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$406,840

1461 W Park Street, Stephenville, TX, 76401

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,444 Sq Ft
DuplexDuplex
Year BuiltBuilt in 2010

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave
FlooringCeramic Tile

Building Information

Year Built2010
Garage Spaces1

Land Information

APNR000034258
Lot Number7
SubdivisionTarleton Heights Addition
Land UseResidential
Legal DescriptionS6700 TARLETON HEIGHTS ADDITION; BLOCK 12; LOT 7
Census Tract950502
Assessed Land Value$40,000
Assessed Improvement Value$366,840
Assessment Year2025

About this property

WOW~ 2 unit duplex centrally located with easy access to Tarleton University, great shopping, and restaurants. Stephenville is growing and rental properties are in high demand. Solid income potential; EACH of these extremely nice units feature an open concept living-dining-kitchen area with 2 bedrooms, 2 bathrooms, laundry, ALL TILE Flooring throughout, GRANITE counters, and single car garages. Fenced back yards, covered patios, sprinkler system, beautiful mature landscaping and towering trees. WALKING DISTANCE to Tarleton University. *BOTH UNITS ARE CURRENTLY LEASED and a waiting list compiled as these units are highly sought after*

Investor Tools

Property Icon
$406,840
Estimated Property Value
$0Estimated Mortgage Balance
$406,840Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,639 /month
Positive
Cash Flow Estimate:
$880 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$170/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$406,840
2025
$40,000
$366,840
$406,840
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$406,840

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$406,840
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Stephenville

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1461 W Park Street | Property Details | No Agent List