Property summary
This exceptional 8-unit apartment complex in Stephenville, Texas, presents a compelling investment opportunity. Located at 841 County Road 502, this property boasts 9,600 square feet of net rentable space, spread across four one-story buildings. Each building houses two 2-bedroom, 1-bathroom units, totaling eight units in all. The apartments feature well-equipped kitchens with included appliances, cozy breakfast areas, and spacious living rooms. Each unit includes a carport with a front… utility room offering extra storage and washer/dryer hookups. Adding to the property's versatility, each unit also has a private horse trap and shed. For added security, every apartment is equipped with its own connex box. Interior renovations were completed two years ago, ensuring long-term value. Individual water meters for each duplex provide convenience and transparency. A recent roof upgrade further enhances the property's longevity. This property is ideally situated for Tarleton State University students, and current rent rolls are available upon request. The asking price for this turnkey investment is $2,500,000.
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
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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.
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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
- Location Insight
- Alternative use
- Local Zoning Insight