000 County Road 392, Stephenville, TX

$4,820,000

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20,000

Square feet

93.50

Acres

About 000 County Road 392

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.

Features of 000 County Road 392

MLS® # 20955350
Price $4,820,000
Bathrooms 0.00
Square Footage 20,000
Acres 93.50
Year Built 1985
Type Residential Income
Sub-Type Multi Family
Status Active

Community Information

Address 000 County Road 392
Subdivision Wilson
City Stephenville
County Erath
State TX
Zip Code 76401

Amenities

Utilities Septic, Well
Parking Spaces 30
Garages Common
Is Waterfront No
Pool On Property No

Interior

Interior Features Other
Heating Central
Fireplace No

Exterior

Lot Features Acreage, Airstrip, Oak, Pasture, Water/Lake View
Roof Metal
Construction Stone Veneer, See Remarks
Foundation Slab

School Information

District Lingleville ISD
Elementary Linglevill
Middle Linglevill
High Linglevill

Additional Information

Flooring See Remarks
Special Notes. Aerial Photo
$/LivSqFt $241
Net Income $135,600
Building Sqft 20,000
# Units 13

Listing Details

AgentKasey Mock
OfficeKeller Williams Brazos West
Contact Info(512) 275-6625

Listing Map

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