BEDS0
BATHS
MLS#20964856
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONWilson
SCHOOLLingleville ISD
Property Description
This turnkey income producing rental property is now available with a NEW configuration and NEW Pricing to fit more Buyers. As of April, 2026 the property is 100% occupied, with gross rental income of $148,000 per year. The property fronts paved county road 392, just south of Lingleville, west of Stephenville, and North of Dublin Close to Tarleton State University. Highlights of this multi-dimensional property include a 10 rental units with an established seven figure rental income and full occupancy. Rentals consist of five double-wides, four single-wides, and one RV spot. The mobile homes have been very well cared for, updated and maintained regularly, and recently re-sided with matching sheet metal. Horse facilities consist of 20+ horse stalls and loafing sheds, 19 turnouts, and lighted arena.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 10.25 Acres
Roof Type: Metal
Year Built: 1985
Amenities
Other
Stable/Barn
Feature Descriptions
Appliances: Other
Community Features: Horse Facilities
Days on Site: 317
Exterior: Metal Siding, See Remarks
Fencing: Cross Fenced, Perimeter
Flooring: See Remarks
Lot: Acreage, Agricultural, Cedar, Oak, Pasture
Parcel#: R000014828
Parking: Common
Parking Notes: Common
Units: 13
Utilities: Cable Available, Co-op Electric, Septic, Well
Local Schools
Elementary School: Linglevill
School District: Lingleville ISD
Listed By / Shown By
Listed By
Agency Name: Keller Williams Brazos West
Agency Contact: (512) 275-6625
Agent Name: Kasey Mock
Shown By
Agent Name: Becca M. Baker
Agent Phone: (254) 315-6280
Agency Title: Kelly, Realtors
Estimate Your Payment
Estimated Payment
$ 3,524.13 per month $3,115.79 Principal & Interest $0.00 Property Tax (data not provided by mls) $408.33 Homeowner's Insurance
Tbd County Road 392 | MLS# 20964856
This multi-family property located at Tbd County Road 392, Stephenville, TX 76401 is currently listed for sale with an asking price of $1,400,000. Tbd County Road 392 is located within the Lingleville ISD school district. Search Stephenville real estate on beccambaker.kellyrealtors.com today.