$4,820,000

000 County Road 392, Stephenville, TX 76401

  • 20,000 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1985
  • Property Lot Size Icon93.5acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $241/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

This beautiful income producing property is available for the first time and ready for a new owner to expand on its potential. The property fronts paved county road 392, with additional frontage on CR 383, just south of Lingleville, west of Stephenville, and North of Dublin in the productive cattle and horse country. Highlights of this multi-dimensional ranch include a 3,200 sqft custom home, 1,800 sqft guest house, 11 rental units with an established seven figure rental income and full occupancy. Rentals consist of five double-wides, four single-wides, and a set of duplexes, 20+ horse stalls and loafing sheds, 19 turnouts, and lighted arena. The ranch is complete with cattle working pens, 60x100' hay barn, equipment barn, and workshop with hydraulic lift. Additionally, there are multiple ponds, a swimming area with slide, rope swing and zip line. Do you fly? This ranch has a private 1,500 ft. airstrip to conveniently fly in and out with ease. There are multiple opportunities to consider with this unique property. As a family ranch, it is one of the nicest around. As an investment, it offers cashflow to offset the cost of the ranch. **The sellers WOULD SELL JUST The Rental houses and 17 acres alone. Contact our team for additional information and details. A full packet is available upon request to Brokers, Agents and qualified buyers.

Listing Status:
Active
Listing Office:
Keller Williams Brazos West : 254-335-0500
Listing Agent:
Kasey Mock :
MLS ID:
20955350
  • General: Other
  • Flooring: See Remarks
  • A/C: Central Air
  • Heating: Central

This listing courtesy of Kasey Mock, Keller Williams Brazos West

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lingleville School

21261 N FM 219, Lingleville, TX, 76461

Grades PK-12

2.15 miles away

L

Lingleville School

21261 N FM 219, Lingleville, TX, 76461

Grades PK-12

2.15 miles away

L

Lingleville School

21261 N FM 219, Lingleville, TX, 76461

Grades PK-12

2.15 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.