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693 County Road 501
Stephenville, TX 76401
8 Beds
5 Baths
2,520 sq ft
MLS 20821997
MLS 20821997
Beds
Baths
Sq Ft
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 89 days
Multi-Family built in 1983
$514 per sq ft
No Pool
Summary of the property details
Beds:
8
Baths:
5
Sq. Ft:
2,520
Stories:
1
Year Built:
1983
County:
Erath
Last updated Apr 15, 2025
Parking, utilities, etc for the listing
Additional Fee:
N/A
Restrictions:
N/A
Disclosures:
N/A
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
Garage Type:
N/A
# of Bedrooms:
8
# of Baths (Full):
N/A
# of Baths (Half):
1
# of Fireplaces:
N/A
Fireplaces Description:
N/A
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, ElectricOven, GasCooktop
Loft:
N/A
Furnished:
N/A
Floors:
N/A
Private Pool:
N/A
Pool Area:
N/A
Features:
N/A
Water / Sewer:
N/A
Building Stories:
N/A
Complex Access:
N/A
Lot Description:
N/A
# of Garage Parking Spaces:
N/A
Garage Type:
N/A
Parking Desc:
N/A
Garage Carport:
N/A
Application Fee:
N/A
Rental Terms:
N/A
Smoking Allowed:
N/A
Deposit Pet:
N/A
Pets Allowed:
N/A
Elementary
Middle
High School
No upcoming open houses
CLARK REAL ESTATE GROUP
Homes similar to 693 County Road 501 are listed between $450,000 and $1,300,000 at and average of $301 per square foot.
