000 County Road 392 Active Save Request In-Person Tour Request Virtual Tour
Stephenville,TX 76401
Key Details
Property Type Multi-Family
Sub Type Multiple Single Units
Listing Status Active
Purchase Type For Sale
Square Footage 20,000 sqft
Price per Sqft $241
Subdivision Wilson
MLS Listing ID 20955350
Year Built 1985
Lot Size 93.500 Acres
Property Sub-Type Multiple Single Units
Property Description
This beautiful income producing property is available for the first time and ready for a new owner to expand on its potential. The property fronts paved county road 392, with additional frontage on CR 383, just south of Lingleville, west of Stephenville, and North of Dublin in the productive cattle and horse country. Highlights of this multi-dimensional ranch include a 3,200 sqft custom home, 1,800 sqft guest house, 11 rental units with an established seven figure rental income and full occupancy. Rentals consist of five double-wides, four single-wides, and a set of duplexes, 20+ horse stalls and loafing sheds, 19 turnouts, and lighted arena. The ranch is complete with cattle working pens, 60x100' hay barn, equipment barn, and workshop with hydraulic lift. Additionally, there are multiple ponds, a swimming area with slide, rope swing and zip line. Do you fly? This ranch has a private 1,500 ft. airstrip to conveniently fly in and out with ease. There are multiple opportunities to consider with this unique property. As a family ranch, it is one of the nicest around. As an investment, it offers cashflow to offset the cost of the ranch. **The sellers WOULD SELL JUST The Rental houses and 17 acres alone. Contact our team for additional information and details. A full packet is available upon request to Brokers, Agents and qualified buyers.
Location
State TX
County Erath
Interior
Heating Central
Cooling Central Air
Flooring See Remarks
Exterior
Fence Cross Fenced,Perimeter
Utilities Available Septic,Well
Roof Type Metal
Building
Lot Description Acreage,Airstrip,Oak,Pasture,Water/Lake View
Story Multi/Split
Foundation Slab
Structure Type Stone Veneer,See Remarks
Schools
Elementary Schools Linglevill
Middle Schools Linglevill
High Schools Linglevill
School District Lingleville Isd
Others
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional
Special Listing Condition Aerial Photo
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20955350