693 County Road 501, Stephenville, TX 76401
Local realty services provided by:Better Homes and Gardens Real Estate Lindsey Realty



Listed by:clinton mckeehan254-987-2248
Office:clark real estate group
MLS#:20821997
Source:GDAR
Price summary
- Price:$1,295,000
- Price per sq. ft.:$513.89
About this home
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!
Contact an agent
Home facts
- Year built:1983
- Listing Id #:20821997
- Added:213 day(s) ago
- Updated:August 23, 2025 at 11:36 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:6
- Full bathrooms:5
- Half bathrooms:1
- Living area:2,520 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Central, Propane
Structure and exterior
- Roof:Metal
- Year built:1983
- Building area:2,520 sq. ft.
- Lot area:15 Acres
Schools
- High school:Stephenvil
- Elementary school:Central
Utilities
- Water:Well
Finances and disclosures
- Price:$1,295,000
- Price per sq. ft.:$513.89
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