UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiple Single Units
Listing Status Active
Purchase Type For Sale
Subdivision Na
MLS Listing ID 20821997
Bedrooms 8
Full Baths 5
Half Baths 1
HOA Y/N None
Total Fin. Sqft 2520
Year Built 1983
Lot Size 15.000 Acres
Acres 15.0
Property Sub-Type Multiple Single Units
Property Description
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!
Location
State TX
County Erath
Direction From the corner of the South Loop and Lillian, take Lillian St. south to CR 256. Turn right on to CR 501. CR 501 dead ends at the property gate.
Interior
Interior Features Built-in Features, High Speed Internet Available, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
Heating Central, Propane
Cooling Central Air, Electric
Flooring Laminate, Simulated Wood, Vinyl
Appliance Dishwasher, Electric Oven, Gas Cooktop
Heat Source Central, Propane
Exterior
Utilities Available Co-op Electric, Gravel/Rock, Septic, Well
Roof Type Asphalt,Metal
Garage No
Private Pool 1
Building
Lot Description Acreage
Story One
Foundation Slab
Level or Stories One
Structure Type Rock/Stone,Steel Siding,Stone Veneer
Schools
Elementary Schools Central
High Schools Stephenvil
School District Stephenville Isd
Others
Ownership Of Record
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20821997
