Property summary
This exceptional investment opportunity presents a 25-unit apartment building in Stephenville, Texas, situated on a 6.26-acre lot at 120 Bunkhouse Rd, zip code 76401. Built in 2015 and renovated in 2022, this Class B property boasts 16,110 square feet of net rentable space, currently operating at 100% occupancy. The property comprises three single-story buildings and includes 19 high-quality residential suites, 40 fully upgraded horse stalls, six RV spaces, a professional-grade lighted arena,… a laundry facility, a modern conference room, and fully equipped office spaces. The property generates a substantial net operating income (NOI) of $401,400, with a pro-forma NOI of $1,043,600, resulting in an 8.92% cap rate and a pro-forma cap rate of 23.19%. The asking price is $4,500,000, translating to $180,000 per unit and $279.33 per square foot. The property is zoned for commercial use and benefits from a strong existing tenant base and a waiting list, suggesting significant potential for future growth and increased revenue. This turnkey operation offers immediate cash flow and represents a compelling investment in a thriving Texas market. The property's diverse revenue streams, including residential rentals, horse stall rentals, RV parking, and laundry facilities, contribute to its robust financial performance.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
9 properties nearbyComparable nearby
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
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- Alternative use
- Local Zoning Insight
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- Alternative use
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
