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Leased Brick Single-Family Investment
For Sale
$280,000

1723 Sully Court, Stephenville, TX 76401

MULTI_FAMILY - Stephenville, TX

Lot Size0.10 Acres
Days on Market92

Property Features for 1723 Sully Court

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 1
Parking 2
Parking features Garage
Interior features BuiltInFeatures, DecorativeDesignerLightingFixtures, EatInKitchen, CableTv
Fencing Privacy
Appliances ElectricRange
Subdivision One Garden Place
Lot features Interior Lot
Elementary school Chamberlai
High school Stephenvil
Elementary school district Stephenville ISD
Middle school district Stephenville ISD
High school district Stephenville ISD
Directions GPS Friendly, SOP
Standard status Active
APN R000064175
Lot size 0.10 Acres

Taxes and HOA fees

Tax Description ACRES: 0.104 S4550 ONE GARDEN PLACE; BLOCK 1;
Tax Annual Amount 4532
HOA Fee $45 Monthly
Legal Description ACRES: 0.104 S4550 ONE GARDEN PLACE; BLOCK 1;

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Ceiling Fan(s), Central Air, Electric
Water source Public

Building Details

Year built 1998
Floors in Building 1
Number of units 1
Flooring type Vinyl
Building materials Brick
Roof type Composition
Listing Agency: Ebby Halliday Realtors
Listed By: Eric Hayden · License #0606910
Added: May 1 Changed: Jul 30 Last Checked: Jul 31 at 12:06AM
MLS# 21247812

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 turnkey investment offers a brick single-family home with a functional 3-bedroom, 2-bath layout designed to appeal to long-term renters. The exterior is built with a durable brick finish, and the property is already income-producing, currently leased at $2,100 per month through May 31, 2027.

Set in an established neighborhood just minutes from Tarleton State University, the home benefits from its proximity to a growing Division I campus and its expanding enrollment. A small HOA helps reduce routine maintenance demands by covering front lawn maintenance.

For investors seeking stable income with minimal maintenance, this leased asset provides immediate cash flow and a straightforward ownership profile. Its tenant-friendly configuration and reduced exterior upkeep through the HOA make it a practical addition for portfolios focused on long-term rental performance.

Key Highlights

  • 3‑bedroom, 2‑bath brick home built in 1998
  • Currently leased for $2,100/month through May 31, 2027
  • Central air and central electric heating, plus ceiling fans

Property Analytics

Current Use

Single family properties

Suggested Use

Top Pick Law Firm Garden Center Furniture & Home Goods Computer & Electronic Repair Pharmacy (Bike/Boat/Book/etc) Store

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

257
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Single family property - Turnkey 3-bed, 2-bath brick home leased through May 31, 2027, with HOA front-lawn maintenance for reduced day-to-day upkeep.
Where is this single family property located?
The property is located at 1723 Sully Court Stephenville, TX.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: 3‑bedroom, 2‑bath brick home built in 1998; Currently leased for $2,100/month through May 31, 2027; Central air and central electric heating, plus ceiling fans
More about this property
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