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    172 S Belknap St Stephenville, TX 76401

    New
    Under Contract
    For Sale
    $540,000

    Business - Stephenville, TX

    Type:Business
    Lot size:
    0.06 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 172 S Belknap St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active Under Contract
    APN
    R000029198
    Parking features
    Assigned, Carport, On Street
    Lot size
    0.06 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    2005
    Flooring type
    Vinyl, Wood
    Building materials
    Stone
    Roof type
    Asphalt
    Architectural style
    Other

    ABTX-RE, LLC (325) 692-4488 [email protected]

    Listing agent Sheila Martin Jansen (325) 510-0444 License #0613698

    Listing date Dec 3, 2025

    MLS# 20823377 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Stephenville Investment Property on Square

    Located on the square in Stephenville, Texas, this property features a classic aesthetic. The interior includes freshly painted walls, natural and stained wood floors, and a reception area with built-in display cabinets and shelves. A custom glass wall leads into the main area, which has built-in lighting and an open concept. A closet provides washer and dryer hookups. The hallway includes a waiting area with a built-in wall cabinet. The property offers five private office spaces and an oversized restroom. Behind the building are two private covered parking spaces. The property is currently under a long-term triple net lease. This property is suitable for investment purposes.
    Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Stephenville
    County
    Erath
    State
    Texas
    Longitude
    -98.202708
    Latitude
    32.219776

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    FAQs

    What type of property is this?
    Investment property - Classic building in Stephenville, TX, with long-term tenant.
    Where is this investment property located?
    The property is located at 172 S Belknap St Stephenville, TX.
    What is the asking price?
    The asking price for this property is $540,000.
    What are key features of this property?
    This property features: - Prime location on the Square in Stephenville.; - Currently under a long-term Triple Net lease, providing immediate investment income.; - Five private office spaces.
    (325) 510-0444
    Request Owner's contact information
    172 S Belknap St Stephenville, TX 76401
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    Stephenville, TX 76401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    172 S Belknap St Stephenville, TX 76401
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