693 CR 501 #15
Stephenville, TX 76401
2520 sqft | 4 beds | 2.5 baths | 15.00 acres | #20823128
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 Details
- InteriorBuilt-in Features, Granite Counters, High Speed Internet Available, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
- Utility FeaturesCo-op Electric, Gravel/Rock, Overhead Utilities, Septic, Well
- Lot DescriptionAcreage, Agricultural, Few Trees
- School DistrictStephenville ISD
- Property SubtypeFarm/Ranch
- Property TypePurchase
- MLS #20823128
- MLS #20823128
- Acres15.0000
- Square Feet2520.00
- Elementary SchoolCentral
- Cost1295000
- StyleRanch
- CountyErath
- Year Built1983
- FoundationSlab
- Bathrooms2.5
- SubdivisionNA
- Fireplaces1
- Bedrooms4
- Full Baths2
- Half Baths1
Location
Legal
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Last Updated: . Source: NTREIS
Listing Courtesy
Listing Agent: Clinton Mckeehan (#0796386), Phone: (254) 987-2248
Listing Office: CLARK REAL ESTATE GROUP (#CREG00SV)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
