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Stephenville,TX 76401
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,520 sqft
Price per Sqft $513
Subdivision Na
MLS Listing ID 20823128
Style Ranch
Bedrooms 4
Full Baths 2
Half Baths 1
Year Built 1983
Lot Size 15.000 Acres
Property 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!
Location
State TX
County Erath
Rooms
Dining Room 1
Interior
Heating Central,Propane
Cooling Central Air,Electric
Flooring Laminate,Simulated Wood,Vinyl
Fireplaces Number 1
Fireplaces Type Decorative,Den,Masonry,Stone,Wood Burning
Exterior
Pool In Ground
Utilities Available Co-op Electric,Gravel/Rock,Overhead Utilities,Septic,Well
Roof Type Asphalt,Metal
Building
Lot Description Acreage,Agricultural,Few Trees
Story One
Foundation Slab
Structure Type Rock/Stone,Steel Siding,Stone Veneer
Schools
Elementary Schools Central
High Schools Stephenvil
School District Stephenville Isd
Others
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional