Ask Matt Milligan
Attention investors! Here’s a solid opportunity to own an income-producing brick duplex with a large amount of usable land and room for future possibilities. Includes two separate units totaling 2,022sf on an oversized 0.42-acre lot in an established Stephenville neighborhood.
290 N Barker offers 1,161 sf with 3 bedrooms, 2 baths and a 1-car carport. The home features tile flooring throughout, newer interior paint, newer HVAC, updated outside electrical service, and a washer and dryer that convey. The spacious covered patio provides a comfortable outdoor area overlooking the large fenced backyard.
292 N Barker offers 861 sf with 3 bedrooms and 1 bath. Improvements include tile flooring throughout, a newer roof, newer Carrier HVAC, updated outside electrical service, and a washer and dryer that convey. This unit also has a covered patio and large fenced backyard, providing plenty of usable outdoor space.
The oversized lot is one of the property’s best features, with substantial fenced backyards and plenty of room to enjoy, expand or explore additional development options. There is even potential for an additional duplex, subject to City approval and applicable requirements. Buyers should verify development possibilities with the City of Stephenville.
Conveniently located near Tarleton State University, schools, shopping and downtown, this property offers the combination investors look for: two existing rental units, established improvements, generous land and potential for additional income-producing space. A practical opportunity for an investor looking to add to their portfolio or someone wanting a property with multiple possibilities.
Directions: Behind CVS and Walgreens at the end of Barker St, West side.
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Listed By: Joyce Holland of Holland Home & Land Realty