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, Stephenville, TX 76401
8beds
2,520sqft
Est.:
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
- 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
Tour with a buyer’s agent
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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