Residential Income Home with
940 Elk Rdg Drive Stephenville, TX 76401
940 Elk Rdg Drive, Stephenville, TX, 76401
$395,000
For Sale
$395,000
MULTI_FAMILY - Stephenville, TX
Lot Size0.22 Acres
Days on Market11
Property Features for 940 Elk Rdg Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 3
- Parking
- 1
- Parking features
- Garage, Driveway, Open
- Interior features
- DecorativeDesignerLightingFixtures, GraniteCounters, OpenFloorplan, Pantry, WalkInClosets
- Exterior features
- DogRun, RainGutters
- Fencing
- Privacy
- Fireplace
- 1
- Appliances
- Dishwasher, ElectricRange, ElectricWaterHeater, Microwave
- Standard status
- Active
- APN
- R000075342
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Description
- ACRES: 0.217 S4067 ELK RIDGE ESTATES; PHASE I
- Tax Annual Amount
- 6010
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Ceiling Fan(s), Central Air
- Water source
- Public
Building Details
- Year built
- 2019
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Tile, Carpet
- Building materials
- Brick, Rock, Stone
- Roof type
- Composition
Listing Agency
Ebby Halliday Realtors
(254) 965-7653
Forney, TX
Listed by
Jamie Evans
(972) 772-1369
Added: Jul 8 Checked: Jul 18 at 8:06 am
MLS# 21276659
Listing URL
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Investment Insights
Based on property information with market context.
Set in the Elk Ridge neighborhood of Stephenville, this well-maintained 3-bedroom, 2-bath home is designed for everyday comfort and easy living. The interior features a spacious living area that flows into the dining and kitchen spaces, supported by ample cabinetry and workspace. The primary suite includes a private bath, while the two additional bedrooms offer flexibility for guests, family, or a home office. Outside, the large backyard and expansive patio create a practical setting for outdoor entertaining and relaxation.
The property is located in Stephenville, Erath County, and is positioned on a manageable lot size. It is currently leased, providing near-term income stability with the house leased until June 2027. The home’s curb appeal and overall upkeep are evident upon arrival, supporting a clean, turn-key appearance for continued occupancy.
This home is a strong fit for investors seeking a residential income asset with an in-place tenant and a lease term extending to June 2027. It may also appeal to owner-occupants planning ahead, given the flexible bedroom layout and outdoor living space centered around the patio. The combination of a functional interior plan and established tenancy makes it a practical option for both income-focused buyers and longer-term residents.
The property is located in Stephenville, Erath County, and is positioned on a manageable lot size. It is currently leased, providing near-term income stability with the house leased until June 2027. The home’s curb appeal and overall upkeep are evident upon arrival, supporting a clean, turn-key appearance for continued occupancy.
This home is a strong fit for investors seeking a residential income asset with an in-place tenant and a lease term extending to June 2027. It may also appeal to owner-occupants planning ahead, given the flexible bedroom layout and outdoor living space centered around the patio. The combination of a functional interior plan and established tenancy makes it a practical option for both income-focused buyers and longer-term residents.
Key Highlights
- 3‑bedroom, 2‑bath home built in 2019 in the Elk Ridge neighborhood of Stephenville
- Lease in place through June 2027
- Open floorplan with granite countertops, pantry, and walk‑in closets
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Well-kept 3-bedroom, 2-bath home with a large patio and backyard, currently leased through June 2027.
Where is this single family property located?
The property is located at 940 Elk Rdg Drive Stephenville, TX.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 3‑bedroom, 2‑bath home built in 2019 in the Elk Ridge neighborhood of Stephenville; Lease in place through June 2027; Open floorplan with granite countertops, pantry, and walk‑in closets
