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$762,000

NAL Estimated Property Value

185 Summerfield Ln, Stephenville, TX, 76401

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,708 Sq Ft
price_per_sqft$465.46 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Range, Microwave, Water Softener
FlooringCarpet, Ceramic Tile, Concrete

Exterior

Lot Size12.14 acres

Building Information

Year Built2013
Garage Spaces2

Land Information

APNR000074870
Lot Number5
SubdivisionSummerfield Subdivision
Land UseResidential
Legal DescriptionS9625 SUMMERFIELD SUBDIVISION; LOT 5
Census Tract950204
Assessment Year2025

About this property

Discover an exceptional horse property you won’t want to miss, nestled in the heart of the Cowboy Capital of the World! Located just under 3 miles from the renowned Tarleton State Rodeo Complex, this property is a dream come true for rodeo enthusiasts and equestrians. Situated within the highly regarded Huckabay Independent School District, it offers the perfect blend of rural charm and proximity to Stephenville’s vibrant cowboy culture, welcoming community, and storied Western heritage. Designed for turn-key functionality, this property is a horse lover’s paradise. It features meticulously maintained cross fencing throughout, complete with top rail pipe and automatic waterers, ensuring a constant and reliable water supply for your livestock. The land is thoughtfully divided into five spacious traps and two smaller catch pens, providing ample room for grazing, easy catching, and efficient feeding. For those with ambitious plans, one trap has been pre-fenced for an arena, with plenty of space for steer pens and a return alley, just a bit of plowing, and you’ll be ready to create your ideal setup. Your horses will thrive on the high-quality sandy loam soil. Adding to the property is a custom-built barn, tailored to meet every equestrian’s needs. This impressive structure boasts five oversized stalls, offering generous space for your horses to rest comfortably. The barn also includes a dedicated tack room for organized storage of gear and supplies, plus a large overhang that provides covered parking for vehicles or equipment and convenient hay storage. Whether tending to your horses or gearing up for a ride, this barn elevates the property’s functionality and appeal. The home is thoughtfully designed split floor plan. The living area offers a cozy wood-burning fireplace perfect for unwinding after a day in the saddle. The kitchen shines with stunning granite countertops and custom cabinetry, seamlessly blending elegance with practicality.

Investor Tools

Property Icon
$762,000
Estimated Property Value
$0Estimated Mortgage Balance
$762,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,770 /month
Positive
Cash Flow Estimate:
$1,590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$320/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$1,810
2025
N/A
N/A
$178,240
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$1,810

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$762,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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.

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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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185 Summerfield Ln | Property Details | No Agent List