1092 W Tarleton Street Stephenville, TX $ 985,000
1092 W Tarleton Street
$ 985,000
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1092 W Tarleton Street

Stephenville, TX, 76401
$ 985,000
Bedrooms-- Baths--

Monthly Estimate*

$ 6,145

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Commercial Property for sale in Stephenville, TX

for $985,000. This building was built in 1895 on a lot size of 0.362.

PRICE REDUCTION The Gallery House Boutique Hotel, opened for business in September 2020 and has been well received! This Craftsman Home, originally built in 1895, took two years to restore and convert into a Hotel. A turn-key business. Located half block from Tarleton State University and on a corner lot with room to expand. Featuring four private rentable rooms, elegantly designed and all with modern conveniences. Zoned Mini splits in every room, smart T.V., microwave, mini fridge, custom showers and well made matresses and lines. Hardwood floors throughout. Hotel features 10 foot ceilings with re-claimed vintage stamped tin in all three downstairs KING rooms, each with a different design. Five original fireplaces, Commercial gas tankless water heater, externally mounted, along with professional water softner system which protect fixtures, shower doors and appliances. Grounds include, a detached office studio with private bath and zoned heating and air, custom rock patios, sidewalks, courtyards and native landscaping. An asphalt parking lot with an ADA concrete slap provides safe parking off the street, with a designated Entrance and Exit. An ADA cement ramp with railing, plus steps from parking lot lead guest to our beautiful wrap around porch to access Hotel. Property has room to build Phase II if desired, which would include the addition of three rental units on one foundation. Sewer tap in place and parking lot built with 14 spaces to accomodate future expansion. The Gallery House Boutique Hotel has excellent review scores, repeat guest, local business, corporate travel, sub-contractors and transient weekend buisness. The Gallery House Boutique Hotel has an establised website which captures majority of reservation bookings. Walking distance to Tarleton State University, Historic Downtown, and Hospital district. Property is an asset gain as Tarleton State University grows expenditually in all directions.

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Commercial Active

Price

$ 985,000

Property Type

Commercial

Taxes

$ 5,311

Style

Hotel/Motel

Lot Size

0.362

Year Built

1895

Town/City

Stephenville

County/Region

Erath

MLS | Web ID

20935585

Features
General
Heating Electric Natural Gas Zoned Other
Cooling Ceiling Fan(s) Electric Zoned Other
Utilities Asphalt Cable Available City Sewer City Water Curbs Electricity Connected Individual Gas Meter Individual Water Meter Natural Gas Available Sidewalk See Remarks Other
Ceiling Height 8 to10 Feet
Possession Closing/Funding Negotiable
Roof Composition
Exclusions See Exclusions attached in documents. Majority of furnishings are inclusive. All supplies linens towels tolietries in inventory included at closing
Year Built 1895
Topography irregular city lot
Business Type Hospitality Hotel/Motel
Business Name The Gallery House Boutique Hotel LLC
Building Number 1092
Property Subtype Hotel/Motel
Subdivision Name Park Place Add
Accessibility Features Accessible Approach with Ramp Accessible Bath - Full Accessible Bath - Half+Hall Accessible Bedroom Accessible Doors Accessible Electrical and Environmental Controls Accessible Entrance Meets ADA Req
Occupant Type Tenant
County Erath
Property Type Commercial Sale
Construction Materials Frame Siding Wood
Year Built Details Preowned
Special Notes Owner/ Agent Phase I Complete Survey Available
Status Active
Directions 1092 W Tarleton Street behind Wendy's restaurant North of Washington Street. The Gallery House Boutique Hotel is located on the corner of Tarleton and Ollie Streets. Half block from Tarleton State Un
City Stephenville
Standard Status Active
Listing Terms 1031 Exchange Cash Contract Conventional
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Exterior
Waterfront 0
Lot Features Corner Lot Irregular Lot Landscaped Lrg. Backyard Grass Many Trees Oak
Lot Size Source Assessor
Parking Features Additional Parking Asphalt Common Drive Through No Garage Off Street On Site Open Outside Parking Lot Paved Private Unassigned
Lot Size Less Than .5 Acre (not Zero)
Foundation Block Pillar/Post/Pier Stone
Lot Size Dimensions 15 769
Building Area Total 2400.00
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Interior
Flooring Hardwood
Total Stories 5
Total Units 5
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Internal Only
Street Number 1 1092
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* Excluded Features
List By
Kimberly Fornes

Listing Agent

Keller Williams Brazos West

Broker

Affordability Calculator

$6,588
Per Month
93%
7%
0%
Monthly Principal & Interest
$6,145
Monthly Property Taxes
$443
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.
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Nearby
288163 Elementary School
288375 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/24/2025$985,000 -27.04% Price Down
6/11/2025$1,350,000 Listed Price

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1092 W Tarleton Street, Stephenville, TX, 76401 is a Commercial Property for sale at $985,000 with a lot size of 0.362. 1092 W Tarleton Street was built in 1895. The property's zip code is 76401 which is in Stephenville, TX