Turnkey income producing rental property now available for the first time and ready for a new owner to expand on its potential. The property fronts paved county road 392, just south of Lingleville, west of Stephenville, and North of Dublin in the productive cattle and horse country. Highlights of this multi-dimensional property include a 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. The mobile homes have been very well cared for, updated and maintained regularly, and currently being re-sided with matching metal. Horse facilities consist of 20+ horse stalls and loafing sheds, 19 turnouts, and lighted arena. Contact our team for additional information and details. A full packet is available upon request to Brokers, Agents and qualified buyers.
For sale
$2,000,000
392 County Rd, Stephenville, TX 76401
--beds
--baths
20,000sqft
Est.:
Multi Family
Built in 1985
-- sqft lot
$-- Zestimate®
$100/sqft
$-- HOA
What's special
- 287 days |
- 74 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: February 25, 2026 at 12:33pm
Listed by:
Kasey Mock 0636589 (512)275-6625,
Keller Williams Brazos West 254-335-0500
Source: NTREIS,MLS#: 20964856
Tour with a local agent
Facts & features
Interior
Heating
- Central
Cooling
- Central Air
Features
- Other
- Flooring: See Remarks
- Has fireplace: No
Interior area
- Total structure area: 20,000
- Total interior livable area: 20,000 sqft
Video & virtual tour
Property
Parking
- Total spaces: 30
- Parking features: Common
Features
- Levels: Multi/Split
- Pool features: None
- Fencing: Cross Fenced,Perimeter
Lot
- Size: 17.5 Acres
- Features: Acreage, Agricultural, Hardwood Trees, Pasture, Wooded
Details
- Additional structures: Barn(s), Stable(s)
- Parcel number: R000014828
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Metal Siding, See Remarks
- Foundation: Combination
- Roof: Metal
Condition
- Year built: 1985
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Cable Available, Electricity Available, Septic Available, Water Available
Community & HOA
Community
- Subdivision: Wilson
HOA
- Has HOA: No
Location
- Region: Stephenville
Financial & listing details
- Price per square foot: $100/sqft
- Date on market: 6/10/2025
- Cumulative days on market: 288 days
- Listing terms: Cash,Conventional,1031 Exchange
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2025 | Listed for sale | $2,000,000+30%$100/sqft |
Source: NTREIS #20964856 Report a problem | ||
| 1/25/2024 | Listing removed | -- |
Source: NTREIS #20471661 Report a problem | ||
| 11/8/2023 | Listed for sale | $1,537,956$77/sqft |
Source: NTREIS #20471661 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$11,996/mo
Principal & interest
$10113
Property taxes
$1883
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Climate risks
Neighborhood: 76401
Nearby schools
GreatSchools rating
- 8/10Lingleville SchoolGrades: PK-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Linglevill
- Middle: Linglevill
- High: Linglevill
- District: Lingleville ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 76401
- Texas
- Erath County
- Dublin
- 76401
- 392 County Rd
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