693 Cr 501 Unit 15 Stephenville, TX 76401
Estimated payment $9,049/month
Highlights
- Barn or Stable
- In Ground Pool
- 15 Acre Lot
- Hook Elementary School Rated A
- RV Garage
- Vaulted Ceiling
About This Home
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!
Listing Agent
CLARK REAL ESTATE GROUP Brokerage Phone: 254-987-2248 License #0796386 Listed on: 01/21/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $26,198
Year Built
- Built in 1983
Lot Details
- 15 Acre Lot
- Property fronts a county road
- Brush Vegetation
- Cleared Lot
- Partially Wooded Lot
- Few Trees
Home Design
- Ranch Style House
- Slab Foundation
- Asphalt Roof
- Metal Roof
- Steel Siding
- Stone Veneer
Interior Spaces
- 2,520 Sq Ft Home
- Built-In Features
- Vaulted Ceiling
- Wood Burning Fireplace
- Decorative Fireplace
- Stone Fireplace
- Fireplace Features Masonry
- Den with Fireplace
Kitchen
- Electric Oven
- Gas Cooktop
- Dishwasher
- Granite Countertops
Flooring
- Engineered Wood
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
Parking
- 2 Attached Carport Spaces
- Common or Shared Parking
- Gravel Driveway
- Paved Parking
- RV Garage
Outdoor Features
- In Ground Pool
- Covered Patio or Porch
Schools
- Central Elementary School
- Stephenvil High School
Farming
- Agricultural
- Cattle or Livestock Pen
Horse Facilities and Amenities
- Horses Allowed On Property
- Tack Room
- Hay Storage
- Barn or Stable
- Arena
Utilities
- Central Heating and Cooling System
- Overhead Utilities
- Propane
- High Speed Internet
Listing and Financial Details
- Assessor Parcel Number R000015707
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $26,198 | $9,720 | $0 | $0 |
| 2023 | $15,878 | $9,360 | $0 | $0 |
| 2022 | $12,157 | $776,010 | $0 | $0 |
| 2021 | $5,747 | $0 | $0 | $0 |
| 2020 | $3,282 | $189,350 | $20,400 | $168,950 |
| 2019 | $2,899 | $178,970 | $20,000 | $158,970 |
| 2018 | $2,515 | $146,530 | $20,000 | $126,530 |
| 2017 | $2,507 | $146,060 | $20,000 | $126,060 |
| 2016 | $2,400 | $139,870 | $18,500 | $121,370 |
| 2015 | $2,136 | $135,420 | $18,500 | $116,920 |
| 2014 | $2,136 | $135,420 | $18,500 | $116,920 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/21/2025 01/21/25 | For Sale | $1,295,000 | -- | $514 / Sq Ft |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20823128
APN: R000015707
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Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved
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