101 E Riverside Drive, Stephenville
$1,980,000 - 18 Beds, 12 Baths
MLS® # 20777071
8441 County Road 176, Stephenville
$2,500,000
0 Beds
10 Baths
0 Sqft
6.11 Acres
0 Garages
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.
Essential Information
MLS® #20735926
Price$2,500,000
Bathrooms10.00
Full Baths10
Acres6.11
Year Built2011
TypeResidential Income
Sub-TypeApartment
StatusActive
Community Information
Address8441 County Road 176
SubdivisionNONE
CityStephenville
CountyErath
StateTX
Zip Code76401-7936
Amenities
Parking Spaces20
Utilities
All Weather Road, Co-op Electric, Private Water, Septic, No City Services
Features
Horse Facilities, RV Parking, Stable(s)
Garages
Additional Parking, Assigned, Common, Gravel, Oversized, Parking Lot, RV Access/Parking
Interior
HeatingCentral, Electric
Interior Features
Eat-in Kitchen, High Speed Internet Available, Kitchen Island
Exterior
Lot DescriptionAcreage, Agricultural, Pasture
RoofMetal
ConstructionBrick
FoundationSlab
Exterior Features
Awning(s), Balcony, RV Hookup, RV/Boat Parking, Stable/Barn
School Information
DistrictStephenville ISD
ElementaryCentral
HighStephenvil
Listing Details
AgentChelsea Matlock
OfficeTexas Real Estate Twins
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Listing information last updated on November 27th, 2024 at 3:31pm CST.