Lucy Cervantes
    Lucy Cervantes
    (214) 986-5512lucydfwrealestate@gmail.com
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    • Lucy Cervantes(214) 986-5512
      lucydfwrealestate@gmail.com
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    • Great Western Realty
      6275 W Plano Parkway Ste 500
      Plano, TX 75093
      214-986-5512
      lucydfwrealestate@gmail.com

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    North Texas Real Estate Information Systems

    © 2023 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Lucy Cervantes shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright

    $1,295,000
    Accepting Backup Offers

    693 County Road 501

    Stephenville, TX 76401
    8 beds | 5.5 baths | 15.00 acres | #20821997
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    38 photos
    Type:Multi-Family
    Structure:House
    Zone:Residential

    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!

    • Property Details
        • InteriorBuilt In Features, High Speed Internet, Pantry, Vaulted Ceilings, Walk In Closets
        • Utility FeaturesElectricity Available, Septic Available, Water Available
        • AppliancesDishwasher, Electric Oven, Gas Cooktop
        • Parking FeaturesAttached Carport, Common, Gravel
        • CoolingCentral Air, Electric
        • Property SubtypeResidentialIncome
        • HeatingCentral, Propane
        • School DistrictStephenville ISD
        • RoofAsphalt, Metal
        • Property TypeMulti-Family
        • Sewer InformationSeptic Tank
        • High SchoolStephenvil
        • Parcel NumberR000015707
        • MLS #20821997
        • MLS #20821997
        • Lot FeaturesAcreage
        • Lot DescriptionAcreage
        • Elementary SchoolCentral
        • Cost1295000
        • Parking TypeGarage
        • CountyErath
        • Pool FeaturesPool
        • Year Built1983
        • FoundationSlab
        • Utility SourceWell
        • Bathrooms5.5
        • Days on Market (Cumulative)326
        • Acres15
        • SubdivisionNA
        • Bedrooms8
        • Full Baths5
        • Half Baths1

    Location

    Legal

    © 2023 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Lucy Cervantes shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright

    Last Updated: Today at 4:57 AM. Source: NTREIS

    Provided By
    Listing Agent: Clinton Mckeehan (#0796386), Phone: (254) 987-2248
    Listing Office: Keller Williams Brazos West (#KWRE00SV)

    Lucy CervantesReal Estate Group
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