$2,125,000
For Sale

841 County Road 502

Stephenville, TX 76401
9600 sqft | 8 baths | 3.90 acres | #20716905
Type:Multi-Family
Structure:Unit
Zone:Residential

Description

Are you ready to create long term wealth in Real Estate!? Check these out! This unique property features four sets (8 total rentable units) of 2-bed, 1-bath units, each with a well-equipped kitchen (appliances included), a cozy breakfast area, and a spacious living room. Every unit comes with a carport that includes a utility room in the front, perfect for extra storage. Also includes a washer dryer hookup. Behind each unit, you'll find a horse trap and shed, adding to the property's versatility. All apartments are outfitted with their own connex boxes, offering additional secure storage. These units were completely redone on the inside 2 years ago to ensure they will last for years to come! Each duplex has its own water meter, ensuring convenience, independence and transparency for each tenant. Recent roofing upgrade adds to the property's longevity. This property is an ideal investment opportunity, perfectly suited for TSU students. Current rent rolls are available upon request.

  • Property Details
      • Utility FeaturesAsphalt, Outside City Limits, Septic, Well, No City Services
      • InteriorHigh Speed Internet Available
      • Lot DescriptionLrg. Backyard Grass
      • Exterior MaterialsCovered Patio/Porch
      • School DistrictStephenville ISD
      • Property TypeMulti-Family
      • Property SubtypeApartment
      • MLS #20716905
      • MLS #20716905
      • Square Feet9600.00
      • Elementary SchoolCentral
      • Cost2125000
      • Acres3.9000
      • CountyErath
      • Year Built1983
      • FoundationSlab
      • Bathrooms8
      • Full Baths8

Location

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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