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$160,000

1540 W Long Street, Stephenville, TX, 76401

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths1,120 Sq Ft
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

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

Property Icon
$1,436,000
Estimated Property Value
$0Estimated Mortgage Balance
$301,581Estimated Equity
100% 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

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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

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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1540 W Long Street | Property Details | No Agent List