About 8441 County Road 176
Prime investment opportunity in Stephenville, the Cowboy Capital of the World and home to rodeo collegiate powerhouse, Tarleton State University. This **fully occupied, income-producing** property offers a rare mix of residential and equine amenities, including **10 apartments**, **8 RV hookups**, **20 horse stalls with runs**, **15 covered pens**, and **4 large traps**. A key highlight is the **on-site roping arena**, adding a distinctive value feature for tenants and equine users. Located **directly across from the popular 377 Arena**, the property benefits from strong visibility and immediate connection to Stephenville’s active horse community. With **Tarleton State University’s growing enrollment contributing to a local housing shortage**, this property presents meaningful upside potential for rent increases across both the apartments and equine facilities. An exceptional chance to invest in a high-demand asset with multiple income streams and future growth.
Features of 8441 County Road 176
| MLS® # | 21227447 |
|---|---|
| Price | $1,795,000 |
| Bedrooms | 18 |
| Bathrooms | 10.00 |
| Full Baths | 10 |
| Acres | 6.11 |
| Year Built | 2011 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Active |
Community Information
| Address | 8441 County Road 176 |
|---|---|
| Subdivision | NA |
| City | Stephenville |
| County | Erath |
| State | TX |
| Zip Code | 76401-7936 |
Amenities
| Utilities | Asphalt, Co-op Electric, Private Water, Septic, No City Services |
|---|---|
| Features | Horse Facilities, Laundry, Perimeter Fencing, RV Parking |
| Parking Spaces | 20 |
| Garages | Gravel |
| Is Waterfront | No |
| Pool On Property | No |
Interior
| Interior Features | Eat-in Kitchen, High Speed Internet Available, Kitchen Island |
|---|---|
| Heating | Central, Electric |
| Fireplace | No |
Exterior
| Exterior Features | Balcony, RV Hookup, RV/Boat Parking, Stable/Barn, Awning(s) |
|---|---|
| Lot Features | Acreage, Agricultural, Pasture |
| Roof | Metal |
| Construction | Brick |
| Foundation | Slab |
School Information
| District | Stephenville ISD |
|---|---|
| Elementary | Central |
| High | Stephenvil |
Additional Information
| Community Features | Horse Facilities, Laundry, Perimeter Fencing, RV Parking |
|---|---|
| Flooring | Concrete, Other |
| Building Sqft | 6,098 |
| # Units | 10 |
Listing Details
| Agent | Brad Booth |
|---|---|
| Office | The Platinum Group RE, LLC |
| Contact Info | (817) 219-6673 |