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Multifamily Property with Equestrian Facilities
For Sale
$1,495,000

12354 W Fm 8, Stephenville, TX 76401

ResidentialIncome, Stephenville, TX

Property SizeContact for details
Lot Size19.16 Acres
Days on Market47

Property Features for 12354 W Fm 8

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 7
Full bathrooms 7
Rooms Bathroom 5, Bedroom 6, Bathroom 3, Bedroom 8, Bathroom 6, Bedroom 7, Bedroom 3, Bathroom 4, Bathroom 7, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 5, Bedroom 4
Parking 8
Fencing Fenced
Fireplace 1
Appliances Dishwasher, ElectricCooktop, ElectricOven, ElectricWaterHeater
Lot features Acreage, Pasture, Many Trees
Elementary school Linglevill
Middle school Linglevill
High school Linglevill
Elementary school district Lingleville ISD
Middle school district Lingleville ISD
High school district Lingleville ISD
Directions GPS
Standard status Active
APN R000019509
Lot size 19.16 Acres

Taxes and HOA fees

Tax Description ACRES: 15.169 A0332 HENSON ABSALOM; HOUSE & S
Tax Annual Amount 6188
Legal Description ACRES: 15.169 A0332 HENSON ABSALOM; HOUSE & S

Utilities

Sewer type Septic Tank
Heating system Central, Fireplace(s), Electric (Heating)
Cooling system Central Air, Ceiling Fan(s), Window Unit(s), Electric
Water source Well

Amenities

barn
arena
washer and dryer hook up
fenced dog yard
dedicated parking space
roping chute
return alley

Building Details

Year built 1930
Floors in Building 1
Number of units 6
Flooring type Wood, Vinyl
Building materials Brick, Log
Roof type Metal
Additional Structures Barn(s)
Listing Agency: Real Broker, LLC
Listed By: Jessee Horwedel · License #0613304
Added: Aug 8 Changed: Sep 17 Last Checked: Sep 23 at 9:06AM
MLS# 21354496

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.

This multifamily property spans 19.16 acres and includes a three-bedroom, two-bath brick residence, five one-bedroom, one-bath cabins, a seven-stall barn, and a paneled arena. The cabins include washer and dryer hookups, fenced dog yards, and individual parking spaces. Two water wells serve the improvements, while each unit has its own septic system and electric meter. The property also includes a metal roof, fenced areas, and a residence fireplace.

Located approximately 5 miles from Stephenville, the property offers about 950 feet of frontage along paved FM 8. A private road serves the cabins, with separate driveways providing access to the house and barn. All units are tenant occupied, and showings require an appointment.

Key Highlights

  • 19.16‑acre multifamily property with a brick residence and five cabins
  • Approximately 950 feet of frontage on paved FM 8
  • Seven‑stall barn and paneled arena with sandy loam soil and return alley

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Auto Repair Shop Storage Facility Big Box & Wholesale Store Bar & Pub

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

6
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

5
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Multifamily property - A brick residence and detached cabins share a rural property with dedicated access and equestrian improvements.
Where is this multifamily property located?
The property is located at 12354 W Fm 8 Stephenville, TX.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: 19.16‑acre multifamily property with a brick residence and five cabins; Approximately 950 feet of frontage on paved FM 8; Seven‑stall barn and paneled arena with sandy loam soil and return alley
More about this property
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