885 County Road 422, Stephenville
$1,150,000 - 2 Beds, 2 Baths, 1,064 Sf
MLS® # 20796659
693 Cr 501 15, Stephenville
$1,295,000
4 Beds
2.1 Baths
2,520 Sqft
15 Acres
0 Garages
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!
Essential Information
MLS® #20823128
Price$1,295,000
Bedrooms4
Bathrooms2.10
Full Baths2
Half Baths1
Square Footage2,520
Acres15.00
Year Built1983
TypeResidential
Sub-TypeFarm
StyleRanch
StatusActive
Community Information
Address693 Cr 501 15
SubdivisionNA
CityStephenville
CountyErath
StateTX
Zip Code76401
Amenities
Has PoolYes
PoolIn Ground
Utilities
Co-op Electric, Gravel/Rock, Overhead Utilities, Septic, Well
Garages
Attached Carport, Common, Gravel, Paved, RV Access/Parking, RV Garage
Interior
HeatingCentral, Propane
FireplaceYes
# of Fireplaces1
Interior Features
Built-in Features, Granite Counters, High Speed Internet Available, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
Fireplaces
Decorative, Den, Masonry, Stone, Wood Burning
Exterior
RoofAsphalt, Metal
FoundationSlab
Lot Description
Acreage, Agricultural, Few Trees
Construction
Rock/Stone, Stone Veneer, Steel Siding
School Information
DistrictStephenville ISD
ElementaryCentral
HighStephenvil
Listing Details
AgentClinton Mckeehan
OfficeCLARK REAL ESTATE GROUP
Properties for Sale Similar to 693 Cr 501 15, Stephenville, TX
More Similar Listings
Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. Data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.
Listing information last updated on January 30th, 2025 at 12:19pm CST.