CENTURY 21 Mike Bowman, Inc. CENTURY 21 Mike Bowman, Inc.
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198 S Belknap Avenue Stephenville, TX 76401

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$975,000
198 S Belknap Avenue Stephenville, TX 76401
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TX > Stephenville > City Add
Stephenville, TX 76401,198 S Belknap Avenue
Stephenville, TX 76401,198 S Belknap Avenue
Stephenville, TX 76401,198 S Belknap Avenue
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Rhonda Brown

Rhonda Brown

CENTURY 21 Mike Bowman, Inc.

rhonda.brown@c21bowman.com +1(214) 414-2002
$975,000
Est. payment /mo
4,152 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 4,152 sqft

Price per Sqft $234

Subdivision City Add

MLS Listing ID 20968555

Total Fin. Sqft 4152

Year Built 1889

Annual Tax Amount $5,354

Lot Size 2,134 Sqft

Acres 0.049

Property Sub-Type Business

Property Description

At the center of Stephenville's story stands a structure as commanding as it is rare. This isn't just an address—it's a legacy. For the investor or visionary ready to lead with purpose and presence, the Historic First National Bank Building delivers a once-in-a-generation opportunity.
Built in 1889, the prestigious First National Bank Building stands as a cornerstone of downtown Stephenville and as a proud Recorded Texas Historic Landmark. Constructed in a Romanesque style and later enhanced with Neoclassical and Queen Anne elements, the building showcases a visually striking blend of architectural features. The rusticated light grey limestone façade, ashlar pattern stonework, and copper-roofed turret lend timeless character. The entrance, framed by a Neoclassical portico, hints at the building's storied past as a financial hub during Stephenville's formative years. Inside, the replastered walls, decorative friezes, and transoms evoke a bygone era. Much of the original longleaf pine flooring, baseboards, door frames, and millwork remain in place, offering authenticity for investors seeking heritage and character. Renovated with care, the building has been structurally maintained providing a solid foundation for commercial, mixed-use, or boutique hospitality opportunities. Currently, the building is actively utilized as a retail space on the ground floor with office rentals above—providing immediate income potential for the next owner while maintaining flexibility for future vision and use. Whether as a gallery, retail destination, professional offices, or a signature restaurant, the possibilities for this landmark are as expansive as its legacy. This is more than a real estate purchase—it's an investment in the living history of Stephenville. Opportunities like this don't come along often!

Location

State TX

County Erath

Zoning Zoned DT - Downtown

Direction 198 S Belknap

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Wood

Heat Source Central, Electric

Exterior

Utilities Available City Sewer, City Water, Curbs

Roof Type Built-Up

Garage No

Building

Foundation Stone

Structure Type Plaster,Rock/Stone,Wood

Others

Ownership RED FENCES LLC

Special Listing Condition Aerial Photo, Historical, Special Contracts/Provisions

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20968555


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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
©2025 North Texas Real Estate Information Systems.
Listed by Joyce Holland • HOLLAND HOME & LAND REALTY

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Rhonda Brown

+1(214) 414-2002

Agent | License ID: 0747745

Agent License ID: 0747745

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CENTURY 21 Mike Bowman, Inc.

Rhonda Brown License ID: 0747745

+1(214) 414-2002 rhonda.brown@c21bowman.com

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