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!
For sale
$1,295,000
693 County Road 501 #15, Stephenville, TX 76401
4beds
2,520sqft
Est.:
Farm, Single Family Residence
Built in 1983
15 Acres Lot
$-- Zestimate®
$514/sqft
$-- HOA
What's special
Inground swimming poolCommodity barnCovered working pensRv hookupsTack roomsBeautiful propertyHorse stalls
- 95 days
- on Zillow |
- 193 |
- 7 |
Zillow last checked: 7 hours ago
Listing updated: January 22, 2025 at 07:39am
Listed by:
Clinton Mckeehan 0796386 254-987-2248,
CLARK REAL ESTATE GROUP 254-987-2248
Source: NTREIS,MLS#: 20823128
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Features: Ceiling Fan(s)
- Level: First
- Dimensions: 13 x 16
Bedroom
- Level: First
- Dimensions: 13 x 13
Bedroom
- Level: First
- Dimensions: 13 x 13
Bedroom
- Level: First
- Dimensions: 13 x 13
Living room
- Features: Built-in Features, Ceiling Fan(s), Fireplace
- Level: First
- Dimensions: 28 x 15
Heating
- Central, Propane
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Electric Oven, Gas Cooktop
Features
- Built-in Features, Granite Counters, High Speed Internet, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
- Flooring: Laminate, Simulated Wood, Vinyl
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Decorative, Den, Masonry, Stone, Wood Burning
Interior area
- Total interior livable area: 2,520 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached Carport, Common, Gravel, Paved, RV Garage, RV Access/Parking
- Carport spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Pool features: In Ground, Pool
Lot
- Size: 15 Acres
- Features: Acreage, Agricultural, Few Trees
- Residential vegetation: Brush, Cleared, Grassed, Partially Wooded
Details
- Additional structures: Arena, Bunkhouse, Garage(s), Workshop, Barn(s)
- Parcel number: R000015707
- Horses can be raised: Yes
- Horse amenities: Barn, Hay Storage, Tack Room, Arena
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch,Detached
- Property subtype: Farm, Single Family Residence
Materials
- Rock, Steel Siding, Stone, Stone Veneer
- Foundation: Slab
- Roof: Asphalt,Metal
Condition
- Year built: 1983
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Available, Overhead Utilities, Septic Available, Water Available
Community & HOA
Community
- Subdivision: Na
HOA
- Has HOA: No
Location
- Region: Stephenville
Financial & listing details
- Price per square foot: $514/sqft
- Date on market: 1/21/2025
- Exclusions: Hay and feed in barns,
- Road surface type: Gravel
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