892 W Vanderbilt St, Stephenville, TX, 76401
About This Home
Perfectly positioned just three blocks from Tarleton State University, this attractive quadruplex offers a prime investment opportunity in the rapidly growing market of Stephenville. With continued expansion surrounding the university and strong tenant demand, this property is well-suited for investors seeking stable income potential and long term growth. Some of the units have been updated with granite countertops, luxury vinyl plank flooring and tile. Very functional 2 bedroom, 2 bath layouts designed to meet the needs of today’s renters. Each unit offers comfortable living spaces along with dedicated tenant parking, while the complex as a whole provides a total of 8 bedrooms and 8 bathrooms. Conveniently located near campus, shopping, dining, and local amenities, this turnkey multifamily property combines an excellent location with lasting investment appeal. Whether you are adding to an existing portfolio or entering the multifamily market, this is an opportunity worth considering. Buyer and buyer’s agent to verify all information.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2008
Materials
- Foundation: Slab
- Roof: Composition
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Property subType: Quadruplex,Multi Family
Interior
Appliances
- Appliances included: Dishwasher,Electric Range,Electric Water Heater,Microwave,Refrigerator,Washer
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 8
Features
- Granite Counters,Cable TV
- Flooring: Ceramic Tile,Luxury Vinyl Plank,Vinyl
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air,Ceiling Fan(s),Electric
Interior Area
- Total structure area: 3,552
- Total interior livable area: 3,552 sqft
Property
Details
- Parcel number: R000032745
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Lot size: 0.31 Acres
Parking
- Total spaces: 8
- Parking features: Concrete
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Lightning
- Strong Wind
- Tornado
- Hail
- Heat Wave
- Inland Flooding
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,362 | $40,344 |
| Home Insurance * | $604 | $7,248 |
| Property Taxes | $487 | $5,844 |
| Electricity | $390 | $4,680 |
| Total | $4,843 | $58,116 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-14 | Listed for sale | $665,000 |
| 2026-04-01 | Listing removed | $685,000 |
| 2025-03-27 | Listed for sale | $685,000 |
| 2023-10-31 | Listing removed | $100,000 |
| 2023-10-08 | Listed for sale | $100,000 |
For Sale by Agent
View on Zillow