Stephenville TX Multi Family for Sale
$1,980,000
385 E Elm Street Stephenville, TX 76401
- Type:
- Apartment
- Sq.Ft.:
- 8,922
- Status:
- NEW LISTING
- Beds:
- 18
- Lot size:
- 0.48 Acres
- Year built:
- 2015
- Baths:
- 18.00
- MLS#:
- 20773140
- Subdivision:
- Cage Add
View additional info
Courtesy: Ebby Halliday Realtors-Stephenville
ADDITIONAL INFORMATION
Fully occupied 11-unit complex located in the vibrant city of Stephenville, home to Tarleton State University, a thriving Division 1 college. Built in 2015, this modern residential income property offers an exceptional investment opportunity with a strong and stable tenant base. The property features a mix of spacious 1-bedroom and 2-bedroom units, all designed with open floor plans, built-in storage, walk-in closets, and high-speed internet access. Property features 23 dedicated parking spaces, central HVAC systems, and electric appliances, the property provides both comfort and convenience for tenants while keeping operational costs low. Situated on a 0.482-acre corner lot, the complex enjoys a prime location within minutes of campus, downtown Stephenville, and local amenities, ensuring high demand and low vacancy rates. The well maintained grounds and modern construction make this a turn-key investment, perfect for real estate investors, property management companies, or institutional buyers seeking a high-performing asset. With a strong track record of occupancy, minimal maintenance needs, and a desirable location in a growing college town, this property offers a rare chance to secure a reliable and profitable addition to your portfolio. Donât miss this exceptional opportunity to invest in Stephenvilleâs thriving rental market.
$1,980,000
101 E Riverside Drive Stephenville, TX 76401
- Type:
- Apartment
- Sq.Ft.:
- 8,750
- Status:
- NEW LISTING
- Beds:
- 18
- Lot size:
- 1.04 Acres
- Year built:
- 2015
- Baths:
- 18.00
- MLS#:
- 20777071
- Subdivision:
- City Add
View additional info
Courtesy: Larinda Ray Realty Team
ADDITIONAL INFORMATION
GREAT INVESTMENT PROPERTY! Here is a fully occupied 11-unit apartment complex with 7 units that are 2 bedrooms, 1.5 baths and 4 units that are 1 bedrooms, 1 bath giving you a total of 11 units. With Tarleton State University growing and now a D1 school this would be a great rental property for an investor, a property management company, or buyers looking for a high-performance investment. This complex was built in 2015, and it has central heat and air, electric appliances, and is well maintained ensuring high demand and low vacancy rates. There are 18 parking spaces however some of the spaces are extremely long for even more parking space. This upscale townhome complex is within walking distance to the Stephenville city park and downtown Stephenville making the location even more desirable. Call for your appointment today! Need a 24 hour notice to show.
$2,500,000
8441 County Road 176 Stephenville, TX 76401
- Type:
- Apartment
- Sq.Ft.:
- 6,098
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 6.11 Acres
- Year built:
- 2011
- Baths:
- 10.00
- MLS#:
- 20735926
- Subdivision:
- None
View additional info
Courtesy: Texas Real Estate Twins
ADDITIONAL INFORMATION
Prime investment opportunity in Stephenville, the Cowboy Capital of the World! This fully occupied property features 10 apartments, 8 RV hookups, 20 horse stalls with runs, 15 covered pens, and 4 large traps. The standout feature is a roping arena, offering a unique bonus for tenants. Situated just across from the popular 377 Arena, this property boasts excellent exposure to the thriving local equine community. With the largest incoming class at Tarleton State University in 2024 fueling a housing shortage, there's significant potential to raise rents on both the apartments and equine facilities. Donât miss this chance to invest in a property with built-in demand and future growth opportunities.
$2,450,000
841 County Road 502 Stephenville, TX 76401
- Type:
- Apartment
- Sq.Ft.:
- 9,600
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 3.9 Acres
- Year built:
- 1983
- Baths:
- 8.00
- MLS#:
- 20716905
- Subdivision:
- None
View additional info
Courtesy: Keller Williams Realty
ADDITIONAL INFORMATION
Are you ready to create long term wealth in Real Estate!? Check these out! This unique property features four sets (8 total rentable units) of 2-bed, 1-bath units, each with a well-equipped kitchen (appliances included), a cozy breakfast area, and a spacious living room. Every unit comes with a carport that includes a utility room in the front, perfect for extra storage. Also includes a washer dryer hookup. Behind each unit, you'll find a horse trap and shed, adding to the property's versatility. All apartments are outfitted with their own connex boxes, offering additional secure storage. These units were completely redone on the inside 2 years ago to ensure they will last for years to come! Each duplex has its own water meter, ensuring convenience, independence and transparency for each tenant. Recent roofing upgrade adds to the property's longevity. This property is an ideal investment opportunity, perfectly suited for TSU students. Current rent rolls are availableÂuponÂrequest.
$4,450,000
120 Bunkhouse Road Stephenville, TX 76401
- Type:
- Apartment
- Sq.Ft.:
- 16,110
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 6.26 Acres
- Year built:
- 2015
- Baths:
- 21.00
- MLS#:
- 20601224
- Subdivision:
- Na
View additional info
Courtesy: Texas Legacy Group
ADDITIONAL INFORMATION
Located in the thriving heart of the rodeo scene of Stephenville,and convenient to TSU,120 Bunkhouse Rd. stands as a premier investment opportunity. This meticulously maintained property features 19 high-quality lodging units and 40 fully upgraded horse stalls, complemented by a professional-grade, lighted arenaâperfectly aligning with the local lifestyle. Additionally, it boasts six full-service RV spaces, a complete laundry facility, a modern conference room, and fully equipped office spaces. All rental spaces are currently fully occupied, ensuring a steady and robust revenue stream. These amenities not only enhance the propertyâs appeal but also ensure it is a turnkey solution with immediate revenue generation. This property has a strong existing tenant base and potential for further expansion due to wait list. This property promises substantial cash flow and represents a compelling investment for those seeking a stable, high-yield asset in a lively market.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. ©2024 North Texas Real Estate Information Systems
Stephenville Real Estate
The median home value in Stephenville, TX is $251,700. This is lower than the county median home value of $269,400. The national median home value is $338,100. The average price of homes sold in Stephenville, TX is $251,700. Approximately 36.99% of Stephenville homes are owned, compared to 48.96% rented, while 14.05% are vacant. Stephenville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Stephenville real estate agent to arrange a tour today!
Stephenville, Texas has a population of 20,504. Stephenville is more family-centric than the surrounding county with 44.5% of the households containing married families with children. The county average for households married with children is 35.33%.
The median household income in Stephenville, Texas is $50,552. The median household income for the surrounding county is $56,691 compared to the national median of $69,021. The median age of people living in Stephenville is 25.5 years.
Stephenville Weather
The average high temperature in July is 94.2 degrees, with an average low temperature in January of 31.5 degrees. The average rainfall is approximately 33.7 inches per year, with 1 inches of snow per year.