8441 County Road 176 Active Save Request In-Person Tour Request Virtual Tour
Stephenville,TX 76401
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20735926
Full Baths 10
Year Built 2011
Annual Tax Amount $11,568
Lot Size 6.110 Acres
Property Description
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.
Location
State TX
County Erath
Community Horse Facilities,Rv Parking,Stable(S)
Interior
Heating Central,Electric
Cooling Central Air,Electric
Flooring Concrete,Other
Exterior
Exterior Feature Awning(s),Balcony,RV Hookup,RV/Boat Parking,Stable/Barn
Community Features Horse Facilities,RV Parking,Stable(s)
Utilities Available All Weather Road,Co-op Electric,Private Water,Septic,No City Services
Roof Type Metal
Building
Lot Description Acreage,Agricultural,Pasture
Story Two
Foundation Slab
Structure Type Brick
Schools
Elementary Schools Central
High Schools Stephenvil
School District Stephenville Isd