddock St
City
Stephenville
State
TX
Zip Code
76401
County
Erath County
Subdivision
Crow Styles Add
Legal Description
S3200 CROW STYLES ADDITION BLOCK 12 LOT 1B &
Property Type
Multi-Family - Duplex
Bedroom
6 Bedroom(s)
Bath
2 Full Bath(s)
Stories
1
Year Built
1930 /Appraisal District
Lot Size
0.17 Lot Acres/Appraisal District

Exterior

Roof
Metal
Foundation
Slab
Private Pool
No
Exterior Type
Brick, Siding
Lot Description
Corner Lot, Few Trees, Lrg. Backyard Grass
Parking
Additional Parking, Attached Carport, Carport, Covered, Driveway, On Site, Outside
Parking Space
Garage 0 / Carport 2 / Total Covered 2
Fencing
Chain Link,Privacy,Wood
Utility
City Sewer,City Water
Exterior
Other

Interior

Floors
Tile, Vinyl, Wood
Cooling
Electric, Other
Heating
Electric, Other
Window
Window Coverings
Appliances
Electric Range
Interior
Built-in Features, Cable TV Available, Decorative Lighting, Tile Counters

Lot Information

Lot Size
0.17 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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Information source

North Texas Real Estate Information Systems, Inc.
Source last updated Apr 21, 2026 at 03:49 PM
Listing last updated Apr 21, 2026 at 05:07 PM
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Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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