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693 County Road 501
Stephenville TX 76401 US

$1,295,000

Active Listing ID 20821997
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8 bed
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6.00 Bath (5 Full , 1 Half)
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Lot: 15.00 Acres
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Other

$1,295,000

Active Listing ID 20821997
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693 County Road 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, don’t let it slip away!

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Property Features

  • Facts
  • Lot Size: 15.00 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 5
  • 1/2 Bathrooms: 1
  • Cooling System: Central Air, Electric
  • Floor Covering: Laminate, Vinyl, Wood
  • Roof Type: Asphalt, Metal
  • Heating Fuels: Central, Propane (Heating)

School Information

  • School
  • Central(Elementary)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1295000
  • unparsedaddress: 693 County Road 501
  • postalcity: Stephenville
  • stateorprovince: TX
  • country: US
  • postalcode: 76401
  • bathroomsfull: 5
  • bathroomshalf: 1
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 15
  • lotsizeunits: Acres
  • lotsizearea: 15
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 32.174048
  • longitude: -98.236535
  • listagentfullname: Clinton Mckeehan
  • listagentemail: clintmckeehan@kw.com
  • listagentkey: 3yd-NTREIS-0796386
  • listagentmlsid: 0796386
  • listagentpreferredphone: 2543350500
  • listagentofficephone: 2543350500
  • listofficekey: 3yd-NTREIS-KWRE00SV
  • listagentstatelicense: 0796386
  • listofficemlsid: KWRE00SV
  • disclaimer: Copyright © 2025 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: 1983
  • listagenturl: http://kwheritagewest.com
  • countyorparish: Erath
  • parcelnumber: R000015707
  • elementaryschool: Central
  • appliances: Cooktop, Cooktop - Gas, Dishwasher, Washer
  • cooling: Central Air, Electric
  • constructionmaterials: Steel Siding, Stone, Stone Veneer
  • flooring: Laminate, Vinyl, Wood
  • heating: Central, Propane (Heating)
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • parkingfeatures: Carport
  • roof: Asphalt, Metal
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • interiorfeatures: Built-in Features, High Speed Internet Available, Pantry, Vaulted Ceiling(s), Walk-in Closet(s)
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -98.236534, 32.17405
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Heritage West", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"klrw334@kw.com", "ListBrokerageCity":"Weatherford", "ListBrokerageCountry":"US", "ListBrokerageEmail":"klrw334@kw.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/NTREIS/648bbdd1892111df874100219b994c72/20210809144758738.png", "ListBrokerageName":"Keller Williams Heritage West", "ListBrokeragePhone":"254-335-0500", "ListBrokeragePostalCode":"76087", "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":"Suite 103", "ListBrokerageUnparsedAddress":"200 S Oakridge Drive", "ListBrokerageWebsiteUrl":"http://kwheritagewest.com", "ListOfficeAddress1":"2301 Senator Robert J Glasgow Loop Suite 102", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"0597259", "ListOfficeCity":"Stephenville", "ListOfficeCountry":"US", "ListOfficeEmail":"broker@onewestgroup.com", "ListOfficePostalCode":"76401", "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"Multiple Single Units - Stephenville, TX", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/693-County-Road-501_Stephenville_TX_76401_M95577-16067?f=listhub&s=NTREIS&m=20821997&c=rexren", "MLSModificationTimestamp":"2025-10-17T16:56:15Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Multiple Single Units", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/18/2025 6:39:06 AM GMT
Source Updated Date: 12/6/2025 6:55:43 PM GMT

Courtesy of: Clinton Mckeehan, Keller Williams Brazos West, clint@clarkreg.com

Copyright © 2025 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.