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    693 County Road 501 Stephenville, TX 76401

    Active KO

    UPDATED:

    $ 1,295,000
    693 County Road 501 Stephenville, TX 76401
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    TX > Stephenville > Na
    Stephenville, TX 76401,693 County Road 501
    Stephenville, TX 76401,693 County Road 501
    Stephenville, TX 76401,693 County Road 501
    Stephenville, TX 76401,693 County Road 501
    Stephenville, TX 76401,693 County Road 501
    Stephenville, TX 76401,693 County Road 501
    REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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    Tamra Holden

    Tamra Holden

    team@thgdallas.com +1(469) 569-6549
    $ 1,295,000
    Est. payment | /mo

    8 Beds

    6 Baths

    15 Acres Lot


    Save Virtual Tour
    $ 1,295,000
    Est. payment | /mo
    Save Virtual Tour

    8 Beds

    6 Baths

    15 Acres Lot

    Key Details

    Property Type Single Family Home

    Sub Type Multiple Single Units

    Listing Status Active KO

    Purchase Type For Sale

    Subdivision Na

    MLS Listing ID 20821997

    Bedrooms 8

    Full Baths 5

    Half Baths 1

    HOA Y/N None

    Total Fin. Sqft 2520

    Year Built 1983

    Lot Size 15.000 Acres

    Acres 15.0

    Property Sub-Type Multiple Single Units

    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!

    Location

    State TX

    County Erath

    Direction From the corner of the South Loop and Lillian, take Lillian St. south to CR 256. Turn right on to CR 501. CR 501 dead ends at the property gate.

    Interior

    Interior Features Built-in Features, High Speed Internet Available, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)

    Heating Central, Propane

    Cooling Central Air, Electric

    Flooring Laminate, Simulated Wood, Vinyl

    Appliance Dishwasher, Electric Oven, Gas Cooktop

    Heat Source Central, Propane

    Exterior

    Utilities Available Co-op Electric, Gravel/Rock, Septic, Well

    Roof Type Asphalt,Metal

    Garage No

    Private Pool 1

    Building

    Lot Description Acreage

    Story One

    Foundation Slab

    Level or Stories One

    Structure Type Rock/Stone,Steel Siding,Stone Veneer

    Schools

    Elementary Schools Central

    High Schools Stephenvil

    School District Stephenville Isd

    Others

    Acceptable Financing Cash, Conventional

    Listing Terms Cash, Conventional

    Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20821997

    North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
    ©2025 North Texas Real Estate Information Systems.
    Listed by Clinton Mckeehan • Keller Williams Brazos West

    GET MORE INFORMATION

    Tamra Holden
    Tamra Holden

    Broker-Associate | Lic# 0625547

    team@thgdallas.com

    +1(469) 569-6549

    5605 N. MacArthur Blvd, Irving, TX, 75038

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    693 County Road 501

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    +1(469) 569-6549 team@thgdallas.com

    5605 N. MacArthur Blvd, Irving, TX, 75038

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