120 Bunkhouse Road, Stephenville, TX 76401 - MLS#20601224

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Debbie Waters

debbiewaters@ziglarrealty.com +1(972) 841-8461

$4,450,000

Est. payment - /mo

21 Baths

6.26 Acres Lot

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UPDATED:

11/07/2024 08:15 PM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Na

MLS Listing ID 20601224

Full Baths 21

HOA Y/N None

Total Fin. Sqft 16110

Year Built 2015

Annual Tax Amount $27,491

Lot Size 6.261 Acres

Acres 6.261

Property Description

Located in the thriving heart of the rodeo scene of Stephenville,and convenient to TSU,120 Bunkhouse Rd. stands as a premier investment opportunity. This meticulously maintained property features 19 high-quality lodging units and 40 fully upgraded horse stalls, complemented by a professional-grade, lighted arena?perfectly aligning with the local lifestyle. Additionally, it boasts six full-service RV spaces, a complete laundry facility, a modern conference room, and fully equipped office spaces. All rental spaces are currently fully occupied, ensuring a steady and robust revenue stream.

These amenities not only enhance the property?s appeal but also ensure it is a turnkey solution with immediate revenue generation. This property has a strong existing tenant base and potential for further expansion due to wait list. This property promises substantial cash flow and represents a compelling investment for those seeking a stable, high-yield asset in a lively market.

Location

State TX

County Erath

Direction Follow GPS for directions

Interior

Interior Features Decorative Lighting

Heating Central

Cooling Ceiling Fan(s), Central Air

Flooring Concrete

Appliance Dishwasher

Heat Source Central

Exterior

Exterior Feature Covered Patio/Porch, RV Hookup, RV/Boat Parking, Stable/Barn, Storage

Fence Barbed Wire, Gate, Pipe

Utilities Available Community Mailbox

Roof Type Metal

Garage No

Building

Lot Description Acreage

Story One

Foundation Slab

Level or Stories One

Structure Type Metal Siding,Rock/Stone

Schools

Elementary Schools Central

High Schools Stephenvil

School District Stephenville Isd

Others

Ownership see tax

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Jennifer Birkle • Texas Legacy Realty

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Debbie Waters

+1(972) 841-8461

Agent | License ID: 0623163

Agent License ID: 0623163