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693 Cr 501 15, Stephenville, TX 76401

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For Sale

$1,295,000

4 beds • 2 baths • 1 half baths • 2,520 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Farm/Ranch
    Property type

  • $513.89
    Price per square foot

  • 41-50 Years Old
    Age

  • Fireplace
    Fireplace

Explore this Property

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!
MLS# 20823128

Courtesy Of Clark Real Estate Group, Listed By Clinton Mckeehan

(254) 987-2248

Property Features

  • Age
    41-50 Years Old
  • Amenities
    Vaulted Ceiling
  • Appliances
    Cooktop, Cooktop - Gas, Dishwasher, Washer
  • Architecture Style
    Ranch
  • Exterior Type
    Stone, Stone Veneer
  • Fireplace
    Fireplace
  • Floor Covering
    Laminate, Vinyl, Wood
  • Lot Size
    15 Acres
  • Roof Type
    Asphalt, Metal

Map and Directions

Directions to 693 Cr 501 15, Stephenville, TX 76401

Home seller CENTURY 21 Judge Fite Company

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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