Investment Opportunity! Equestrian Rental Property, discover a unique income-generating property designed for horse lovers and those seeking a tranquil, rural lifestyle. This 4.005-acre property features a 3-bedroom, 2-bath single wide mobile home, that is currently rented for $1,500, complete with a 4-stall shed row and 3 large turnouts. Additionally, there are two cozy 2-bedroom, 1-bath cabins, that rent for $1,300, that share a 4-stall shed row and each with two individual turnouts. The property also includes a detached two-car carport with a laundry room and storage area. With the increasing demand for equestrian-friendly rentals, this property offers a fantastic opportunity to capitalize on a niche market and generate consistent income.
For sale
$350,000
1970 County Road 262, Stephenville, TX 76401
7beds
1,215sqft
Est.:
Multi Family
Built in 1999
-- sqft lot
$333,800 Zestimate®
$288/sqft
$-- HOA
What's special
Detached two-car carport
- 39 days
- on Zillow |
- 382 |
- 23 |
Zillow last checked: 7 hours ago
Listing updated: July 31, 2025 at 08:52am
Listed by:
J J HAMPTON 254-965-4717,
J.J. HAMPTON REALTY 254-965-4717
Source: NTREIS,MLS#: 20981498
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 2
- Full bathrooms: 4
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Electric Range, Electric Water Heater
Features
- Decorative/Designer Lighting Fixtures, High Speed Internet, Open Floorplan
- Flooring: Carpet, Laminate, Luxury Vinyl Plank
- Windows: Window Coverings
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,215
- Total interior livable area: 1,215 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Detached Carport, Open
- Carport spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Exterior features: Storage
- Pool features: None
- Fencing: Cross Fenced,Fenced
Lot
- Size: 4.06 Acres
- Features: Acreage, Back Yard, Corner Lot, Lawn, Landscaped, Pasture, Few Trees
Details
- Additional structures: Barn(s), Stable(s)
- Parcel number: R000063941
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Pillar/Post/Pier
- Roof: Metal
Condition
- Year built: 1999
Utilities & green energy
- Sewer: Septic Tank
- Water: Community/Coop
- Utilities for property: Electricity Connected, None, Overhead Utilities, Septic Available, Water Available
Community & HOA
Community
- Subdivision: Highview Estate
HOA
- Has HOA: No
Location
- Region: Stephenville
Financial & listing details
- Price per square foot: $288/sqft
- Tax assessed value: $317,110
- Annual tax amount: $4,305
- Date on market: 7/7/2025
- Electric utility on property: Yes
- Road surface type: Dirt
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