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 Type
Residential IncomeCounty
ErathStyle
Residential IncomeAD ID
47002655
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Property Details
-
Interior Features
Bathroom Information
- Total Baths: 10
- Full Baths: 10
Interior Features
- Eat-in Kitchen,High Speed Internet Available,Kitchen Island
Appliances
- Other
Utilities
- All Weather Road,Co-op Electric,Private Water,Septic,No City Services
Cooling Features
- Central Air,Electric
Heating Source
- Central,Electric
-
Exterior Features
Building Information
- Built Year: 2011
- Building Area Total: 6,098
- Construction: Brick
- Roof Type: Metal
Exterior Features
- Awning(s),Balcony,RV Hookup,RV/Boat Parking,Stable/Barn
Foundation
- Slab
Patio And Porch
- Awning(s),Front Porch
Construction Materials
- Brick
-
Property / Lot Details
Lot Information
- Lot Size (Acr): 6.1100
- Lot Size Units: Acres
- Lot Size Square Feet: 266151.6000
- Lot Features: Acreage,Agricultural,Pasture
Property Information
- Property Type: Residential Income
- Property Sub Type: Apartment
- Subdivision: NONE
- City: Stephenville
- State: Texas
- Directions: GPS is accurate to location.
- Property Status: Active
-
Listing Information
Listing Price Information
- Original List Price: $2,500,000
Listing Information
- Possession: Closing/Funding
-
Taxes / Assessments
Tax Information
- Parcel Number: R000018742
- Tax Legal Description: ACRES: 6.110 A0271 FARROW JOHN M; & APARTMENT
- Unexempt Taxes: $11,568
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking: 20
- Parking Features: Additional Parking,Assigned,Common,Gravel,Oversized,Parking Lot,RV Access/Parking
Homeowners Association Information
- HOA Type: None
-
School, Utilities & Location Details
School Information
- Elementary School: Central
- High School: Stephenvil
- Junior High School: Stephenvil
- Intermediate School: Gilbert
- School District: Stephenville ISD
Utility Information
- Utilities: All Weather Road,Co-op Electric,Private Water,Septic,No City Services
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BuyOwner last updated this listing 11/23/2024 @ 05:24
- MLS: 444748658
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: NTREIS - North Texas Real Estate Information
is a Home, with 0 bedrooms which is for sale, it has 0 sqft, 6 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 and are nearby neighborhoods.