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. Donât miss this chance to invest in a property with built-in demand and future growth opportunities.
Come take a look at this newly renovated Duplex within 2 miles of TSU! Unit 102 is 1,500 sq ft, 3 bed 1 Bath with a full kitchen and WD connections and is up for lease for $1,600 per month. Unit 101 is 1,500 sq ft, 4 bed 2 bath with a full kitchen and WD connections and is up for lease for $2,000 per month. Vacant land on the corner of Mccart and Oak is not included in sale.
Are you ready to create long term wealth in Real Estate!? Check these out! This unique property features four sets (8 total rentable units) of 2-bed, 1-bath units, each with a well-equipped kitchen (appliances included), a cozy breakfast area, and a spacious living room. Every unit comes with a carport that includes a utility room in the front, perfect for extra storage. Also includes a washer dryer hookup. Behind each unit, you'll find a horse trap and shed, adding to the property's versatility. All apartments are outfitted with their own connex boxes, offering additional secure storage. These units were completely redone on the inside 2 years ago to ensure they will last for years to come! Each duplex has its own water meter, ensuring convenience, independence and transparency for each tenant. Recent roofing upgrade adds to the property's longevity. This property is an ideal investment opportunity, perfectly suited for TSU students. Current rent rolls are availableÂuponÂrequest.
Welcome to your future oasis in the heart of Stephenville, Texas! This charming fixer-upper, ideally situated near the courthouse and ballpark, is brimming with potential. Framed by towering trees and featuring a spacious carport, this cozy home offers a serene escape just moments from the heart of town. With a little TLC and a vision for renovation, this property is poised to become the perfect blend of comfort and convenience. Don't miss out on this rare opportunity â schedule a showing today and unlock the possibilities!
Located in the thriving heart of Stephenville, known for its dynamic rodeo scene and vibrant college life, 120 Bunkhouse Rd. stands as a premier investment opportunity. This meticulously maintained property features 19 high-quality lodging units and 40 fully upgraded horse stalls, complemented by a professional-grade, lighted arenaâperfectly aligning with the local lifestyle. Additionally, it boasts six full-service RV spaces, a complete laundry facility, a modern conference room, and fully equipped office spaces. All rental spaces are currently fully occupied, ensuring a steady and robust revenue stream. These amenities not only enhance the propertyâs appeal but also ensure it is a turnkey solution with immediate revenue generation. This property has a strong existing tenant base and potential for further expansion due to wait list. This property promises substantial cash flow and represents a compelling investment for those seeking a stable, high-yield asset in a lively market.
Stephenville is located in Texas. Stephenville, Texas has a population of 19,929. Stephenville is more family-centric than the surrounding county with 42.45% of the households containing married families with children. The county average for households married with children is 32.32%.
The median household income in Stephenville, Texas is $44,204. The median household income for the surrounding county is $47,013 compared to the national median of $57,652. The median age of people living in Stephenville is 24.6 years.
The average high temperature in July is 94.2 degrees, with an average low temperature in January of 31 degrees. The average rainfall is approximately 33.7 inches per year, with 1.5 inches of snow per year.