8441 County Road 176, Stephenville, Texas

$2,500,000
Active
8441 County Road 176, Stephenville, Texas
8441 County Road 176, Stephenville, Texas
8441 County Road 176, Stephenville, Texas
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Property Details

MLS ID: 20735926
Status: Active
Price: $2,500,000
Acres: 6.11±
Type: Apartment, Residential
Address: 8441 County Road 176
City, State: Stephenville, TX
County: Erath County
ZIP Code: 76401
Parcel Number: R000018742
Bathrooms: 10
Year Built: 2011

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.

Directions: GPS is accurate to location.

Robert Bong

Robert Bong

Capitol Ranch Real Estate, LLC

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Robert Bong
Capitol Ranch Real Estate, LLC
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You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: November 21, 2024 at 12:00:00 PM UTC

Listed By: Chelsea Matlock of Texas Real Estate Twins