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$415,000

1479 Lockwood St, Stephenville, TX, 76401

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,175 Sq Ft
price_per_sqft$190.8 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Water Softener
FlooringVinyl

Exterior

Lot Size11,713 sqft

Building Information

Year Built1977
Garage Spaces2

Land Information

APNR000032458
Lot Number15
SubdivisionLockwood Addition
Land UseResidential
Legal DescriptionS4900 LOCKWOOD ADDITION;, BLOCK 4;, LOT 15
Census Tract950600
Assessed Land Value$40,000
Assessed Improvement Value$275,710
Assessment Year2025

About this property

Welcome home to this beautifully updated 4-bedroom, 3-bath brick home offering 2,175sf on a generous 0.269-acre tree-shaded lot in one of Stephenville’s established neighborhoods. With two primary suites, this flexible floor plan is ideal for multigenerational living, guests, college students, or anyone needing extra privacy. Step inside to discover spacious rooms, abundant natural light, and new vinyl plank flooring. The inviting living room centers around a classic brick wood-burning fireplace accented by handsome picture-frame wall paneling, creating a warm gathering space. The kitchen features granite countertops, stainless steel appliances, abundant cabinetry, and generous workspace. The refrigerator, washer, and dryer convey, and the separate utility room adds convenience. The primary suite offers double sinks, a walk-in shower, and walk-in closet. The second private suite also includes a walk-in shower and walk-in closet, making it ideal as a mother-in-law suite, guest quarters, game room, hobby space, or home office. The updated hall bath features both a soaking tub and separate shower. Enjoy relaxing on the welcoming covered front porch or entertaining beneath the oversized covered back patio that extends to an open patio. Mature shade trees, attractive landscaping, a wood privacy fence, and a storage building complete the backyard. New vinyl plank flooring, hot water heater, and micro-vent; plus, newer refrigerator, dishwasher, and washing machine. Major updates in 2016 include new windows, roof, gable siding, and front door. Energy-efficient solar panels, installed about three years ago, have dramatically reduced electric costs, with owners often paying only the Oncor delivery fee while building utility credits. Conveniently located just minutes from Tarleton State University, schools, shopping, dining, and historic downtown Stephenville, this move-in ready home offers comfort, flexibility, energy efficiency, and an outstanding location.

Investor Tools

$76,474Estimated Mortgage Balance
$239,236Estimated Equity
86% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,490 /month
Positive
Cash Flow Estimate:
$830 /month

Interested in this property?

Joyce Holland

HOLLAND HOME & LAND REALTY

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$516/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$315,710
2025
$40,000
$275,710
$315,710
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$315,710

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Credit Line (Revolving) / Heloc
$97,600
No
First
May 5, 2016
May 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$76,474
$472,526
86%
24%
$586/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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1479 Lockwood St | Property Details | No Agent List