8441 County Road 176, Stephenville, TX 76401 - MLS#20735926

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Debbie Waters

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

$2,500,000

Est. payment - /mo

10 Baths

6.11 Acres Lot

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UPDATED:

09/25/2024 12:10 AM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20735926

Full Baths 10

HOA Y/N None

Total Fin. Sqft 6098

Year Built 2011

Annual Tax Amount $11,568

Lot Size 6.110 Acres

Acres 6.11

Property Description

Prime investment opportunity in Stephenville, the Cowboy Capital of the World! This fully occupied property features 10 apartments, 8 RV hookups, 20 horse stalls with runs, 15 covered pens, and 4 large traps. The standout feature is a roping arena, offering a unique bonus for tenants. Situated just across from the popular 377 Arena, this property boasts excellent exposure to the thriving local equine community. With the largest incoming class at Tarleton State University in 2024 fueling a housing shortage, there's significant potential to raise rents on both the apartments and equine facilities. Don?t miss this chance to invest in a property with built-in demand and future growth opportunities.

Location

State TX

County Erath

Community Horse Facilities, Rv Parking, Stable(S)

Direction GPS is accurate to location.

Interior

Interior Features Eat-in Kitchen, High Speed Internet Available, Kitchen Island

Heating Central, Electric

Cooling Central Air, Electric

Flooring Concrete, Other

Appliance Other

Heat Source Central, Electric

Exterior

Exterior Feature Awning(s), Balcony, RV Hookup, RV/Boat Parking, Stable/Barn

Community Features Horse Facilities, RV Parking, Stable(s)

Utilities Available All Weather Road, Co-op Electric, Private Water, Septic, No City Services

Roof Type Metal

Garage No

Building

Lot Description Acreage, Agricultural, Pasture

Story Two

Foundation Slab

Level or Stories Two

Structure Type Brick

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 Chelsea Matlock • Texas Real Estate Twins

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Debbie Waters

+1(972) 841-8461

Agent | License ID: 0623163

Agent License ID: 0623163