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841 County Road 502
Stephenville, TX 76401
841 County Road 502 · Multifamily Property For Sale
·
8 Units
Investment Highlights
- Duplexes with Horse Stalls near Tarleton State University.
- 8 total rentable units of 2-bed, 1-bath units, each with a well-equipped kitchen (appliances included), a cozy breakfast area, and a living area.
- Behind each unit, you'll find a horse trap and shed, adding to the property's versatility.
- Renovated.
- Every unit comes with a carport that includes a utility room in the front, perfect for extra storage.
- All apartments are outfitted with their own Connex boxes, offering additional secure storage.
Executive Summary
Are you ready to create long term wealth in Real Estate!? Check these out! This unique property features four sets (8 total rentable units) of 2-bed, 1-bath units, each with a well-equipped kitchen (appliances included), a cozy breakfast area, and a spacious living room. Every unit comes with a carport that includes a utility room in the front, perfect for extra storage. Also includes a washer dryer hookup. Behind each unit, you'll find a horse trap and shed, adding to the property's versatility. All apartments are outfitted with their own connex boxes, offering additional secure storage. These units were completely redone on the inside 2 years ago to ensure they will last for years to come! Each duplex has its own water meter, ensuring convenience, independence and transparency for each tenant. Recent roofing upgrade adds to the property's longevity. This property is an ideal investment opportunity, perfectly suited for TSU students. Current rent rolls are available upon request.
Property Facts
| Price Per Unit | $212,500 | Building Class | B |
| Sale Type | Investment | Lot Size | 3.94 AC |
| No. Units | 8 | Building Size | 9,600 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built/Renovated | 1983/2022 |
| Apartment Style | Garden | Opportunity Zone |
Yes
|
| Zoning | MF - Zoned multi-family | ||
| Price Per Unit | $212,500 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 3.94 AC |
| Building Size | 9,600 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1983/2022 |
| Opportunity Zone |
Yes |
| Zoning | MF - Zoned multi-family |
Amenities
Unit Amenities
- Washer/Dryer
- Kitchen
- Oven
- Tub/Shower
- Views
- Yard
- Dining Room
- Freezer
- Garden
- Lawn
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 8 | - | 1,200 |
Property Taxes
| Parcel Number | R000019986 | Improvements Assessment | $568,610 |
| Land Assessment | $103,350 | Total Assessment | $671,960 |
Property Taxes
Parcel Number
R000019986
Land Assessment
$103,350
Improvements Assessment
$568,610
Total Assessment
$671,960
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