$2,500,000

6.11± Acres

Active

Erath County, TX

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8441 County Road 176, Stephenville, Texas

MLS ID: 20735926

Status: Active

Price: $2,500,000

Acres: 6.11±

Type: Apartment, Residential

Address: 8441 County Road 176

City, State: Stephenville, TX

County: Erath County

ZIP Code: 76401

Lat/Long: 32.279453, -98.135436

Parcel Number: R000018742

Bathrooms: 10

Year Built: 2011

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.

Directions: GPS is accurate to location.

Additional Information

Interior

Bathrooms Full: 10

Building Area Total: 6,098

Cooling (Yes/no): Yes

Cooling: Central Air, Electric

Flooring: Concrete, Other

Heating (Yes/no): Yes

Heating: Central, Electric

Interior Features: Eat In Kitchen, High Speed Internet, Kitchen Island

Exterior

Exterior Features: Awnings, Balcony, Rv Hookup

Foundation Details: Slab

Lot Features: Acreage, Agricultural, Pasture

Lot Size Area: 6

Lot Size Square Feet: 266,152

Other Structures: Barns, Stables

Parking Features: Additional Parking, Assigned, Common, Gravel, Oversized, Parking Lot, Boat, Rv Access Parking

Parking Total: 20

Patio and Porch Features: Awnings, Front Porch, Balcony

Road Frontage Type: All Weather Road

Roof: Metal

Stories: 2

Water Source: Private

Financial/HOA/Schools

Elementary School: Central

Elementary School District: Stephenville ISD

Middle School District: Stephenville ISD

High School: Stephenvil

High School District: Stephenville ISD

Tax Annual Amount: 11568

Extra Information

Virtual Tour: https://www.propertypanorama.com/instaview/ntreis/20735926

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Everette Newland

Denton, Texas

(940) 390-3410

Interested? Contact Us Today About This Listing

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 February 5, 2025 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: February 5, 2025 at 12:00:00 AM UTC

Listed By: Chelsea Matlock of Texas Real Estate Twins