693 CR 501 #15, STEPHENVILLE, TX 76401
Homes for sale in Stephenville.
Homes for sale in 76401.
List Price$1,295,000
693 CR 501 #15
Stephenville, TX 76401
Listing #20823128
4
Bedrooms
2 full, 1 partial
Bathrooms
2,520
Square Feet
Farm
Type
About This Property
Every once in a while and opportunity like this presents it's...don't let this one get away! Exceptional income-producing horse property, just 5 minutes from Stephenville! Spanning approximately 15.1± acres (to be surveyed), this beautiful property features a newly remodeled 2,520 sq. ft. 4 bed and 2.5 bath main home complete with an inground swimming pool. Ready for the horse enthusiasts, the property boasts a lighted arena with a return alley and stock holding pens. Adjacent to the main home, you'll find three apartments, 5 full RV hookups, and six horse stalls with pipe-fenced turnouts. Additional amenities include turnouts with sheds able to accommodate up to 24 additional horses, and a large, approximately 100'x50' commodity barn with covered working pens and tack rooms. Rental income from one 2-1 rental unit and two 1-1 rental unit that are all currently rented. There is also rental income from the horse stalls and turnouts for additional horses. The 5 RV spaces are consistently rented and provide steady income. This property offers endless possibilities: live comfortably in the main house while generating income from the apartments and stalls, or enjoy it all to yourself. Opportunities like this are rare, don't let it slip away!
Property Features
Location Information
County
Erath
Subdivision
NA
Interior Features
Rooms
First Floor Bedroom, First Floor Bedroom, First Floor Bedroom, First Floor Living Room, First Floor Primary Bedroom
Has Fireplace
Yes
Interior
Built-in Features, Granite Counters, High Speed Internet, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
Number of Fireplaces
1
Master Bedroom Description
13 x 16
Heating
Central, Propane
Full Baths
2
Cooling
Central Air, Electric
1/2 Baths
1
Floors
Laminate, Simulated Wood, Vinyl
Living Room Description
28 x 15
Appliances
Dishwasher, Electric Oven, Gas Cooktop
Exterior Features
Style
Ranch, Detached
Is a Horse Property
Yes
Stories
1
Horse Amenities
Barn, Hay Storage, Loafing Shed, Stock Pen(s), Tack Ro
Construction
Rock, Steel Siding, Stone, Stone Veneer
Lot Description
Acreage, Agricultural, Few Trees
Foundation
Slab
Lot Size in Acres
15
Roof
Asphalt, Metal
Lot Size in Sq. Ft.
653,400
Parking Description
Attached Carport, Common, Gravel, Paved, RV Garage, RV Access/Parking
Current Use
Agricultural, Cattle, Grazing, Horses, Livestock, Multi
Garage Spaces
2
Possible Best Use
Agricultural, Cattle, Horse
Patio / Deck Description
Covered
Road Description
County Road, Gravel
Has a Pool
Yes
Is One Story
Yes
Pool Description
In Ground, Pool
Lot Description
Acreage, Agricultural, Few Trees
Other Structures
Arena, Bunkhouse, Garage(s), Workshop, Barn(s)
School
Elementary School District
Stephenville ISD
High School
Stephenvil
Elementary School
Central
Additional Information
Year Built Details
Preowned
Status
Closed
Property Type
FRM
Has a Home Owners Association
No
Property SubType 2
House
Exclusions
Hay and feed in barns,
Property SubType
Farm
Lot Acres Source
Estimated
Year Built
1983
Similar Listings
Schools
Walk Score
Seller's Representative
Clinton Mckeehan
Clark Real Estate Group
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NTREIS - North Texas data last updated at July 23, 2026, 3:46 AM CT
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