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Search Land - 693 County Road 501, Stephenville, Texas 76401

693 County Road 501, Stephenville, Texas 76401

$1,295,000
MLS #TX1257086
693 County Road 501 Unit#15, Stephenville, TX
Status: Active
Photos
1/40
Property Type
Acreage
Equestrian Property
Home with Acreage
Acreage
15 acres
County
Erath, TX
Format
Sale
Features
Arena
Corrals
Home
Water Well
List Date
Jan 21, 2025
Documents
N/A
Description
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! Tim Clark & Clint McKeehan Clint-325-356-6015 clint@clarkreg.com
Listing Agent
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Tim Clark
Co-Op Member Owner
Clark Real Estate Group
Weatherford, Texas
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