385 E Elm Street

Stephenville, Texas 76401

  • 18 Bed(s)
  • 18 Bath(s)
  • 0 Sqft
  • 0.482
    Acre(Lot)
$1,980,000

Description

Fully occupied 11-unit complex located in the vibrant city of stephenville, home to tarleton state university, a thriving division 1 college. built in 2015, this modern residential income property offers an exceptional investment opportunity with a strong and stable tenant base. the property features a mix of spacious 1-bedroom and 2-bedroom units, all designed with open floor plans, built-in storage, walk-in closets, and high-speed internet access. property features 23 dedicated parking spaces, central hvac systems, and electric appliances, the property provides both comfort and convenience for tenants while keeping operational costs low. situated on a 0.482-acre corner lot, the complex enjoys a prime location within minutes of campus, downtown stephenville, and local amenities, ensuring high demand and low vacancy rates. the well maintained grounds and modern construction make this a turn-key investment, perfect for real estate investors, property management companies, or institutional buyers seeking a high-performing asset.
with a strong track record of occupancy, minimal maintenance needs, and a desirable location in a growing college town, this property offers a rare chance to secure a reliable and profitable addition to your portfolio. don’t miss this exceptional opportunity to invest in stephenville’s thriving rental market.

  • Property Type

    Residential Income

  • Subdivision

    Terrell Rev

  • County

    Erath

  • Style

    Residential Income

  • AD ID

    47624575

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Property Details

  • Bedroom Information

    • Total Bedrooms : 18

    Bathroom Information

    • Total Baths: 11.5
    • Full Baths: 11
    • Half Baths: 7

    Interior Features

    • Built-in Features,Eat-in Kitchen,Granite Counters,High Speed Internet Available,Open Floorplan,Pantry,Walk-In Closet(s)

    Appliances

    • Electric Range

    Utilities

    • Cable Available,City Sewer,City Water,Concrete,Electricity Connected,Individual Water Meter

    Cooling Features

    • Central Air,Electric

    Heating Source

    • Central,Electric

  • Building Information

    • Built Year: 2015
    • Building Area Total: 8,922
    • Construction: Brick,Siding
    • Roof Type: Asphalt

    Exterior Features

    • Private Yard

    Foundation

    • Slab

    Patio And Porch

    • Rear Porch

    Fencing

    • Back Yard,Fenced,Front Yard,Wood

    Construction Materials

    • Brick,Siding

  • Lot Information

    • Lot Size (Acr): 0.4820
    • Lot Size Units: Acres
    • Lot Size Square Feet: 20995.9200
    • Lot Size Source: Assessor
    • Lot Features: Cleared,Corner Lot,Landscaped

    Property Information

    • Property Type: Residential Income
    • Property Sub Type: Apartment
    • Subdivision: Cage Add
    • City: Stephenville
    • State: Texas
    • Directions: GPS
    • Property Status: Active

  • Listing Price Information

    • Original List Price: $1,980,000

    Listing Information

    • Possession: Closing/Funding

  • Tax Information

    • Parcel Number: R000028911
    • Tax Block: 7
    • Tax Legal Description: ACRES: 0.482 S2400 CAGE ADDITION; BLOCK 7; LO
    • Tax Lot: 11R
    • Unexempt Taxes: $15,511

  • Parking Information

    • Parking: 23
    • Parking Features: Concrete,On Site,Open,Parking Lot

    Homeowners Association Information

    • HOA Type: None

  • School Information

    • Elementary School: Central
    • High School: Stephenvil
    • Junior High School: Stephenvil
    • Intermediate School: Gilbert
    • School District: Stephenville ISD

    Utility Information

    • Utilities: Cable Available,City Sewer,City Water,Concrete,Electricity Connected,Individual Water Meter
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2022. All rights reserved

BuyOwner last updated this listing 12/22/2024 @ 03:34

  • MLS: 446455251
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: NTREIS - North Texas Real Estate Information

is a Home, with 18 bedrooms which is for sale, it has 0 sqft, 0 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Stephenville , in zip code 76401, this Erath County Home , it is in the Terrell Rev Subdivision, and are nearby neighborhoods.