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8441 County Road 176
Stephenville, TX 76401
Cowboy Corner · Multifamily Property For Sale
·
10 Units
Executive Summary
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 Stephenvilles active horse community. With Tarleton State Universitys 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.
Property Facts
| Price Per Unit | $220,000 | Lot Size | 6.11 AC |
| Sale Type | Investment | Building Size | 6,098 SF |
| No. Units | 10 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2011 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | C - Commercial | ||
| Price Per Unit | $220,000 |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 6.11 AC |
| Building Size | 6,098 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2011 |
| Opportunity Zone |
Yes |
| Zoning | C - Commercial |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Range
Site Amenities
- Laundry Service
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+1 | 8 | - | - |
Property Taxes
| Parcel Number | R000018742 | Improvements Assessment | $631,650 |
| Land Assessment | $203,680 | Total Assessment | $835,330 |
Property Taxes
Parcel Number
R000018742
Land Assessment
$203,680
Improvements Assessment
$631,650
Total Assessment
$835,330
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