TBD County Road 392, Stephenville, Texas

$1,400,000
Active
TBD County Road 392, Stephenville, Texas
TBD County Road 392, Stephenville, Texas
TBD County Road 392, Stephenville, Texas
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Property Details

MLS ID: 20964856
Status: Active
Price: $1,400,000
Acres: 10.25±
Type: Residential
Address: TBD County Road 392
City, State: Stephenville, TX
County: Erath County
ZIP Code: 76401
Lat/Long: 32.21571, -98.35200
Parcel Number: R000014828
Year Built: 1985

Description

This turnkey income producing rental property is now available with a NEW configuration and NEW Pricing to fit more Buyers. As of April, 2026 the property is 100% occupied, with gross rental income of $148,000 per year. The property fronts paved county road 392, just south of Lingleville, west of Stephenville, and North of Dublin Close to Tarleton State University. Highlights of this multi-dimensional property include a 10 rental units with an established seven figure rental income and full occupancy. Rentals consist of five double-wides, four single-wides, and one RV spot. The mobile homes have been very well cared for, updated and maintained regularly, and recently re-sided with matching sheet metal. Horse facilities consist of 20+ horse stalls and loafing sheds, 19 turnouts, and lighted arena.

Directions: From HWY 8 west of Stephenville, turn west on CR 392, and go 2.9 miles. The Property is on the left past CR 383. From FM 219 south of Lingleville, turn east on CR 392 and go .75 mile. The property will be on the right (south side).

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Andy Flack

Andy Flack

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 6, 2026 at 12:00:00 AM 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 6, 2026 at 12:00:00 AM UTC

Listed By: Kasey Mock of Keller Williams Brazos West