$8,000,000

295 Lindsey Ln Stephenville, TX 76401

Estimated payment $45,304/month

Total Views 2,276
99 Beds
25 Baths
1,360 Sq Ft
$5,882 Price per Sq Ft

Highlights

  • 1-Story Property
  • Central Heating and Cooling System
  • Concrete Flooring
  • Attic Fan
  • Ceiling Fan

About This Home

YOU WON'T FIND ANOTHER INVESTMENT LIKE THIS ONE!! ONE OF A KIND!! The Ranch Apartments are up grabs. This apartment complex sits in the best location it could have within half a mile from Tarleton Rodeo Facility. So it offers a nice continous amount of potential tenants. A total of 54 apartments with a prestige 3 bedroom 2 bath house nestled under the trees. 144 stalls for additional income generating to add to the cash cow. One covered arena with return alley for convenience. Also outside arena for those nice days. A nice pavillion for tenants enjoy by the entrance offers a nice curb appeal very inviting! Plenty of parking throughout the complex.

Listing Agent

Kyle Varnado

Keller Williams Brazos West Brokerage Phone: (254) 485-6188 License #0661389 Listed on: 05/16/2025

Keller Williams Brazos West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,565

Year Built

  • Built in 2012

Lot Details

  • 7.35 Acre Lot

Home Design

  • Slab Foundation
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Concrete Flooring
  • Attic Fan

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 99 Bedrooms
  • 25 Full Bathrooms

Parking

  • Additional Parking
  • On-Site Parking

Schools

  • Huckabay Elementary School
  • Huckabay High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Aerobic Septic System

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number R000077949

Community Details

Overview

  • 6 Buildings
  • 55 Units
  • 1,360 Sq Ft Building
  • Gadi West Subdivision

Building Details

  • Gross Income $870,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,565

Year Built

Built in 2012

Lot Details

0

Listing Details

  • OWNERNAME: Of Record
  • Property Type: Residential Income
  • Unit Levels: One
  • Year Built Details: Preowned
  • Attribution Contact: (254) 485-6188
  • Co List Office Mls Id: KWRE00SV
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Built: 2012

Interior Features

  • Interior Amenities: Pantry
  • Flooring: Concrete
  • Appliances: Electric Range, Electric Water Heater, Microwave, Refrigerator

Beds/Baths

  • Full Bathrooms: 25
  • Total Bedrooms: 99

Exterior Features

  • Foundation: Slab
  • Roof: Metal
  • Construction Materials: Metal Siding
  • Pool Features: None
  • RoadSurfaceType: Asphalt

Garage/Parking

  • Cooling System: Attic Fan, Central Air, Ceiling Fan(s), Electric
  • Parking Features: Additional Parking, On Site

Utilities

  • Sewer: Aerobic Septic
  • Heating: Central
  • Utilities: Septic Available
  • Heating Yn: Yes

Schools

  • Elementary School: Huckabay
  • High School: Huckabay
  • Junior High Dist: Huckabay ISD

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 7.35
  • Parcel Number: R000077949
  • Lot Size Acres: 7.35
  • Lot Size Sq Ft: 320166.0

Building Info

  • Year Built: 2012
  • Units Total: 55

Tax Info

  • Tax Lot: 2
  • Tax Annual Amount: 20565.0

Multi Family

  • Annual Gross Income: 870000.0

MLS Schools

  • MiddleOrJuniorSchool: Huckabay

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 For Sale $8,000,000 -- $5,882 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20938973

North Texas Real Estate Information Systems (NTREIS)