$2,500,000
For Sale

8441 County Road 176

Stephenville, TX 76401
10 baths | 6.11 acres | #20735926
Type:Multi-Family
Structure:Unit
Zone:Residential

Description

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.

  • Property Details
      • Utility FeaturesAll Weather Road, Co-op Electric, Private Water, Septic, No City Services
      • InteriorEat-in Kitchen, High Speed Internet Available, Kitchen Island
      • Exterior MaterialsAwning(s), Balcony, RV Hookup, RV/Boat Parking, Stable/Barn
      • Lot DescriptionAcreage, Agricultural, Pasture
      • School DistrictStephenville ISD
      • Property TypeMulti-Family
      • Property SubtypeApartment
      • MLS #20735926
      • MLS #20735926
      • Elementary SchoolCentral
      • Cost2500000
      • Acres6.1100
      • CountyErath
      • Year Built2011
      • FoundationSlab
      • SubdivisionNONE
      • Bathrooms10
      • Full Baths10

Location

Legal

© 2023 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Ranch Roads Realty shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright

Last Updated: . Source: NTREIS

Listing Courtesy
Listing Agent: Chelsea Matlock (#0696931)
Listing Office: Texas Real Estate Twins (#TRET0GB)

Ranch Roads RealtyReal Estate Group
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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Central Texas MLS | Four Rivers Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Ranch Roads Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2022 All rights reserved.

© 2023 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Ranch Roads Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.