945 County Road 502, Stephenville, TX 76401 - MLS#20971650

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Rhonda Brown

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

$1,700,000

Est. payment - /mo

16 Beds

8 Baths

3.9 Acres Lot

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Na

MLS Listing ID 20971650

Bedrooms 16

Full Baths 8

HOA Y/N None

Total Fin. Sqft 9600

Year Built 1983

Lot Size 3.900 Acres

Acres 3.9

Property Sub-Type Duplex

Property 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 electric 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.

Location

State TX

County Erath

Direction On US 377 take exit for FM 914S Alexander. Turn left onto Alexander Rd. Make a sharp left onto CR 502 and property will be on your right.

Interior

Interior Features Open Floorplan

Heating Central

Cooling Central Air

Flooring Luxury Vinyl Plank

Appliance Electric Cooktop

Heat Source Central

Exterior

Utilities Available Electricity Connected, Well

Roof Type Metal

Garage No

Building

Story One

Foundation Slab

Level or Stories One

Structure Type Metal Siding

Schools

Elementary Schools Central

High Schools Stephenvil

School District Stephenville Isd

Others

Ownership Stephenville Investments

Acceptable Financing 1031 Exchange, Cash, Conventional, USDA Loan

Listing Terms 1031 Exchange, Cash, Conventional, USDA Loan

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20971650

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Lane Cooper • Keller Williams Heritage West

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Rhonda Brown

+1(214) 414-2002

Agent | License ID: 0747745

Agent License ID: 0747745

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945 County Road 502 Stephenville, TX 76401

Rhonda Brown

Key Details

Location

Interior

Exterior

Building

Schools

Others

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