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Audrey Taylor
REALTOR®
(254) 495-2623
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Tbd County Road 392, Stephenville, TX 76401

$1,400,000
  • Tbd County Road 392, Stephenville, TX 76401 Main Photo

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Active Price Reduced by $600,000 on April 21st, 2026
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.

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 audreytaylor.kellyrealtors.com today.

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: 319
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

agent picture

Shown By

Agent Name: Audrey Taylor
Agent Phone: (254) 495-2623
Agency Title: Kelly, Realtors

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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

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/26/2026. The listing information on this page last changed on 04/26/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 04/26/2026 12:01:05 AM EST) or NTREIS (last updated Sat 04/25/2026 11:49:02 PM EST) or SABOR MLS (last updated Sat 04/25/2026 11:52:32 PM EST) or CTXMLS (last updated Sat 04/25/2026 11:34:29 PM EST). Real estate listings held by brokerage firms other than Kelly, Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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