TX
Erath
Stephenville
76401
693 County Road 501
693 County Road 501, Stephenville, TX 76401
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Listing Type
other
Listing Status
active
38
$1,295,000

Home Details for 693 County Road 501

Price
$1,295,000
Type
Residential Income
Bedrooms
8
Bathrooms
6.0
Square feet
NaN
Year built
1983
Lot size acres
15
County
Erath
Garage
Days on site
339
MLS Listing#
20821997
Property Description

Every once in a while and opportunity like this presents it's...don't let this one get away! Exceptional income-producing horse property, just 5 minutes from Stephenville! Spanning approximately 15.1± acres (to be surveyed), this beautiful property features a newly remodeled 2,520 sq. ft. 4 bed and 2.5 bath main home complete with an inground swimming pool. Ready for the horse enthusiasts, the property boasts a lighted arena with a return alley and stock holding pens. Adjacent to the main home, you'll find three apartments, 5 full RV hookups, and six horse stalls with pipe-fenced turnouts. Additional amenities include turnouts with sheds able to accommodate up to 24 additional horses, and a large, approximately 100'x50' commodity barn with covered working pens and tack rooms. Rental income from one 2-1 rental unit and two 1-1 rental unit that are all currently rented. There is also rental income from the horse stalls and turnouts for additional horses. The 5 RV spaces are consistently rented and provide steady income. This property offers endless possibilities: live comfortably in the main house while generating income from the apartments and stalls, or enjoy it all to yourself. Opportunities like this are rare, don’t let it slip away!

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Property Features
  • House Interior
    • Built-in Features
    • Pantry
    • Vaulted Ceiling(s)
    • Walk-In Closet(s)
    • High Speed Internet
  • Parking
    • Attached Carport
    • Common
    • Gravel
  • Cooling Information
    • Central Air
    • Electric
  • Heating Information
    • Central
    • Propane
  • Water Features
    • Well
School Information
School Information for 693 County Road 501, Stephenville, TX 76401
Elementary School
Central
Middle School
Stephenvil
High School
Stephenvil
Listing Courtesy: CLARK REAL ESTATE GROUP - 254-987-2248
Presented by: Clinton Mckeehan
Dallas MLS - N.T.R.E.I.S. logoThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
Last Updated: 2025-10-17 13:00:39
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EXIT REALTY ELITE
129 S. Main St, Ste 260, Grapevine, TX 76051
Jerry Hawn
License #: 0706288
Sales Representative
Office
817 925 5503
Agent
817 905 9019
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