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8441 County Road 176

Stephenville, Texas 76401
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Bed 18

Bed

Bath 10

Bath

Acres6.11

Acres(Lot)

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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,985,000

AD Id : 76884601

MLS Id : 556014628

Beds : 18

Lot Size : 6.11 Acres

Year Built : 2011

County : Erath

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 18

    Bathroom Information

    Total Baths: 10 Full Baths: 10
  • Interior Features

    Eat-in Kitchen,High Speed Internet Available,Kitchen Island

    Appliances

    Water Filter,Other

    Utilities

    Asphalt,Co-op Electric,Private Water,Septic,No City Services
  • Cooling Features

    Central Air,Electric

    Heating Source

    Central,Electric

  • Building Information

    Built Year: 2011 Building Area Total: 6,098 Construction: Brick Roof Type: Metal
  • Exterior Features

    Awning(s),Balcony,RV Hookup,RV/Boat Parking,Stable/Barn

    Foundation

    Slab
  • Patio And Porch

    Awning(s),Covered

    Construction Materials

    Brick

  • Lot Information

    Lot Size (Acr): 6.1100 Lot Size Units: Acres Lot Size Square Feet: 266,152 Lot Features: Acreage,Agricultural,Pasture
  • Property Information

    Property Type: Residential Income Property Sub Type: Apartment Subdivision: NA City: Stephenville State: Texas Directions: GPS Friendly and Accurate Property Status: Active Levels: Two Property Age: 15 Year Built Details: Preowned

  • Listing Price Information

    Original List Price: $1,985,000
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: R000018742 Tax Legal Description: ACRES: 6.110 A0271 FARROW JOHN M; & APARTMENT Unexempt Taxes: $10,648

  • Parking Information

    Parking: 20 Parking Features: Gravel
  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Central High School: Stephenvil Junior High School: Stephenvil Intermediate School: Gilbert School District: Stephenville ISD
  • Utility Information

    Utilities: Asphalt,Co-op Electric,Private Water,Septic,No City Services
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
10849 Fm 205, Stephenville, TX, 76401 $599,999 3 2 2,190 2,190 SqFt
1470 Private Road 701, Stephenville, TX, 76401 $350,000 2 1 1,290 1,290 SqFt
2510 County Road 182, Stephenville, TX, 76401 $585,000 4 3 2,040 2,040 SqFt
1565 County Road 233, Stephenville, TX, 76401 $433,000 3 2 1,680 1,680 SqFt
4611 County Road 226, Stephenville, TX, 76401 $280,000 2 2 1,248 1,248 SqFt
1973 County Road 513, Stephenville, TX, 76401 $1,199,000 4 2 1,939 1,939 SqFt
140 Private Road 1708, Stephenville, TX, 76401 $170,000 1 1 640 640 SqFt
4850 County Road 179, Stephenville, TX, 76401 $415,000 3 2 1,680 1,680 SqFt
900 Lookout Point, Stephenville, TX, 76401 $439,900 3 3 1,584 1,584 SqFt
2509 County Road 226, Stephenville, TX, 76401 $339,900 3 2 1,616 1,616 SqFt
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 07/18/2026 @ 05:45

MLS: 556014628 LISTED BY: Brad Booth, The Platinum Group RE, LLC 817-341-6156 SOURCE: NTREIS - North Texas Real Estate Information

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