8441 County Road 176, Stephenville, Texas

$2,200,000
Active
8441 County Road 176, Stephenville, Texas
8441 County Road 176, Stephenville, Texas
8441 County Road 176, Stephenville, Texas
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Property Details

MLS ID: 21227447
Status: Active
Price: $2,200,000
Acres: 6.11±
Type: Apartment, Residential
Address: 8441 County Road 176
City, State: Stephenville, TX
County: Erath County
ZIP Code: 76401
Lat/Long: 32.27960, -98.13492
Parcel Number: R000018742
Bedrooms: 18
Bathrooms: 10
Year Built: 2011

Description

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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Andy Flack

Andy Flack

HomeLand Properties, Inc.

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HomeLand Properties, Inc.
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All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of May 5, 2026 at 12:00:00 PM UTC.

You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: May 5, 2026 at 12:00:00 PM UTC

Listed By: Brad Booth of The Platinum Group Re, Llc