8441 County Road 176, Stephenville, TX 76401
Local realty services provided by:ERA Newlin & Company
Listed by: brad booth, matthew martin
Office: the platinum group re, llc.
MLS#:21227447
Source:GDAR
Price summary
- Price:$1,795,000
- Price per sq. ft.:$294.36
About this home
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.
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Home facts
- Year built:2011
- Subdivision & Development:NA
- Listing ID #:21227447
- Added:130 day(s) ago
- Updated:August 17, 2026 at 11:58 AM
Rooms and interior
- Bedrooms:18
- Total bathrooms:10
- Full bathrooms:10
- Flooring:Concrete
- Kitchen Description:Water Purifier
- Living area:6,098 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Metal
- Year built:2011
- Building area:6,098 sq. ft.
- Lot area:6.11 Acres
- Lot Features:Acreage, Agricultural, Pasture
- Construction Materials:Brick
- Foundation Description:Slab
- Levels:2 Story
Schools
- High school:Stephenvil
- Middle school:Gilbert,Stephenvil
- Elementary school:Central
Finances and disclosures
- Price:$1,795,000
- Price per sq. ft.:$294.36
- Tax amount:$10,648
Features and amenities
- Appliances:Water Purifier
Parking
- Total parking spaces:20
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