$4,450,000
6.26± Acres
Active
Erath County, TX

120 Bunkhouse, Stephenville, Texas

MLS ID: 20601224
Status: Active
Price: $4,450,000
Acres: 6.26±
Type: Apartment, Residential
Address: 120 Bunkhouse
City, State: Stephenville, TX
County: Erath County
ZIP Code: 76401
Parcel Number: R000075446
Bathrooms: 21
Year Built: 2015

Description

Located in the thriving heart of Stephenville, known for its dynamic rodeo scene and vibrant college life, 120 Bunkhouse Rd. stands as a premier investment opportunity. This meticulously maintained property features 19 high-quality lodging units and 40 fully upgraded horse stalls, complemented by a professional-grade, lighted arena—perfectly aligning with the local lifestyle. Additionally, it boasts six full-service RV spaces, a complete laundry facility, a modern conference room, and fully equipped office spaces. All rental spaces are currently fully occupied, ensuring a steady and robust revenue stream.

These amenities not only enhance the property’s appeal but also ensure it is a turnkey solution with immediate revenue generation. This property has a strong existing tenant base and potential for further expansion due to wait list. This property promises substantial cash flow and represents a compelling investment for those seeking a stable, high-yield asset in a lively market.

Directions: Follow GPS for directions

Additional Information

Interior

Appliances: Dishwasher
Bathrooms Full: 21
Building Area Total: 16,110
Cooling (Yes/no): Yes
Cooling: Central Air, Ceiling Fans
Flooring: Concrete
Heating (Yes/no): Yes
Heating: Central
Interior Features: Decorative Designer Lighting Fixtures

Exterior

Exterior Features: RVHookup, Storage
Fencing: Barbed Wire, Gate, Pipe
Foundation Details: Slab
Lot Features: Acreage
Lot Size Area: 6
Lot Size Source: Assessor
Lot Size Square Feet: 272,729
Open Parking: Yes
Other Structures: Barns, Stables
Parking Features: Asphalt, Open, Outside, Parking Lot, Boat, RVAccess Parking
Parking Total: 30
Patio and Porch Features: Covered
Roof: Metal
Stories: 1

Financial/HOA/Schools

Elementary School: Central
Elementary School District: Stephenville ISD
Middle School District: Stephenville ISD
High School: Stephenvil
High School District: Stephenville ISD
Subdivision Name: Na
Tax Annual Amount: 27491
Everette Newland

Everette Newland

Denton, Texas

(940) 390-3410

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All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of June 25, 2024 at 12:00:00 AM UTC.

You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: June 25, 2024 at 12:00:00 AM UTC

Listed By: Jennifer Birkle of Texas Legacy Realty