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130, 132 Clark Lane
Stephenville TX 76401 US

$880,000

Active Listing ID 21416367
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7 bed
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6.00 Bath (4 Full , 2 Half)
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Lot: 0.12 Acres
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Duplex

$880,000

Active Listing ID 21416367
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130, 132 Clark Lane INVESTMENT OPPORTUNITY AT 130 & 132 CLARK LANE Exceptional opportunity to acquire an income-producing duplex in The Terraces at Clark Lane in Stephenville, Texas. Built in 2025, this tenant-occupied investment property generates $6, 850 in combined monthly rental income, totaling $82, 200 in annual gross scheduled rent. IN-PLACE RENTAL INCOME 130 Clark Lane: $3, 350 per month, Unfurnished, Lease expiration: 5-14-2027 132 Clark Lane: $3, 500 per month, Furnished, Lease expiration: 7-31-2028 Combined Monthly Rental Income: $6, 850 Annual Gross Scheduled Rental Income: $82, 200 Annual Net Operating Income: $58, 832 Located near Tarleton State University, this property offers investors access to Stephenville's university-oriented rental market, with potential demand from students seeking off-campus housing and university faculty and staff. Its location provides an opportunity to invest in a market supported by the presence of an established university and its surrounding community. Built in 2025, the property offers approximately 4, 350 square feet combined, with each unit featuring an open floor plan, double sinks in all full bathrooms, a fenced back porch, and a two-car garage. Unit 132 is furnished, offering flexibility for furnished rental strategies, while Unit 130 is leased unfurnished. 130 and 132 Clark Lane are being offered together as one investment property and will not be sold separately. Buyers should independently verify lease terms, rental income, operating expenses, and other property-related expenses during due diligence.

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Property Features

  • Facts
  • Lot Size: 0.12 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Duplex
  • Features
  • Full Bathrooms: 4
  • 1/2 Bathrooms: 2
  • Cooling System: Ceiling Fan(s), Central Air
  • Floor Covering: Tile, Carpet, Vinyl
  • Roof Type: Composition
  • Heating Fuels: Electric (Heating)

School Information

  • School
  • Gilbert,Stephenvil(MiddleSchool)
  • Stephenvil(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Duplex
  • listprice: 880000
  • unparsedaddress: 130, 132 Clark Lane
  • postalcity: Stephenville
  • stateorprovince: TX
  • country: US
  • postalcode: 76401
  • bathroomsfull: 4
  • bathroomshalf: 2
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.12
  • lotsizeunits: Acres
  • lotsizearea: 0.12
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 32.225116
  • longitude: -98.195663
  • listagentfullname: Tristan Maynard
  • listagentemail: tristanlmaynard@gmail.com
  • listagentkey: 3yd-NTREIS-0833980
  • listagentmlsid: 0833980
  • listagentpreferredphone: (972) 712-9898
  • listofficekey: 3yd-NTREIS-KEWI02
  • listofficemlsid: KEWI02
  • disclaimer: Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NTREIS
  • yearbuilt: 2025
  • listagenturl: https://www.kwfrisco.com
  • countyorparish: Erath
  • parcelnumber: R000078601
  • highschool: Stephenvil
  • elementaryschooldistrict: Stephenville ISD
  • middleorjuniorschooldistrict: Stephenville ISD
  • highschooldistrict: Stephenville ISD
  • appliances: Dryer, Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, Microwave, Refrigerator, Washer
  • cooling: Ceiling Fan(s), Central Air
  • constructionmaterials: Frame, Rock, Stone, StoneVeneer
  • flooring: Tile, Carpet, Vinyl
  • heating: Electric (Heating)
  • numberofunitstotal: 2
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 8
  • parkingfeatures: Garage, Driveway
  • roof: Composition
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • interiorfeatures: DecorativeDesignerLightingFixtures, DoubleVanity, KitchenIsland, OpenFloorplan, WalkInClosets
  • rooms: Bedroom 5, Bedroom 3, Bathroom 6, Bedroom 2, Bathroom 5, Bedroom 7, Bathroom 3, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 1, Bathroom 4, Bedroom 6
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -98.19566, 32.225117
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Frisco Stars", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"tristanlmaynard@gmail.com", "ListBrokerageCity":"Frisco", "ListBrokerageCountry":"US", "ListBrokerageEmail":"kwfriscofrontdesk@friscostars.com", "ListBrokerageLogoUrl":"http://lh.rdcpix.com/b211ec51baee11e5a244febe918b3eafk-c1797299645r.png", "ListBrokerageName":"Keller Williams Frisco Stars", "ListBrokeragePhone":"(972) 712-9898", "ListBrokeragePostalCode":"75034", "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":"Suite 100", "ListBrokerageUnparsedAddress":"4783 Preston Road", "ListBrokerageWebsiteUrl":"https://www.kwfrisco.com", "ListOfficeAddress1":" ", "ListOfficeAddress2":"Suite 100", "ListOfficeBrokerMlsId":"KEWI02", "ListOfficeCity":"Frisco", "ListOfficeCountry":"US", "ListOfficeEmail":"klrw143@kw.com", "ListOfficePostalCode":null, "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"ResidentialIncome, Stephenville, TX", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/130-Clark-Ln_Stephenville_TX_76401_M90328-09733?f=listhub&s=NTREIS&m=21416367&c=rexren", "MLSModificationTimestamp":"2026-10-26 12:10:25", "Neighborhoods":[{"Description":null, "Name":"The Terraces of Clark Lane"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
  • GarageSpaces: 4
Listing Changed: 10/29/2026 4:54:03 AM GMT
Source Updated Date: 11/5/2026 12:58:06 AM GMT

Courtesy of: Tristan Maynard, Keller Williams Frisco Stars, tristanlmaynard@gmail.com

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.