$1,295,000

693 County Road 501, Stephenville, TX 76401

  • 8 beds |
  • 6 baths |
  • 2,520 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1983
  • Property Lot Size Icon15acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $514/sqft
  • Property List Date Icon Listed 5 months ago

Property Description

Every once in a while and opportunity like this presents it's...don't let this one get away! Exceptional income-producing horse property, just 5 minutes from Stephenville! Spanning approximately 15.1± acres (to be surveyed), this beautiful property features a newly remodeled 2,520 sq. ft. 4 bed and 2.5 bath main home complete with an inground swimming pool. Ready for the horse enthusiasts, the property boasts a lighted arena with a return alley and stock holding pens. Adjacent to the main home, you'll find three apartments, 5 full RV hookups, and six horse stalls with pipe-fenced turnouts. Additional amenities include turnouts with sheds able to accommodate up to 24 additional horses, and a large, approximately 100'x50' commodity barn with covered working pens and tack rooms. Rental income from one 2-1 rental unit and two 1-1 rental unit that are all currently rented. There is also rental income from the horse stalls and turnouts for additional horses. The 5 RV spaces are consistently rented and provide steady income. This property offers endless possibilities: live comfortably in the main house while generating income from the apartments and stalls, or enjoy it all to yourself. Opportunities like this are rare, don’t let it slip away!

Listing Status:
Active
Listing Office:
CLARK REAL ESTATE GROUP : 254-987-2248
Listing Agent:
Clinton Mckeehan :
MLS ID:
20821997
  • General: Built-in FeaturesHigh Speed InternetPantryVaulted Ceiling(s)Walk-In Closet(s)
  • Appliances: DishwasherElectric OvenGas Cooktop
  • Flooring: LaminateSimulated WoodVinyl
  • A/C: Central AirElectric
  • Heating: CentralPropane

This listing courtesy of Clinton Mckeehan, CLARK REAL ESTATE GROUP

Monthly Payment

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

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Location

Schools Nearby

C

Central Elementary School

780 W Washington St, Stephenville, TX, 76401

Grades PK-KG

3.55 miles away

H

Henderson Jr High School

2798 W Frey St, Stephenville, TX, 76401

Grades 7-8

2.66 miles away

S

Stephenville High School

2650 W Overhill Dr, Stephenville, TX, 76401

Grades 9-12

3.19 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.