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For sale
  • $1,295,000

    693 County Road 501, Stephenville, TX 76401

    8beds
    2,520sqft
    : 
    Multi Family
    Built in 1983
    -- sqft lot
    $-- Zestimate®
    $514/sqft
    $-- HOA

    What's special

    Inground swimming poolCommodity barnCovered working pensTack roomsBeautiful propertyHorse stallsPipe-fenced turnouts
    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!
    95 days
    on Zillow
    |
    131
    |
    12
    |

    Zillow last checked: 7 hours ago

    Listing updated: January 21, 2025 at 06:10pm

    Listed by:

    Clinton Mckeehan 0796386 254-987-2248,

    CLARK REAL ESTATE GROUP 254-987-2248

    Source: NTREIS,MLS#: 20821997
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 693 County Road 501.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Heating
    • Central, Propane
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dishwasher, Electric Oven, Gas Cooktop
    Features
    • Built-in Features, High Speed Internet, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
    • Flooring: Laminate, Simulated Wood, Vinyl
    Interior area
    • Total structure area: 2,520
    • Total interior livable area: 2,520 sqft
    Video & virtual tour

    Property

    Parking
    • Parking features: Attached Carport, Common, Gravel
    • Has carport: Yes
    Features
    • Levels: One
    • Stories: 1
    • Pool features: Pool
    Lot
    • Size: 15 Acres
    • Features: Acreage
    Details
    • Parcel number: R000015707

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    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, 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
    • Tax assessed value: $1,670
    • Annual tax amount: $28
    • Date on market: 1/21/2025
    • Exclusions: Hay and feed in barns,
    • Road surface type: Gravel
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