1092 W TARLETON STREET, STEPHENVILLE, TX 76401
Homes for sale in Stephenville.
Homes for sale in 76401.
List Price$985,000
1092 W Tarleton Street
Stephenville, TX 76401
Listing #20935585
About This Property
PRICE REDUCTION The Gallery House Boutique Hotel, opened for business in September 2020 and has been well received! This Craftsman Home, originally built in 1895, took two years to restore and convert into a Hotel. A turn-key business. Located half block from Tarleton State University and on a corner lot with room to expand. Featuring four private rentable rooms, elegantly designed and all with modern conveniences. Zoned Mini splits in every room, smart T.V., microwave, mini fridge, custom showers and well made matresses and lines. Hardwood floors throughout. Hotel features 10 foot ceilings with re-claimed vintage stamped tin in all three downstairs KING rooms, each with a different design. Five original fireplaces, Commercial gas tankless water heater, externally mounted, along with professional water softner system which protect fixtures, shower doors and appliances. Grounds include, a detached office studio with private bath and zoned heating and air, custom rock patios, sidewalks, courtyards and native landscaping. An asphalt parking lot with an ADA concrete slap provides safe parking off the street, with a designated Entrance and Exit. An ADA cement ramp with railing, plus steps from parking lot lead guest to our beautiful wrap around porch to access Hotel. Property has room to build Phase II if desired, which would include the addition of three rental units on one foundation. Sewer tap in place and parking lot built with 14 spaces to accomodate future expansion. The Gallery House Boutique Hotel has excellent review scores, repeat guest, local business, corporate travel, sub-contractors and transient weekend buisness. The Gallery House Boutique Hotel has an establised website which captures majority of reservation bookings. Walking distance to Tarleton State University, Historic Downtown, and Hospital district. Property is an asset gain as Tarleton State University grows expenditually in all directions.
Property Features
Location Information
County
Erath
Subdivision
Park Place Add
Interior Features
Has Fireplace
No
Tenant Pays
Other
Heating
Electric, Natural Gas, Other, Zoned
Total Number of Units
5
Cooling
Ceiling Fan(s), Electric, Other, Zoned
Accessibility
ADA Compliant, Accessible Full Bath, Accessible Bedr
Floors
Hardwood
Exterior Features
Construction
Frame, Wood Siding
Lot Size in Sq. Ft.
15,768
Foundation
Block, Pillar/Post/Pier, Stone
Lot Dimensions
15,769
Roof
Composition
Possible Best Use
Hotel/Motel
Utilities
Cable Available, Electricity Connected, Natural Gas Available, Other, Sewer Available, Separate Meters, See Remarks, Water Available
Zoning
R-# Residential and multi-housing Buyer to veri
Security System
Carbon Monoxide Detector(s), Firewall(s), Other, Smok
Building Total Area (Sq. Ft.)
2,400
Parking Description
Additional Parking, Asphalt, Common, Drive Through, No Garage, On Site, Open, Off Street, Outside, Paved, Parking Lot, Private, Unassigned
Road Description
City Street, Asphalt
Lot Description
Back Yard, Corner Lot, Hardwood Trees, Irregular Lot, Lawn, Landscaped, Native Plants, Many Trees
Is One Story
No
Lot Size in Acres
0.362
Lot Description
Back Yard, Corner Lot, Hardwood Trees, Irregular Lot, Lawn, Landscaped, Native Plants, Many Trees
Additional Information
Year Built Details
Preowned
Tax Annual Amount
5311.0
Property Type
COM
Exclusions
See Exclusions attached in documents. Majority of furnishings are inclusive. All supplies, linens, towels, tolietries in inventory included at closing
Property SubType
Hotel/Motel
Community Features
Curbs, Sidewalks
Year Built
1895
Documents Available
Survey
Status
Active
Lot Acres Source
Assessor
Similar Listings
Mortgage Calculator
$4,598
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$3,549
Monthly Tax
$820
Monthly Insurance
$229
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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Walk Score
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