693 County Road 501

Stephenville, Texas 76401

  • 8 Bed(s)
  • 6 Bath(s)
  • 0 Sqft
  • 15
    Acres(Lot)
$1,295,000

Description

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!

  • Property Type

    Residential Income

  • County

    Erath

  • Style

    Residential Income

  • AD ID

    48390042

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Property Details

  • Bedroom Information

    • Total Bedrooms : 8

    Bathroom Information

    • Total Baths: 5.5
    • Full Baths: 5
    • Half Baths: 1

    Interior Features

    • Built-in Features,High Speed Internet Available,Pantry,Vaulted Ceiling(s),Walk-In Closet(s)

    Appliances

    • Dishwasher,Electric Oven,Gas Cooktop

    Utilities

    • Co-op Electric,Gravel/Rock,Septic,Well

    Cooling Features

    • Central Air,Electric

    Heating Source

    • Central,Propane

  • Building Information

    • Built Year: 1983
    • Building Area Total: 2,520
    • Construction: Rock/Stone,Steel Siding,Stone Veneer
    • Roof Type: Asphalt,Metal

    Foundation

    • Slab

    Construction Materials

    • Rock/Stone,Steel Siding,Stone Veneer

  • Lot Information

    • Lot Size (Acr): 15.0000
    • Lot Size Units: Acres
    • Lot Size Square Feet: 653400.0000
    • Lot Size Source: Estimated
    • Lot Features: Acreage

    Property Information

    • Property Type: Residential Income
    • Property Sub Type: Multiple Single Units
    • Subdivision: NA
    • City: Stephenville
    • State: Texas
    • Directions: From the corner of the South Loop and Lillian, take Lillian St. south to CR 256. Turn right on to CR 501. CR 501 dead ends at the property gate.
    • Property Status: Active

  • Listing Price Information

    • Original List Price: $1,295,000

    Listing Information

    • Possession: Closing/Funding

  • Tax Information

    • Parcel Number: R000015707

  • Parking Information

    • Parking Features: Attached Carport,Common,Gravel

    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: Co-op Electric,Gravel/Rock,Septic,Well
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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 2025. All rights reserved

BuyOwner last updated this listing 02/22/2025 @ 07:08

  • MLS: 448577952
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: NTREIS - North Texas Real Estate Information

is a Home, with 8 bedrooms which is for sale, it has 0 sqft, 15 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 NA Subdivision, and are nearby neighborhoods.