With Stephenville being a college town, especially a college that attracts rodeo enthusiasts, the need for rental properties will always be a necessity. This property is the perfect set-up for an investor who is looking for a horse property to invest in for rental income or it would make a wonderful home for someone looking for one or more residences, maybe to house family members or even to live in one home and rent the other.
This property features two residences a doublewide manufactured home and a singlewide manufactured home. Other amenities include an open arena; six large traps; four sheds; two stalls by a container with an overhang; a shed row barn; six stalls with runs and a nice pasture all located on 11 acres just outside of town!
The Residences
Doublewide The main home is a 3/2 doublewide manufactured home that was built in 1993 and contains 1,792 square feet. It boa...
Doublewide The main home is a 3/2 doublewide manufactured home that was built in 1993 and contains 1,792 square feet. It boasts two living areas and a spacious kitchen as well as a private master bathroom that is also roomy. The master bathroom has a double sink vanity, a garden tub, and a separate shower. Overall, the home is in great shape. In June of 2015, the range and the air conditioning unit were replaced new.
Singlewide The singlewide home was built in 2000 and contains 1,216 square feet. It sits amongst some nice oak shade trees and has a two-car carport for parking. It currently rents for $1,100 per month with two horses allowed.
The doublewide and the singlewide homes share a septic system.
excludes: cabin
The Outbuildings & Amenities
Located on this all-encompassing property is an open arena with nice sand, six large traps, four sheds, two stalls by a container with overhangs, a shed row barn, six stalls with runs, and a storm bunker. There is also an above ground pool that may need some cleaning.
The Property
These homes sit on 11.070 acres of land that is tree-shaded around the homes and amenities. The property is irregular in shape but is laid out in a nice way with the homes located toward County Road 490 and the horse amenities behind them. Theres still about half of the sandy soil land available in an open pasture. A tank is also located in the back corner of the property.
excludes: Ulrich tack room & arena lights
Area Demographics
This property is located just 3.6 miles or 6 minutes from the Stephenville Square. Stephenville is located about an hour and fifteen minutes from Fort Worth. For those looking to re-locate in Erath County, this property is in Stephenville, Texas, the county seat. Stephenville is home to Tarleton State University, which has an enrollment of more than 7,800 and a full time faculty and staff of 1,100. Six major manufacturing firms employ 1,400 people in Stephenville. The towns major industry is agriculture, with approximately $200 million added to the economy yearly. Of that amount, dairy farming leads the way with approximately $140 million in revenue. According to the 2010 census, the county population was 37,890 and the city population was 17,123.
Search for detailed parcel information including; Elevation & Vegetation Maps, Ownership Information, Detailed Parcel Information, Crop History Map, Soil Survey Productivity Data, and more.
Research Parcel InformationFrom Stephenville, Hwy 67 toward Glen Rose. Right on CR 490. Property on the Right. SOP
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