8441 COUNTY ROAD 176, STEPHENVILLE, TX 76401
Homes for sale in Stephenville.
Homes for sale in 76401.
8441 County Road 176
Stephenville, TX 76401
List Price$2,200,000
Listing #21227447
About This Property
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.
Property Features
Location Information
County
Erath
Subdivision
NA
Interior Features
Interior
Eat-in Kitchen, High Speed Internet, Kitchen Island
Cooling
Central Air, Electric
Full Baths
10
Floors
Concrete, Other
Has Fireplace
No
Appliances
Water Purifier
Heating
Central, Electric
Total Number of Units
10
Exterior Features
Stories
2
Other Structures
Barn(s), Stable(s)
Construction
Brick
Lot Description
Acreage, Agricultural, Pasture
Exterior
Awning(s), Balcony, RV Hookup
Lot Size in Acres
6.11
Foundation
Slab
Lot Size in Sq. Ft.
266,151
Roof
Metal
Buildings
1
Utilities
Electricity Available, None, Septic Available, Water Available
Building Total Area (Sq. Ft.)
6,098
Parking Description
Gravel, Boat, RV Access/Parking
Road Description
Asphalt
Patio / Deck Description
Awning(s), Covered, Balcony
Is One Story
No
Pool Description
None
Lot Description
Acreage, Agricultural, Pasture
School
Elementary School District
Stephenville ISD
High School
Stephenvil
Elementary School
Central
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
RI
Has a Home Owners Association
No
Property SubType
Apartment
Tax Annual Amount
10648.0
Year Built
2011
Community Features
Fenced Yard, Laundry Facilities
Similar Listings
Mortgage Calculator
$10,273
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$7,927
Monthly Tax
$1,833
Monthly Insurance
$513
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.
Schools
Walk Score
Listing courtesy of
Brad Booth, The Platinum Group RE, LLC
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NTREIS - North Texas data last updated at April 29, 2026, 3:35 PM CT
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