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Tbd Us Hwy, Stephenville
$3,999,999
21421242 MLS
Take a look at this prime 285.191 acre property located directly on Hwy 281 just outside Stephenville, Tx! With over 1,100 feet of valuable road frontage, this tract offers outstanding visibility and access that’s hard to find. Whether you’re looking for a commercial opportunity, a private homesite, or a combination of both, this property offers serious potential. The land features great sandy loam soil and improved grass along the highway, making it ideal for horses, cattle, or other livestock. The property is covered in large hardwoods and natural cover, creating several excellent building sites if you choose to go that route. There are also 3 separate pipe entrances to the property located off of County Road 164. All of the hard work has been done, with 4 water wells, 4 electric meters, and new border fences where surveyed as well as new cross fences! Running out of water shouldn't be an issue with several tanks spread throughout the property. This property offers a true blank canvas with plenty of versatility. The combination of road frontage, wildlife, soil quality, and usable terrain makes it suitable for a wide range of uses. Whether you’re looking to develop commercially, a diverse hunting property, good ground for a horse place, looking to run some cows, or build your own place, this acreage has a lot to offer. It should be noted that this property is SUPER SANDY. Perfect environment for a horse property. Situated in Erath County, this property gives you the best of both worlds — high visibility and easy access along Hwy 281 with convenient proximity to Stephenville. Come give this one a look!

Tbd Us Hwy, Stephenville

130, 132 Clark Ln, Stephenville
$880,000
7 Beds ⋅ 6 Baths ⋅ 21416367 MLS
INVESTMENT OPPORTUNITY AT 130 & 132 CLARK LANE Exceptional opportunity to acquire an income-producing duplex in The Terraces at Clark Lane in Stephenville, Texas. Built in 2025, this tenant-occupied investment property generates $6,850 in combined monthly rental income, totaling $82,200 in annual gross scheduled rent. IN-PLACE RENTAL INCOME 130 Clark Lane: $3,350 per month, Unfurnished, Lease expiration: 5-14-2027 132 Clark Lane: $3,500 per month, Furnished, Lease expiration: 7-31-2028 Combined Monthly Rental Income: $6,850 Annual Gross Scheduled Rental Income: $82,200 Annual Net Operating Income: $58,832 Located near Tarleton State University, this property offers investors access to Stephenville's university-oriented rental market, with potential demand from students seeking off-campus housing and university faculty and staff. Its location provides an opportunity to invest in a market supported by the presence of an established university and its surrounding community. Built in 2025, the property offers approximately 4,350 square feet combined, with each unit featuring an open floor plan, double sinks in all full bathrooms, a fenced back porch, and a two-car garage. Unit 132 is furnished, offering flexibility for furnished rental strategies, while Unit 130 is leased unfurnished. 130 and 132 Clark Lane are being offered together as one investment property and will not be sold separately. Buyers should independently verify lease terms, rental income, operating expenses, and other property-related expenses during due diligence.

130, 132 Clark Ln, Stephenville

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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