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$262,000

NAL Estimated Property Value

1136 W Long St, Stephenville, TX, 76401

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths2 Bath
Baths1,452 Sq Ft
price_per_sqft$1.33 / sqft
Year BuiltBuilt in 1930

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Refrigerator

Exterior

Lot Size6,186 sqft

Building Information

Year Built1930

Land Information

APNR000033552
Lot Number3
SubdivisionSouth Side Addition
Land UseResidential
Legal DescriptionS6200 SOUTH SIDE ADDITION, BLOCK 12;, LOT 3
Census Tract950600
Assessed Land Value$40,000
Assessed Improvement Value$196,280
Assessment Year2025

About this property

Ideal Student Rental or Investment Property – Just 2 Blocks from Campus Attention investors and parents of college students! This 3-bedroom, 2-bath home offers an incredible opportunity just two blocks from campus, making it a highly desirable rental location for university students. The home features a large living room with beautiful hardwood floors and a cozy wood-burning fireplace, creating a comfortable shared space perfect for studying, relaxing, or hosting friends. The practical floor plan allows multiple students to live comfortably while maintaining privacy. The property also includes all electric appliances, helping simplify utilities and maintenance for both tenants and owners. Recent updates include a new privacy fence and a brand-new covered patio, ideal for outdoor gatherings, grilling, or simply enjoying time outside. A separate storage shed provides extra room for bikes, tools, or seasonal items. With its walk-to-campus location, strong rental potential, and desirable features, this property is an excellent opportunity for investors looking for consistent rental demand or parents wanting a smart housing solution for their college students. Properties this close to campus rarely come available—don’t miss your chance to own a prime student rental location! Current leases run through the end of July, so your new students would be able to move in the first of August. If the buyer wanted to close sooner, I believe that could be accommodated.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$397/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$236,280
2025
$40,000
$196,280
$236,280
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$236,280

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Of Central Florida
Closed-End Mortgage / Closed-End With Future Advance Clause
$188,000
No
First
Jun 27, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$181,244
$80,756
30%
69%
$1,128/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Stephenville

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1136 W Long St | Property Details | No Agent List