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.
For sale
Price cut: $100K (2/13)
$2,400,000
8441 County Road 176, Stephenville, TX 76401
--beds
6,098sqft
Est.:
Multi Family, Apartment
Built in 2011
-- sqft lot
$-- Zestimate®
$394/sqft
$-- HOA
What's special
- 214 days
- on Zillow |
- 122 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: February 13, 2025 at 08:58am
Listed by:
Chelsea Matlock 0696931,
Texas Real Estate Twins 940-704-6033,
Bailey Groves 0698488,
Texas Real Estate Twins
Source: NTREIS,MLS#: 20735926
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 10
- Full bathrooms: 10
Heating
- Central, Electric
Cooling
- Central Air, Electric
Features
- Eat-in Kitchen, High Speed Internet, Kitchen Island
- Flooring: Concrete, Other
Interior area
- Total structure area: 6,098
- Total interior livable area: 6,098 sqft
Video & virtual tour
Property
Parking
- Total spaces: 20
- Parking features: Additional Parking, Assigned, Common, Gravel, Oversized, Parking Lot, Boat, RV Access/Parking
Features
- Levels: Two
- Stories: 2
- Patio & porch: Awning(s), Front Porch, Balcony
- Exterior features: Awning(s), Balcony, RV Hookup
- Pool features: None
Lot
- Size: 6.11 Acres
- Features: Acreage, Agricultural, Pasture
Details
- Additional structures: Barn(s), Stable(s)
- Parcel number: R000018742
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick
- Foundation: Slab
- Roof: Metal
Condition
- Year built: 2011
Utilities & green energy
- Sewer: Septic Tank
- Water: Private
- Utilities for property: Electricity Available, None, Septic Available, Water Available
Community & HOA
Community
- Features: Stable(s)
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Stephenville
Financial & listing details
- Price per square foot: $394/sqft
- Annual tax amount: $11,568
- Date on market: 9/24/2024
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