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… Read More 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. Read Less
Courtesy of The Platinum Group RE, LLC, Brad Booth.
Listing Snapshot
Days Online
116
Last Updated
Property Type
Apartment
Beds
18
Full Baths
10
Lot Size
6.11 Acres
Year Built
2011
MLS Number
21227447
Additional Details
Property Access
Road surface type: Asphalt
Appliances & Equipment
WaterPurifier
Building
Built in 2011, Construction materials: Brick, Levels: Two, 1 building, 2, Other structures: Barns, Stables, Toal building area: 6098
