BEDS18
BATHS10 full
MLS#21227447
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONNA
SCHOOLStephenville ISD
Property Description
Prime investment opportunity in Stephenville, the Cowboy Capital of the World and home to rodeo collegiate powerhouse, Tarleton State University. This **fully occupied, income-producing** property offers a rare mix of residential and equine amenities, including **10 apartments**, **8 RV hookups**, **20 horse stalls with runs**, **15 covered pens**, and **4 large traps**. A key highlight is the **on-site roping arena**, adding a distinctive value feature for tenants and equine users. Located **directly across from the popular 377 Arena**, the property benefits from strong visibility and immediate connection to Stephenville’s active horse community. With **Tarleton State University’s growing enrollment contributing to a local housing shortage**, this property presents meaningful upside potential for rent increases across both the apartments and equine facilities. An exceptional chance to invest in a high-demand asset with multiple income streams and future growth.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air, Electric
Heating: Central, Electric
Lot Size: 6.11 Acres
Roof Type: Metal
Year Built: 2011
Amenities
Eat-in Kitchen
High Speed Internet Available
Kitchen Island
Awning(s)
Balcony
RV Hookup
RV/Boat Parking
Stable/Barn
Feature Descriptions
Appliances: Water Filter, Other
Community Features: Horse Facilities, Laundry, Perimeter Fencing, RV Parking
Days on Site: 11
Exterior: Brick
Flooring: Concrete, Other
Lot: Acreage, Agricultural, Pasture
Parcel#: R000018742
Parking: Gravel
Parking Notes: Gravel
Patio/Porch: Awning(s), Covered
Units: 10
Utilities: Asphalt, Co-op Electric, Private Water, Septic, No City Services
Local Schools
Elementary School: Central
School District: Stephenville ISD
Listed By / Shown By
Listed By
Agency Name: The Platinum Group RE, LLC
Agency Contact: (817) 341-6156
Agent Name: Brad Booth
Shown By
Agency Title: Kelly, Realtors
Agency Phone: (254) 741-1500
Agency Email: info@kellyrealtors.com
Agency Text: (254) 717-6447
Estimate Your Payment
Estimated Payment
$ 5,537.91 per month $4,896.25 Principal & Interest $0.00 Property Tax (data not provided by mls) $641.67 Homeowner's Insurance
8441 County Road 176 | MLS# 21227447
This multi-family property located at 8441 County Road 176, Stephenville, TX 76401 is currently listed for sale with an asking price of $2,200,000. County Road 176 is located within the Stephenville ISD school district. Search Stephenville real estate on www.kellyrealtors.com today.