Every once in a while and opportunity like this presents it's...don't let this one get away! Exceptional income-producing horse property, just 5 minutes from Stephenville! Spanning approximately 15.1± acres (to be surveyed), this beautiful property features a newly remodeled 2,520 sq. ft. 4 bed and 2.5 bath main home complete with an inground swimming pool.
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!
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Price Unknown
693 County Road 501 #15, Stephenville, TX 76401
4beds
2,520sqft
Farm, Single Family Residence
Built in 1983
15 Acres Lot
$1,196,000 Zestimate®
$--/sqft
$3,131 Estimated rent
Home value
$1,196,000
Estimated sales range
Not available
$3,131/mo
Zestimate® history
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Cllint Mckeehan 0796386 254-987-2248,
Clark Real Estate Group 817-458-0402
Bought with:
Riley Fountain
The Platinum Group RE, LLC
Source: NTREIS,MLS#: 20823128
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Features: Ceiling Fan(s)
- Level: First
- Dimensions: 13 x 16
Bedroom
- Level: First
- Dimensions: 13 x 13
Bedroom
- Level: First
- Dimensions: 13 x 13
Bedroom
- Level: First
- Dimensions: 13 x 13
Living room
- Features: Built-in Features, Ceiling Fan(s), Fireplace
- Level: First
- Dimensions: 28 x 15
Heating
- Central, Propane
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Electric Oven, Gas Cooktop
Features
- Built-in Features, Granite Counters, High Speed Internet, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
- Flooring: Laminate, Simulated Wood, Vinyl
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Decorative, Den, Masonry, Stone, Wood Burning
Interior area
- Total interior livable area: 2,520 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Carport, Common, Gravel, Paved, RV Garage, RV Access/Parking
- Carport spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Pool features: In Ground, Pool
Lot
- Size: 15 Acres
- Features: Acreage, Agricultural, Few Trees
- Residential vegetation: Brush, Cleared, Grassed, Partially Wooded
Details
- Additional structures: Arena, Bunkhouse, Garage(s), Workshop, Barn(s)
- Parcel number: R000015707
- Horses can be raised: Yes
- Horse amenities: Barn, Hay Storage, Loafing Shed, Stock Pen(s), Tack Room, Arena
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch,Detached
- Property subtype: Farm, Single Family Residence
Materials
- Rock, Steel Siding, Stone, Stone Veneer
- Foundation: Slab
- Roof: Asphalt,Metal
Condition
- Year built: 1983
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Available, Overhead Utilities, Septic Available, Water Available
Community & neighborhood
Location
- Region: Stephenville
- Subdivision: NA
Other
Other facts
- Listing terms: Cash,Conventional,1031 Exchange
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 12/16/2025 | Sold | -- |
Source: NTREIS #20823128 Report a problem | ||
| 9/12/2025 | Contingent | $1,295,000$514/sqft |
Source: NTREIS #20823128 Report a problem | ||
| 1/21/2025 | Listed for sale | $1,295,000$514/sqft |
Source: NTREIS #20823128 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 76401
Nearby schools
GreatSchools rating
- 6/10Gilbert Intermediate SchoolGrades: 5-6Distance: 3.1 mi
- 9/10Henderson Junior High SchoolGrades: 7-8Distance: 2.7 mi
- 6/10Stephenville High SchoolGrades: 9-12Distance: 3.2 mi
Schools provided by the listing agent
- Elementary: Central
- High: Stephenvil
- District: Stephenville ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,196,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,196,000
- Texas
- Erath County
- Stephenville
- 76401
- 693 County Road 501 Unit 15