693 CR 501 #15 Stephenville, TX 76401
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Farm
Listing Status Active
Purchase Type For Sale
Square Footage 2,520 sqft
Price per Sqft $513
Subdivision Na
MLS Listing ID 20823128
Style Ranch,Detached
Bedrooms 4
Full Baths 2
Half Baths 1
HOA Y/N No
Year Built 1983
Lot Size 15.000 Acres
Acres 15.0
Property Sub-Type Farm
Property Description
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!
Location
State TX
County Erath
Direction From the corner of the South Loop and Lillian, take Lillian St. south to CR 256. Turn right on to CR 501. CR 501 dead ends at the property gate.
Rooms
Other Rooms Arena, Bunkhouse, Garage(s), Workshop, Barn(s)
Interior
Interior Features Built-in Features, Granite Counters, High Speed Internet, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
Heating Central, Propane
Cooling Central Air, Electric
Flooring Laminate, Simulated Wood, Vinyl
Fireplaces Number 1
Fireplaces Type Decorative, Den, Masonry, Stone, Wood Burning
Fireplace Yes
Appliance Dishwasher, Electric Oven, Gas Cooktop
Exterior
Parking Features Attached Carport, Common, Gravel, Paved, RV Garage, RV Access/Parking
Carport Spaces 2
Pool In Ground, Pool
Utilities Available Electricity Available, Overhead Utilities, Septic Available, Water Available
Water Access Desc Well
Roof Type Asphalt,Metal
Present Use Agricultural,Cattle,Grazing,Horses,Livestock,Multi-Family,Pasture,Ranch,Residential,Single Family
Street Surface Gravel
Porch Covered
Road Frontage County Road
Garage No
Building
Lot Description Acreage, Agricultural, Few Trees
Dwelling Type House
Foundation Slab
Sewer Septic Tank
Water Well
Level or Stories One
Additional Building Arena, Bunkhouse, Garage(s), Workshop, Barn(s)
Schools
Elementary Schools Central
High Schools Stephenvil
School District Stephenville Isd
Others
Tax ID R000015707
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20823128