Courtesy: Keller Williams Heritage West
817-441-4000
Welcome to 3D Bunkhouse, a rare investment opportunity in the heart of Stephenville—widely known as the Cowboy Capital of the World and home to the thriving TSU community. This unique multifamily property combines residential living, short-term rental income, and equine-focused amenities, making it an exceptionally versatile asset in one of Texas’s most sought-after rodeo and university markets. Located just over an hour from the Dallas–Fort Worth Metroplex, Stephenville offers the charm of a small Texas town with the steady energy and demand generated by TSU students, faculty, rodeo athletes, and traveling competitors. This strong tenant base creates consistent occupancy and long-term investment security. Community & Amenities 3D Bunkhouse is designed to accommodate a wide range of residents and guests. The property features full RV hookups ideal for short-term visitors, rodeo travelers, and event participants. On-site conveniences include a laundry facility, snack station, and secure mail delivery for tenants. The property also offers multiple income-producing amenities, including established short-term rental units, large fully covered horse stalls, storage units, and premium equestrian facilities. Riders and competitors benefit from a 150' x 200' outdoor roping and riding arena, a 60' round pen, and a concrete tie wash area, creating a highly attractive environment for those involved in the equine and rodeo industries.
Courtesy: Ebby Halliday Realtors
This well-maintained income property is a fantastic investment opportunity! Each side of this duplex features 2 bedrooms, 1 bathroom, and stylish concrete floors that make for easy upkeep and a modern touch. The open layout and neutral finishes appeal to a wide range of tenants, making it a consistently easy property to lease. Each unit has a 10 x 10 storage for extra space outside provided. Tenants love the peaceful outdoor space — a beautiful backyard area shaded by mature trees that gives the feeling of being near the country, all while being conveniently close to town. Both units are currently fully occupied with steady rental history and strong income potential. Whether you’re looking to add to your portfolio or purchase your first investment property, this duplex is a low-maintenance, high-demand opportunity with excellent curb appeal and long-term value.
Courtesy: Keller Williams Brazos West
817-279-6996
Welcome to this hidden gem centrally located in the heart of Stephenville, Texas! With its prime location, private parking, and spacious layout, this 1,200 square foot duplex offers an exceptional opportunity for both homeowners and investors alike. The property is split up into two separate 2 bed, 2 full bath spaces. It boasts generously sized bedrooms, providing ample space for comfortable living with well-appointed bathrooms. One of the standout features of this property is the private parking, allowing residents to securely park their vehicles right at home. No need to worry about street parking or searching for a spot—convenience is right at your doorstep. This duplex presents a fantastic investment opportunity, whether you're looking to expand your real estate portfolio or generate rental income. With its desirable location and privacy, it offers the potential for strong rental demand and a steady return on investment. This property is located just a couple blocks from the Stephenville square, and the city park is literally right behind the property! This proximity to the park will surely attract tenants to this location! This one is sure to move quickly, so don't delay, come and take a look!
Courtesy: MOORE HOME AND RANCH, LLC
254-459-0889
Charming Dual-Residence Property on 2.62 Beautifully Landscaped Acres. Discover a unique opportunity with two residences on one stunning property, ideal for multi-generational living or additional rental income. Nestled on a peaceful dead-end road, this well-maintained 2.62-acre estate features a spacious 1,953 sq ft main home with 3 bedrooms and 2 bathrooms, plus a fully equipped 1-bedroom, 1-bath guest house currently generating $700 per month in rental income. The main residence offers a warm and inviting atmosphere with a large living area perfect for entertaining, a generously sized primary suite with ensuite bathroom, and an additional bonus room that can serve as an office, 4th bedroom, or playroom. The kitchen is well-appointed with abundant cabinetry, newer appliances, and a separate dining area ideal for family gatherings. Recent upgrades include new windows, hot water heater, and new appliances including refrigerator (2023) new HVAC system (2024) and microwave (2025). Stylish laminate and tile flooring run throughout the home. The guest house is 630 sq ft and includes a living area, full kitchen (appliances included), and a covered carport with storage space for lawn equipment or a vehicle—making it a highly desirable rental or in-law suite. The property also boasts a reliable 365-ft water well with a new pump and updated electrical systems, a spacious concrete slab perfect for outdoor entertaining or sports, and a dedicated yard space for pets separate from the main backyard. Horses and 4H animals are welcome. Built in 1982 and only owned by two families, this property offers a rare blend of comfort, functionality, and income potential in a serene rural setting. Whether you're looking for a peaceful homestead, room to grow, or an income-generating investment, this property has it all. Schedule your showing today—this one won’t last long!
Courtesy: NextHome LoneStar Living
Just a few blocks from Tarleton State University, Central Elementary, and Stephenville City Park, this 5-bedroom, 3-bath home offers location, space, and versatility. Built in 1920, it spans over 2,600 square feet on a half-acre lot, with two separate living areas that make it ideal for student housing, multi-generational living, or single-family use. Whether you want to spread out and use the whole space, live on one side and rent the other, or turn it into a full investment property—the setup works. You're only 0.2 miles from campus, 0.1 miles to Central Elementary, and 0.6 miles to the park. Hard to beat the options this place gives you.
Courtesy: Keller Williams Brazos West
817-279-6996
Turnkey income producing rental property now available for the first time and ready for a new owner to expand on its potential. The property fronts paved county road 392, just south of Lingleville, west of Stephenville, and North of Dublin in the productive cattle and horse country. Highlights of this multi-dimensional property include a 11 rental units with an established seven figure rental income and full occupancy. Rentals consist of five double-wides, four single-wides, and a set of duplexes. The mobile homes have been very well cared for, updated and maintained regularly, and currently being re-sided with matching metal. Horse facilities consist of 20+ horse stalls and loafing sheds, 19 turnouts, and lighted arena. Contact our team for additional information and details. A full packet is available upon request to Brokers, Agents and qualified buyers.
Courtesy: Keller Williams Brazos West
817-279-6996
This beautiful income producing property is available for the first time and ready for a new owner to expand on its potential. The property fronts paved county road 392, with additional frontage on CR 383, just south of Lingleville, west of Stephenville, and North of Dublin in the productive cattle and horse country. Highlights of this multi-dimensional ranch include a 3,200 sqft custom home, 1,800 sqft guest house, 11 rental units with an established seven figure rental income and full occupancy. Rentals consist of five double-wides, four single-wides, and a set of duplexes, 20+ horse stalls and loafing sheds, 19 turnouts, and lighted arena. The ranch is complete with cattle working pens, 60x100' hay barn, equipment barn, and workshop with hydraulic lift. Additionally, there are multiple ponds, a swimming area with slide, rope swing and zip line. Do you fly? This ranch has a private 1,500 ft. airstrip to conveniently fly in and out with ease. There are multiple opportunities to consider with this unique property. As a family ranch, it is one of the nicest around. As an investment, it offers cashflow to offset the cost of the ranch. **The sellers WOULD SELL JUST The Rental houses and 17 acres alone. Contact our team for additional information and details. A full packet is available upon request to Brokers, Agents and qualified buyers.
Courtesy: Keller Williams Brazos West
817-279-6996
YOU WON'T FIND ANOTHER INVESTMENT LIKE THIS ONE!! ONE OF A KIND!! The Ranch Apartments are up grabs. This apartment complex sits in the best location it could have within half a mile from Tarleton Rodeo Facility. So it offers a nice continous amount of potential tenants. A total of 54 apartments with a prestige 3 bedroom 2 bath house nestled under the trees. 144 stalls for additional income generating to add to the cash cow. One covered arena with return alley for convenience. Also outside arena for those nice days. A nice pavillion for tenants enjoy by the entrance offers a nice curb appeal very inviting! Plenty of parking throughout the complex.
Courtesy: Ebby Halliday Realtors
Turnkey Investment Property with Expansion Potential on 5 Acres! Built in 2021, these low-maintenance units combine functionality with a contemporary design featuring four modern quadplex buildings, each offering 2-bedroom, 1-bath units with appliances, stained concrete floors and private fenced backyards—perfect for attracting long-term tenants. In addition, the property includes a fully remodeled manufactured home with 3 bedrooms, 2 baths, screened porch and its own fenced yard, ideal as an owner’s residence, rental, or guest space. Outside amenities include a 6-stall barn, arena, loafing sheds, and room to expand with more facilities or even an additional quadplex. This property has maintained occupancy, has a new well for the quadplex units, and is income producing perfect for your investment portfolio.
Courtesy: Ebby Halliday Realtors
Looking for some well maintained investment properties in the fast growing market of Stephenville,Texas and Tarleton State University? These quadruplexes are just 3 blocks from campus! Easy walking distance for students and tenants. Some really nice updates like granite countertops and LVP flooring have been done to both complexes. Each unit is 2 BR 2 BA and allows two parking spaces per unit. In total there are 8 BR 8 BA in each complex. 852 W. Vanderbilt and 892 W. Vanderbilt are both being offered for sale. Buy one or both units and start your real estate portfolio in one of the fastest growing college towns in Texas. Buyer and Buyers agent to verify all information.
Courtesy: Ebby Halliday Realtors
Looking for some well maintained investment properties in the fast growing market of Stephenville,Texas and Tarleton State University? These quadruplexes are just 3 blocks from campus! Easy walking distance for students and tenants. Some really nice updates like granite countertops and LVP flooring have been done to both complexes. Each unit is 2 BR 2 BA and allows two parking spaces per unit. In total there are 8 BR 8 BA in each complex. 852 W. Vanderbilt and 892 W. Vanderbilt are both being offered for sale. Buy one or both units and start your real estate portfolio in one of the fastest growing college towns in Texas. Buyer and Buyers agent to verify all information.
Courtesy: Majestic Realty Group
Great investment opportunity!! 4 plex! The units are 2 bedroom 2 full bath. Walking distance to Tarleton State University! All the units have been updated with granite counter tops, luxury vinyl plank floorings, and paint! Each unit includes Refrigerator and stackable washer and dryer. Large fenced back yard. 8 parking spaces in front.
Courtesy: Keller Williams Brazos West
817-279-6996
Great investment property opportunity!! Here is a very nice, very well built duplex! This duplex has brick on the exterior,2 bedrooms and two baths in each unit and has its own garage to park in as well as concrete driveway and circle drive! These units have been rented by the same tenants for many many years! The owners are selling off their investment properties and this one needs to go! The property is located in a great rental neighborhood and close to the Tarleton State University campus! This 2 bedroom 2 bath type rental is one of the most desired and always rent very easily in this town. This type of multi unit property is hard to find, so come take a look before its gone!
Stephenville is located in Texas. Stephenville, Texas has a population of 20,504. Stephenville is more family-centric than the surrounding county with 44.5% of the households containing married families with children. The county average for households married with children is 35.33%.
The median household income in Stephenville, Texas is $50,552. The median household income for the surrounding county is $56,691 compared to the national median of $69,021. The median age of people living in Stephenville is 25.5 years.
The average high temperature in July is 94.2 degrees, with an average low temperature in January of 31.5 degrees. The average rainfall is approximately 33.7 inches per year, with 1 inches of snow per year.
