693 CR 501

Every once in a while and opportunity like this presents it's...don't let this one get away! Exceptional income-producing horse property, just 5 minutes from Stephenville! Spanning approximately 15.1 acres (to be surveyed), this beautiful property features a newly remodeled 2,520 sq. ft. 4 bed and 2.5 bath main home complete with an inground swimming pool. Ready for the horse enthusiasts, the property boasts a lighted arena with a return alley and stock holding pens. Adjacent to the main home, you'll find three apartments, 5 full RV hookups, and six horse stalls with pipe-fenced turnouts. Additional amenities include turnouts with sheds able to accommodate up to 24 additional horses, and a large, approximately 100'x50' commodity barn with covered working pens and tack rooms. Rental income from one 2-1 rental unit and two 1-1 rental unit that are all currently rented. There is also rental income from the horse stalls and turnouts for additional horses. The 5 RV spaces are consistently rented and provide steady income. This property offers endless possibilities: live comfortably in the main house while generating income from the apartments and stalls, or enjoy it all to yourself. Opportunities like this are rare, dont let it slip away!