693 County Road 501, Stephenville, Texas 76401

  • 1983
  • 8
  • 6

For Sale

$1,295,000
ActiveListing ID #20821997
Basic Details
Residential Income
Active
20821997
1983
$1,295,000
2,520 Sqft
8
6
Property 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!

Features
Yes
Stone Veneer, Steel Siding, Rock, Stone
Metal, Asphalt
Central, Propane
Central Air, Electric
Electricity available, Water Available, Septic Available
Vaulted Ceiling(s), Built-in Features, Walk-in Closet(s), Pantry, High Speed Internet
Pool
Acreage
Fridge.
Additional Information
Central
Stephenvil
Preowned
4
Close Of Escrow
Clinton Mckeehan
CLARK REAL ESTATE GROUP
Address Map
693
County Road 501
NA
Stephenville
TX
76401
Erath
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    Data last updated: 02/22/2025 1:04 AM
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    For Sale

    $1,295,000
    ActiveListing ID #20821997
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    LeCordes@HomesandLandinTexas.com 214-836-0752
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