693 County Road 501

Stephenville, TX 76401
  • $1,295,000

    Price
  • 8

    Bed
  • 5.5

    Bath
  • 2,520

    SqFt

About the Listing KWRE00SV - 0796386

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!

Listing Highlights

Status Active With Contingency
Days on Site 328
Property Type Multi-Family
MLS ® 20821997
Year Built 1983
Total Square Footage 2,520
Lot/Acreage 15
County Erath
Neighborhood Na
School District Stephenville ISD
Elementary School Central
High School Stephenvil

Interior Details

  • Bedrooms: 8
  • Bathrooms: 5 Full / 1 Half
  • Appliances: Dishwasher, Electric Oven, Gas Cooktop
  • Air Cond: Central Air,Electric
  • Heating: Central,Propane
  • Fireplaces:
  • Floor: Laminate,Simulated Wood,Vinyl
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Built-in Features,High Speed Internet Available,Pantry,Vaulted Ceiling(s),Walk-In Closet(s)
  • Water:

Exterior Details

  • Lot Description: Acreage,10 to < 50 Acres
  • Garage Capacity: N/A
  • Roof: Asphalt,Metal
  • Others: Preowned
  • Sewer:
  • Parking Features: Attached Carport,Common,Gravel

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: R000015707
  • Tax Year: N/A

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Questions About..

693 County Road 501 Stephenville, TX 76401

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