TBD County Road 392
Stephenville, Texas 76401
0
Bed
0
Bath
10.25Acres(Lot)
This turnkey income producing rental property is now available with a NEW configuration and NEW Pricing to fit more Buyers. As of April, 2026 the property is 100% occupied, with gross rental income of $148,000 per year. The property fronts paved county road 392, just south of Lingleville, west of Stephenville, and North of Dublin Close to Tarleton State University. Highlights of this multi-dimensional property include a 10 rental units with an established seven figure rental income and full occupancy. Rentals consist of five double-wides, four single-wides, and one RV spot. The mobile homes have been very well cared for, updated and maintained regularly, and recently re-sided with matching sheet metal. Horse facilities consist of 20+ horse stalls and loafing sheds, 19 turnouts, and lighted
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 0 -
Interior Features
OtherAppliances
OtherUtilities
Cable Available,Co-op Electric,Septic,Well -
Cooling Features
Central AirHeating Source
CentralFireplace
Number of Fireplaces: 0
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Building Information
Built Year: 1985 Building Area Total: 20,000 Construction: Metal Siding,See Remarks Roof Type: Metal -
Exterior Features
Stable/BarnFoundation
Combination -
Fencing
Cross Fenced,PerimeterConstruction Materials
Metal Siding,See Remarks
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Lot Information
Lot Size (Acr): 10.2500 Lot Size Units: Acres Lot Size Square Feet: 446,490 Lot Features: Acreage,Agricultural,Cedar,Oak,Pasture -
Property Information
Property Type: Residential Income Property Sub Type: Multiple Single Units Subdivision: Wilson City: Stephenville State: Texas Directions: From HWY 8 west of Stephenville, turn west on CR 392, and go 2.9 miles. The Property is on the left past CR 383. From FM 219 south of Lingleville, turn east on CR 392 and go .75 mile. The property will be on the right (south side). Property Status: Active Levels: Multi/Split Property Age: 41 Year Built Details: Preowned
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Listing Price Information
Original List Price: $1,400,000 -
Listing Information
Possession: Negotiable
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Tax Information
Parcel Number: R000014828
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Parking Information
Parking: 30 Parking Features: Common -
Homeowners Association Information
HOA Type: None
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School Information
Elementary School: Linglevill Middle School: Linglevill High School: Linglevill School District: Lingleville ISD -
Utility Information
Utilities: Cable Available,Co-op Electric,Septic,Well
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 4155 County Road 188, Stephenville, TX, 76401 | $925,000 | 3 | 2 | 2,306 | 2,306 SqFt |
| 24860 N Us Highway 281, Stephenville, TX, 76401 | $3,300,000 | 4 | 4 | 3,500 | 3,500 SqFt |
| 120 Bunkhouse Road, Stephenville, TX, 76401 | $3,999,999 | 36 | 26 | 15,090 | 15,090 SqFt |
| 4565 County Road 140, Stephenville, TX, 76401 | $1,480,000 | 4 | 2 | 2,400 | 2,400 SqFt |
| 6940 N Us Highway 281, Stephenville, TX, 76401 | $1,435,000 | 4 | 4 | 3,136 | 3,136 SqFt |
| 120 Clark Lane, Stephenville, TX, 76401 | $479,000 | 3 | 3 | 2,175 | 2,175 SqFt |
| 124 Clark Lane, Stephenville, TX, 76401 | $475,000 | 3 | 3 | 2,175 | 2,175 SqFt |
| 126 Clark Lane, Stephenville, TX, 76401 | $479,000 | 3 | 3 | 2,175 | 2,175 SqFt |
| 122 Clark Lane, Stephenville, TX, 76401 | $475,000 | 3 | 3 | 2,175 | 2,175 SqFt |
| 588 S Minter Street, Stephenville, TX, 76401 | $177,400 | 1 | 1 | 987 | 987 SqFt |
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ByOwner last updated this listing 06/07/2026 @ 18:14
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