
Status: Active
693 Crk 501 #15
Stephenville, TX 76401
$1,295,000
------/mo*
CalculateEvery 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!
Read more- Bedrooms
- 4
- Baths
- 2.5
- House Size
- 2,520 sqft
- Year Built
- 1983
- Lot Size
- 15 ac
- School District
- Stephenville ISD
Location
Market Insights
In the last 30 days, homes for sale in 76401, Stephenville, TX were on the market for a median of 22 days and 6.67% of homes sold above list price.

Buy a new home knowing you’ll sell your current one. Orchard guarantees your home will sell, so you can buy your next one worry-free.
Get StartedTake A Virtual Tour
Explore this home’s layout as if you were walking through it in person.
Start TourInterior Information
- appliances
- Dishwasher
- Electric Oven
- Gas Cooktop
- cooling
- Central Air
- Electric
- features
- Built-in Features
- Granite Counters
- Pantry
- Vaulted Ceiling(s)
- Walk-in Closet(s)
- High Speed Internet
- fireplace
- Decorative
- Den
- Masonry
- Stone
- Wood Burning
- flooring
- Laminate
- Simulated Wood
- Vinyl
- heating
- Central
- Propane
Exterior Information
- patio and porch
- Covered
- pool
- In Ground
- road surface
- Gravel
- roof
- Asphalt
- Metal
Property Information
- architectural style
- Ranch
- construction
- Stone
- Steel Siding
- Stone Veneer
- foundation
- Slab
- lot
- Cleared
- Wooded
- Agricultural
- Few Trees
- other structures
- Arena
- Barn(s)
- Garage(s)
- Workshop
- parking
- Attached Carport
- Common
- Gravel
- Paved
- Rv Access/parking
- Rv Garage
- sewer
- Septic Tank
- subdivision name
- Na
- water source
- Well

- Listed By Clinton Mckeehan
- (254) 987-2248
- CLARK REAL ESTATE GROUP
- (254) 987-2248
- tim@clarkreg.com
- MLS 20823128
Monthly Payments Calculator
Estimated Monthly Cost
$8,202
30 year fixed·6.9% interest rate
- Principal & Interest
- $6,823
- Property Taxes
- $1,079
- Home Insurance
- $300
- HOA Fees
- $0
*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.