Historic Boutique Hotel with Expansion
For Sale
$785,000
1092 W Tarleton Street, Stephenville, TX 76401
CommercialSale, Stephenville, TX
Property SizeContact for details
Lot Size0.36 Acres
Days on Market13
Property Features for 1092 W Tarleton Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
R-# Residential and multi-housing Buyer to verify
Parking features
Off Street, Open, Assigned, Garage, Parking Lot
Accessibility
Accessible Approach with Ramp
Subdivision
Park Place Add
Lot features
Back Yard, Corner Lot, Hardwood Trees, Irregular Lot, Lawn, Landscaped, Native Plants, Many Trees, Historic District
Directions
1092 W Tarleton Street, behind Wendy's restaurant, North of Washington Street. The Gallery House Boutique Hotel is located on the corner of Tarleton and Ollie Streets. Half block from Tarleton State University's east campus.
Standard status
Active
APN
R000032857
Lot size
0.36 Acres
Taxes and HOA fees
Tax Description
S5400 PARK PLACE ADDITION BLOCK 16; LOT 1A &
Tax Annual Amount
5311
Legal Description
S5400 PARK PLACE ADDITION BLOCK 16; LOT 1A &
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Zoned, Natural Gas
Cooling system
Ceiling Fan(s), Electric, Zoned
Water source
Public
Amenities
Zoned Mini splits
smart TV
microwave
mini fridge
custom showers
hardwood floors
10 foot ceilings with reclaimed vintage stamped tin
original fireplaces
commercial gas tankless water heater
professional water softener system
detached office studio with private bath
zoned heating and air
custom rock patios
sidewalks
courtyards
native landscaping
wrap around porch
Building Details
Year built
1895
Floors in Building
2
Number of units
4
Flooring type
Hardwood
Building materials
Frame, WoodSiding
Roof type
Composition
Listing Agency:
Keller Williams Brazos West · Keller Williams Realty
(817) 279-6996
Listed By:
Kimberly Fornes
(817) 441-4000
Added: Aug 12
Changed: Aug 23
Last Checked: Aug 24 at 11:06AM
MLS# 20935585
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
The Gallery House is a four-suite hotel housed in an 1895 Craftsman home that was restored and converted for lodging use. Guest accommodations include zoned mini-split systems, smart TVs, microwaves, mini fridges, custom showers, and hardwood flooring. The three downstairs king rooms feature 10-foot ceilings, reclaimed vintage stamped-tin details, and individual designs. The property also includes five original fireplaces, a commercial gas tankless water heater, a water softener system, and a detached office studio with a private bath and zoned heating and air.
Set on 0.362 acres at 1092 W Tarleton Street, the hotel is located a half block from Tarleton State University and within walking distance of Historic Downtown and the hospital district. Site improvements include custom rock patios, sidewalks, courtyards, native landscaping, an asphalt parking lot with 14 spaces, an ADA concrete parking area, an accessible ramp, and a wraparound porch.
A sewer tap is in place for a potential second phase consisting of three additional rental units on one foundation. Public water and public sewer serve the property.
Set on 0.362 acres at 1092 W Tarleton Street, the hotel is located a half block from Tarleton State University and within walking distance of Historic Downtown and the hospital district. Site improvements include custom rock patios, sidewalks, courtyards, native landscaping, an asphalt parking lot with 14 spaces, an ADA concrete parking area, an accessible ramp, and a wraparound porch.
A sewer tap is in place for a potential second phase consisting of three additional rental units on one foundation. Public water and public sewer serve the property.
Key Highlights
- Four private rentable suites in a restored 1895 Craftsman home
- Half block from Tarleton State University; walking distance to Historic Downtown and the hospital district
- 0.362‑acre hotel property with 14‑space asphalt parking lot
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
860
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Restored Craftsman lodging property with four private suites, modern guest amenities, and a detached office studio.
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 suites in a restored 1895 Craftsman home; Half block from Tarleton State University; walking distance to Historic Downtown and the hospital district; 0.362‑acre hotel property with 14‑space asphalt parking lot
