000 County Road 392
Stephenville, TX, 76401 $ 4,820,000
Bedrooms13 Baths13.0 Sq 20,000 Monthly Estimate*
$ 30,071
for $4,820,000 with 13 bedrooms and 13 full baths. This 20,000 square foot home was built in 1985 on a lot size of 93.5.
This beautiful income producing property is available for the first time and ready for a new owner to expand on its potential. The property fronts paved county road 392, with additional frontage on CR 383, just south of Lingleville, west of Stephenville, and North of Dublin in the productive cattle and horse country. Highlights of this multi-dimensional ranch include a 3,200 sqft custom home, 1,800 sqft guest house, 11 rental units with an established seven figure rental income and full occupancy. Rentals consist of five double-wides, four single-wides, and a set of duplexes, 20+ horse stalls and loafing sheds, 19 turnouts, and lighted arena. The ranch is complete with cattle working pens, 60x100' hay barn, equipment barn, and workshop with hydraulic lift. Additionally, there are multiple ponds, a swimming area with slide, rope swing and zip line. Do you fly? This ranch has a private 1,500 ft. airstrip to conveniently fly in and out with ease. There are multiple opportunities to consider with this unique property. As a family ranch, it is one of the nicest around. As an investment, it offers cashflow to offset the cost of the ranch. **The sellers WOULD SELL JUST The Rental houses and 17 acres alone. Contact our team for additional information and details. A full packet is available upon request to Brokers, Agents and qualified buyers.
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FeaturesInteriorInterior Features Other
Flooring See Remarks
Occupancy Rate 100
Total Units 13
Total Baths 0
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GeneralHeating Central
Complex Name Wilson
Cooling Central Air
Utilities Septic Well
Possession Negotiable Subject to Lease
Roof Metal
Appliances Other
School District Lingleville ISD
Pool Y/N 0
Year Built 1985
Levels Multi/Split
Property Subtype Multiple Single Units
Subdivision Name Wilson
Occupant Type Owner
County Erath
Property Type Residential Income
Construction Materials Stone Veneer See Remarks
Year Built Details Preowned
Accessory Unit Y/N N
HOA Type None
Special Notes Aerial Photo
# of Buildings 13
Status Active
Directions From HWY 8 west of Stephenville turn west on CR 392 and go 2.9 miles. The Property is on the left near the intersection of CR 383. From FM 219 south of Lingleville turn east on CR 392 and go .75 mi
City Stephenville
Elementary School Name Linglevill
High School Linglevill
Elementary School Linglevill
Standard Status Active
Listing Terms 1031 Exchange Cash Conventional
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ExteriorWaterfront 0
Lot Features Acreage Airstrip Oak Pasture Water/Lake View
Fencing Cross Fenced Perimeter
Parking Features Common
Foundation Slab
Building Area Total 20000.00
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* Excluded FeaturesList ByKeller Williams Brazos WestBroker
Affordability Calculator
- Monthly Principal & Interest
- $30,071
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Stephenville, TX
Average List Price $1,380,889
Percent of Sale Price 71%
About Stephenville, TX 18,766 Population
25% Since 2002
$ 39,923 Median Income
29.58 Median Age
23% Households with Children
Trends Information provided by ATTOM Data Solutions.
286294 Elementary School
5136370 Middle School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/3/2025 | $4,820,000 | | Listed Price |