Last 24 Hours
$1,436,000
NAL Estimated Property Value1540 W Long Street, Stephenville, TX, 76401
Off Market
Commercial
— Beds
— Bath
1,120 Sq Ft
Unimproved LandHighlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size15,290 sqft
Building Information
Year Built1980
Land Information
APNR000033517
Lot Number2
SubdivisionSouth Side Addition
Land UseResidential
Legal DescriptionS6200 SOUTH SIDE ADDITION, BLOCK 8;, LOT 2;
Census Tract950401
Assessed Land Value$122,400
Assessed Improvement Value$527,270
Assessment Year2025
About this property
Zoned R3 Multi Family, perfect investment opportunity close to Tarleton Univ. Come build a 2 or 3 plex and reap the income potential of this awesome opportunity in a college town, desperate for residential rentals. Driveway cut-ins already poured to city specs. Already has city sewer and water and electricity. This is a great opportunity to own a multi family lot in this rare market offer. Lot has been cleared and ready for construction. Come see it now!
Investor Tools
$1,436,000
Estimated Property Value
$1,134,419Estimated Mortgage Balance
$301,581Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,616 /month
Positive
Cash Flow Estimate:
$2,872 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$598/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$649,670
2025
$122,400
$527,270
$649,670
No
Tax History
Year
Tax Paid
Assessed Value
2024
N/A
$649,670
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Members Trust Of The Southwest Fcu
Unknown
$1,153,000
No
First
Jun 26, 2025
Jul 2035
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,134,419
$301,581
21%
79%
$6,913/mo
12.4%