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    392 Tbd County Rd Stephenville, TX 76401

    For Sale
    $2,000,000

    Multiple Single Units - Stephenville, TX

    Lot size:
    17.50 Acres
    Days on Market:
    104
    Last Refresh:
    Dec 9 at 3:06 am

    Property Features for 392 Tbd County Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    R000014828
    Parking
    30
    Exterior features
    Stable/Barn, Fence
    Fencing
    Fenced
    Lot size
    17.50 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1985
    Building materials
    Metal Siding, See Remarks
    Roof type
    Metal
    Architectural style
    Other
    Additional Structures
    Barn(s), Stable(s)

    Keller Williams Heritage West (254) 335-0500 [email protected]

    Listing agent Kasey Mock (254) 335-0500 License #0636589

    Listing date Aug 28, 2025

    MLS# 20964856 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

    Turnkey Income Producing Rental Property

    This turnkey, income-producing rental property is available for the first time, offering a new owner the opportunity to expand on its potential. Located just south of Lingleville, west of Stephenville, and north of Dublin, the property fronts paved County Road 392 in productive cattle and horse country. The multi-dimensional property includes 11 rental units with an established seven-figure rental income and full occupancy. The rentals consist of five double-wide mobile homes, four single-wide mobile homes, and a set of duplexes. The mobile homes have been well-cared for, updated, and regularly maintained, and are currently being re-sided with matching metal. Horse facilities include over 20 horse stalls and loafing sheds, 19 turnouts, and a lighted arena. The property spans 17.5 acres in Erath County.
    Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Map

    City
    Stephenville
    County
    Erath
    State
    Texas
    Longitude
    -98.35200442
    Latitude
    32.21571097

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    FAQs

    What type of property is this?
    Mobile home & RV park - Income-producing rental property with mobile homes and horse facilities.
    Where is this mobile home & rv park located?
    The property is located at 392 Tbd County Rd Stephenville, TX.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: - Turnkey income-producing rental property with established seven-figure rental income and full occupancy.; - 11 rental units consisting of five double-wides, four single-wides, and a set of duplexes.; - Well-maintained and updated mobile homes, currently being re-sided with matching metal.
    (254) 335-0500
    Request Owner's contact information
    392 Tbd County Rd 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.

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    Cap approach

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    Comparable approach

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

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    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
    392 Tbd County Rd Stephenville, TX 76401
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