841 County Road 502

Stephenville, TX 76401
$2,125,000
9600 sqft | 8 baths | 3.90 acres | #20716905

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
      • Interior:High Speed Internet Available
      • Bathrooms:8
      • Full Baths:8
      • Lot description:Lrg. Backyard Grass
      • Exterior materials:Covered Patio/Porch
      • Acres:3.9000
      • Square Feet:9600.00
      • Property type:Multi-Family
      • Year built:1983
      • Foundation:Slab
      • Utility features:Asphalt, Outside City Limits, Septic, Well, No City Services
      • School district:Stephenville ISD
      • Elementary School:Central
      • County:Erath
      • MLS #:20716905
      • Cost:2125000
      • Property subtype:Apartment
      • MLS #:20716905

Location

Sapphire Realty Real Estate Group
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years

Down Payment

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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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annually
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monthly

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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