1092 W Tarleton St Stephenville, TX 76401

The Gallery House Boutique Hotel, which opened in September 2020, is a turn-key business opportunity. This Craftsman home, originally built in 1895, was restored and converted into a hotel. It is located half a block from Tarleton State University on a corner lot with room to expand. The hotel features four private rentable rooms, each elegantly designed with modern conveniences, including zoned mini-splits, smart TVs, microwaves, mini-fridges, custom showers, and mattresses. Hardwood floors are present throughout. The downstairs king rooms feature 10-foot ceilings with reclaimed vintage stamped tin, each with a different design. There are five original fireplaces, a commercial gas tankless water heater, and a professional water softener system. The grounds include a detached office studio with a private bath and zoned heating and air, custom rock patios, sidewalks, courtyards, and native landscaping. An asphalt parking lot with an ADA concrete slab provides off-street parking with a designated entrance and exit. An ADA cement ramp with railing, plus steps from the parking lot, lead to a wrap-around porch. The 0.362-acre property has room to build Phase II, which would include the addition of three rental units on one foundation. A sewer tap is in place, and the parking lot is built with 14 spaces to accommodate future expansion. The Gallery House Boutique Hotel has an established website and is within walking distance of Tarleton State University, Historic Downtown, and the Hospital district. The property is an asset gain as Tarleton State University grows.