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120 Bunkhouse Road Stephenville, TX $ 4,450,000
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$ 4,450,000 Get more info
120 Bunkhouse Road
$ 4,450,000
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120 Bunkhouse Road

Stephenville, TX, 76401
$ 4,450,000
Bedrooms19 Baths21.0

Monthly Estimate*

$ 29,576

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Multi-Family Home for sale in Stephenville, TX

for $4,450,000 with 19 bedrooms and 21 full baths. This home was built in 2015 on a lot size of 6.261.

Located in the thriving heart of Stephenville, known for its dynamic rodeo scene and vibrant college life, 120 Bunkhouse Rd. stands as a premier investment opportunity. This meticulously maintained property features 19 high-quality lodging units and 40 fully upgraded horse stalls, complemented by a professional-grade, lighted arena—perfectly aligning with the local lifestyle. Additionally, it boasts six full-service RV spaces, a complete laundry facility, a modern conference room, and fully equipped office spaces. All rental spaces are currently fully occupied, ensuring a steady and robust revenue stream. These amenities not only enhance the property’s appeal but also ensure it is a turnkey solution with immediate revenue generation. This property has a strong existing tenant base and potential for further expansion due to wait list. This property promises substantial cash flow and represents a compelling investment for those seeking a stable, high-yield asset in a lively market.

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Multi-Family Active

Price

$ 4,450,000

Bedrooms

19

Full Bath

21

Property Type

Multi-Family

Taxes

$ 27,491

Style

Apartment

Lot Size

6.261

Year Built

2015

Town/City

Stephenville

County/Region

Erath

MLS | Web ID

20601224
Features
Interior
Interior Features Decorative Lighting
Flooring Concrete
Basement Y/N 0
Total Units 19
Full Baths 21
Half Baths 0
Street Suffix Road
Total Baths 21
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General
Heating Central
Complex Name 120 Bunkhouse Rd
Cooling Ceiling Fan(s) Central Air
Utilities Community Mailbox
Possession Closing/Funding
Roof Metal
Appliances Dishwasher
Number of Garage Spaces 0
School District Stephenville ISD
Pool Y/N 0
Year Built 2015
Levels One
Property SubType Apartment
Subdivision Name na
County Erath
Property Type Residential Income
Construction Materials Metal Siding Rock/Stone
Year Built Details Preowned
HOA Type None
# of Buildings 7
Status Active
Directions Follow GPS for directions
City Stephenville
Buyer Agent Compensation 3
Elementary School Name Central
High School Stephenvil
Street Name Bunkhouse
Elementary School Central
Standard Status Active
Junior High School Stephenvil
Buyer Agent Compensation Type %
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Exterior
Exterior Features Covered Patio/Porch RV Hookup RV/Boat Parking Stable/Barn Storage
Lot Features Acreage
Fencing Barbed Wire Gate Pipe
Lot Size Source Assessor
Parking Features Asphalt Open Outside Parking Lot
Lot Size 5 to < 10 Acres
Foundation Slab
Building Area Total 16110.00
Garage Y/N 0
Attached Garage Y/N 0
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Internal Only
Street Number 1 120
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* Excluded Features
List By
Jennifer Birkle

Listing Agent

Texas Legacy Realty

Broker

Affordability Calculator

$31,867
Per Month
93%
7%
0%
Monthly Principal & Interest
$29,576
Monthly Property Taxes
$2,291
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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
285837 Elementary School
3672383 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
5/4/2024 $4,450,000 Listed Price

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120 Bunkhouse Road, Stephenville, TX, 76401 is a Multi-Family Home for sale at $4,450,000 with a lot size of 6.261. 120 Bunkhouse Road has 19 bedrooms, 21.0 baths, and was built in 2015. The property's zip code is 76401 which is in Stephenville, TX

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