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Boutique Hotel Near University
New
For Sale
$785,000

1092 W Tarleton Street, Stephenville, TX 76401

Restored historic lodging property with four private suites, an office studio, guest amenities, and dedicated parking.

Property Size2,400 SF
Days on Market6

Property Features for 1092 W Tarleton Street

General Information

Standard status Active
Size 2,400 SF
Total Parking Spaces 14
Property subtype Commercial
Zoning R-# Residential and multi-housing Buyer

Site & Location

Road Access Yes
Utilities to Site Yes

Additional Details

Business Included Yes

Amenities

fireplaces
patios
courtyards
native landscaping
wrap around porch

Building Details

Building Size 2,400 SF
Year Built 1895
Year Renovated 2020
Buildings 2
Stories 2
Units 4
Construction Craftsman
Listing Agency: Keller Williams Brazos West
Listed By: Kimberly Fornes
Source: 1111brokerage
Added: Aug 24 Changed: Aug 28 Last Checked: Aug 28 at 11:30AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Brazos West

Investment Insights

Based on property information with market context.

Built in 1895 and restored over a two-year period, this Craftsman residence now operates as a boutique hotel with four private short-term rental suites. Guest rooms include zoned mini-split systems, smart TVs, microwaves, mini refrigerators, custom showers, and hardwood flooring. The three downstairs king rooms feature 10-foot ceilings, reclaimed vintage stamped-tin details, and distinct interior designs. Five original fireplaces remain, complemented by a commercial gas tankless water heater and water-softening system.

The property includes a detached office studio with a private bath and dedicated heating and air conditioning. Exterior improvements comprise rock patios, sidewalks, courtyards, native landscaping, and a wraparound porch. An asphalt parking area provides 14 spaces, including an ADA concrete pad, accessible ramp with railing, and separate entry and exit circulation.

The hotel is located one-half block from Tarleton State University and within walking distance of historic downtown and the hospital district. The property is zoned R-# Residential and multi-housing Buyer, with a sewer tap in place and plans described for a future three-unit expansion.

Key Highlights

  • Four private rentable short‑term suites
  • 1895 Craftsman residence restored over two years
  • 10‑foot ceilings and five original fireplaces

Property Analytics

Current Use

The Gallery House Bed ... Bed & Breakfast

Suggested Use

Top Pick Dental Office Catering Service Acupuncture Carpet & Flooring Store (Bike/Boat/Book/etc) Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

860
Businesses Nearby

Demographics for 76401, TX

30,144
Population
13,826
Households
2.2
Avg Household Size
30
Median Age
35%
College-Educated
90%
High-School Grad
411.3 sq mi
ZIP Area
73
Density / Sq Mi
$60,864
Median Household Income
$31,925
Median Earnings
$1,136
Median Rent
$252,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Restored historic lodging property with four private suites, an office studio, guest amenities, and dedicated parking.
Where is this hotel located?
The property is located at 1092 W Tarleton Street Stephenville, TX.
What is the asking price?
The asking price for this property is $785,000.
What are key features of this property?
This property features: Four private rentable short‑term suites; 1895 Craftsman residence restored over two years; 10‑foot ceilings and five original fireplaces
More about this property
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