Multifamily Property With Guest
For Sale
$469,000
397 County Road 538, Stephenville, TX 76401
Two separate residences offer flexible living arrangements on a landscaped rural property with dedicated outdoor areas.
Property Size1 SF
Lot Size2.62 Acres
Price / SF$469,000
Days on Market450
Property Features for 397 County Road 538
General Information
Standard status
Active
Size
1 SF
Total Parking Spaces
4
Lot size
2.62 Acres
Property subtype
Multi-Family / Apartment/5Plex+
Site & Location
Road Access
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 3BR/2BA, 1 x 1BR/1BA
Multifamily Units
2
Additional Details
Gross Income
$8,400
Amenities
covered carport
concrete slab
yard space
Ceiling Fan(s), Central Air, Electric
Central, Electric
No
Carpet, Laminate, Tile
Dishwasher, Disposal, Electric Range, Microwave, Refrigerator, Water Filter, Water Softener
Decorative Lighting, High Speed Internet Available, Walk-In Closet(s)
Composition
One
Chain Link, Net, Partial
Yes
Dog Run, Private Entrance, Storage
1
Pillar/Post/Pier
Public Records
2
Siding
Covered
Building Details
Year Built
1982
Buildings
2
Listing Agency:
MOORE HOME AND RANCH, LLC
Listed By:
Derece Jones · License #0503393
(254) 967-2984
Source:
Compass
Added: Jun 10, 2025
Changed: Aug 30
Last Checked: Aug 30 at 8:37AM
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 MOORE HOME AND RANCH, LLC
Investment Insights
Based on property information with market context.
This multifamily property includes a 1,953-square-foot main residence with three bedrooms, two bathrooms, a bonus room, a large living area, and a separate dining space. The kitchen features abundant cabinetry and appliances, while laminate and tile flooring extend through the home. Recent improvements include new windows, a hot water heater, a 2024 HVAC system, a 2023 refrigerator, and a 2025 microwave.
A separate 630-square-foot guest house provides one bedroom, one bathroom, a living area, and a full kitchen with appliances. It also includes a covered carport with storage space. Set on 2.62 acres at the end of a dead-end road, the property has a 365-foot water well with a new pump, updated electrical systems, a concrete slab for outdoor activities, a pet yard separate from the main backyard, and space where horses and 4H animals are welcome.
A separate 630-square-foot guest house provides one bedroom, one bathroom, a living area, and a full kitchen with appliances. It also includes a covered carport with storage space. Set on 2.62 acres at the end of a dead-end road, the property has a 365-foot water well with a new pump, updated electrical systems, a concrete slab for outdoor activities, a pet yard separate from the main backyard, and space where horses and 4H animals are welcome.
Key Highlights
- 2.62‑acre property with two separate residences
- Main home measures 1,953 square feet with 3 bedrooms and 2 bathrooms
- Guest house offers 630 square feet with 1 bedroom and 1 bathroom
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
13
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
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Two separate residences offer flexible living arrangements on a landscaped rural property with dedicated outdoor areas.
Where is this multifamily property located?
The property is located at 397 County Road 538 Stephenville, TX.
What is the asking price?
The asking price for this property is $469,000.
What are key features of this property?
This property features: 2.62‑acre property with two separate residences; Main home measures 1,953 square feet with 3 bedrooms and 2 bathrooms; Guest house offers 630 square feet with 1 bedroom and 1 bathroom
