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$1,295,000

Beds
4
Baths
3.0
sq ft
2,520

693 County Road 501 Unit 15, Stephenville, TX 76401

693 County Road 501 Unit 15

Stephenville, TX 76401

  • 1 day on market
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!

Details

Property type

Single Family Residence

Lot size

15.0 acres

Price per sq ft

$514

Year built

1983

Price History

01/21/2025
NTREIS

NTREIS #20823128

Listed
$1,295,000

Schools & Community

Elementary school: 

Central

Middle school: 

Unknown

High school: 

Stephenvil

School district: 

Stephenville ISD

Status: Active

Tomo last checked: 01/22/2025 at 5:20 PM

Listing updated: 01/21/2025 at 8:13 PM

Listed by: Clinton Mckeehan, CLARK REAL ESTATE GROUP Phone #: (254) 987-2248

MLS: NTREIS #20823128

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