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$365,000
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Property 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.
Full Property Details
Full Property Details for 1391 N Paddock St
General
- Price: $365,000
- Taxes: $4,077
- Status: Active
- Type: Duplex
- Source: NTREIS
- MLS ID: 21242182
- Updated: 6/10/2026
- Added to Site: 126 day(s) ago
Interior
- Interior Features: Built-in Features, Decorative/Designer Lighting Fixtures, Tile Counters, Cable TV
- Appliances: Electric Range
- Flooring: Tile, Vinyl, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 6
Exterior
- Exterior Features: Other
Parking
- Carports: Yes
- Carport Spaces: 2
- Covered Spaces: 2
- Total Spaces: 4
- Parking Features: Attached Carport, Additional Parking, Covered, Carport, Driveway, On Site, Outside
Location
- County: Erath
- Subdivision: Crow Styles Add
- Driving Directions: GPS Friendly, SOP
School Information
- Elem School District: Stephenville ISD
- Midd School District: Stephenville ISD
- High School District: Stephenville ISD
- Elementary School: Chamberlai
- Middle School: Gilbert, Stephenvil
- High School: Stephenvil
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Electric, Other, Wall Unit(s)
- Heating Type: Electric, Other
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Sewer Available, Water Available, Cable Available
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: Brick
- Roof: Metal
- Windows: Window Coverings
- Stories/Levels: 1
- Square Feet: 1,639
- Sq. Ft. Source: Assessor
- Year Built: 1930
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,405.2
- Lot Features: Back Yard, Corner Lot, Lawn, Few Trees
- Fencing (Description): Chain Link, Privacy, Wood
Financial Considerations
- Tax Amount: $4,077
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: S3200 CROW STYLES ADDITION BLOCK 12 LOT 1B &
- Property ID: R000031157
- Block: 12
- Lot Number: 1B
Listed by Ebby Halliday Realtors, Eric Hayden
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Schools
Schools serving 1391 N Paddock St
School District:Stephenville Independent School District
| Name | Grades | Distance |
|---|---|---|
Hook Elementary School 1067 West Jones Street, Stephenville, TX 76401 | 3-4 | 0.4 mi |
Central Elementary School, Stephenville, TX 780 West Washington Street, Stephenville, TX 76401 | PK-K | 0.8 mi |
Chamberlin Elementary School 1601 West Frey, Stephenville, TX 76401 | 1-2 | 0.9 mi |
Henderson Junior High School 2798 West Frey, Stephenville, TX 76401 | 7-8 | 2 mi |
Stephenville High School 2650 West Overhill Drive, Stephenville, TX 76401 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1391 N Paddock St
Date
Details
Price
Change
Source
6/10/2026
Price Reduced
$365,000
-2.67%
MLS
4/21/2026
Listed
$375,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1391 N Paddock St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,236
90%
$243,420
91%
2023
$2,234
—
$127,490
1%
2023
$2,234
4%
$126,050
15%
2022
$2,147
36%
$109,410
44%
2021
$1,577
-2%
$75,890
—
2020
$1,617
13%
$75,890
18%
2019
$1,426
8%
$64,570
—
2017
$1,325
—
$64,570
7%
2017
$1,325
5%
$60,340
5%
2016
$1,266
—
$57,390
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1391 N Paddock St
1391 N Paddock Street, Stephenville, TX 76401 (MLS# 21242182) is a Duplex property with 6 bedrooms and 2 full bathrooms. 1391 N Paddock Street is currently listed for $365,000 and was received on April 21, 2026. Want to learn more about 1391 N Paddock Street? Do you have questions about finding other Duplex real estate for sale in Stephenville? You can browse all Stephenville real estate or contact a Coldwell Banker agent to request more information.

