693 Cr 501 # 15
Stephenville, TX 76401
$1,295,000
4 Beds
2 Baths
2,520 sq ft
MLS 20823128
$1,295,000
MLS 20823128
4
Beds
2
Baths
2,520
Sq Ft
About this home
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!
On the market for 131 days
Single Family built in 1983
1,050 sq ft lot
$514 per sq ft
No Pool
Highlights
Summary of the property details
Beds:
4
Baths:
2
Sq. Ft:
2,520
Stories:
1
Year Built:
1983
County:
Erath
Last updated May 14, 2025
Property details
Parking, utilities, etc for the listing
General
Restrictions
Additional Fee:
N/A
Restrictions:
N/A
Disclosures:
N/A
Construction
Year Built:
1983
New Construction:
N/A
Subdivision:
N/A
Area:
N/A
Master Planned:
N/A
Style:
N/A
Type:
N/A
Sub Type:
N/A
Interior
Virtual Tour
Garage Type:
N/A
Bedroom Information
# of Bedrooms:
4
Bathroom Information
# of Baths (Full):
N/A
# of Baths (Half):
1
Fireplace Information
# of Fireplaces:
N/A
Fireplaces Description:
N/A
Interior Features
Room Description:
N/A
Bedroom Description:
N/A
Kitchen Description:
N/A
Dishwater:
N/A
Range Type:
N/A
Oven Type:
N/A
Disposal:
N/A
Compactor:
N/A
Countertops:
N/A
Cable:
N/A
Cool System:
N/A
Appliances:
Dishwasher, Electric Oven, Gas Cooktop
Loft:
N/A
Furnished:
N/A
Floors:
N/A
Exterior
Pool
Private Pool:
N/A
Pool Area:
N/A
Exterior Features
Features:
N/A
Water / Sewer:
N/A
Building Stories:
N/A
Complex Access:
N/A
Lot Description:
N/A
Parking Information
# of Garage Parking Spaces:
N/A
Garage Type:
N/A
Parking Desc:
N/A
Garage Carport:
N/A
Rental
Application Fee:
N/A
Rental Terms:
N/A
Smoking Allowed:
N/A
Deposit Pet:
N/A
Pets Allowed:
N/A
Schools
Central Elementary School
Elementary
Unknown Middle School
Middle
Unknown High School
High School
Location
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Listed By
CLARK REAL ESTATE GROUP
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Homes similar to 693 Cr 501 # 15 are listed between $240,000 and $645,000 at and average of $203 per square foot.
