130, 132 Clark Lane, Stephenville, Texas

Description

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.

Directions: Drive east on Washington St from the downtown Stephenville Square, turn left on Clark Lane, property is on the left.