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$591,000

2553 S US Highway 281 Highway, Stephenville, TX, 76401

Off MarketInfo
CommercialInfo
Beds11 Beds
Baths8 Bath
Baths1,968 Sq Ft
Multi FamilyMulti Family
Year BuiltBuilt in 2008

Highlights

Interior

Bedrooms 11Bedrooms 11
Bathrooms 8Bathrooms 8
AppliancesBuilt-In Gas Range, Electric Cooktop, Electric Oven, Electric Range, Gas Cooktop, Gas Oven, Gas Range
FlooringCarpet, Laminate

Exterior

Exterior FeaturesStorage
Lot Size45.24 acres

Building Information

Year Built2008

Land Information

APNR000017602
Land UseResidential
Legal DescriptionA0196 DUPUY JOHN B; A0434 J M JOSEFA; A0640 M ROBERTS; HOUSES & SHOP
Census Tract950600
Assessment Year2025

About this property

Prime 45+ acre commercial - multi-family - development property on busy US Hwy 281 South in Erath County in the ETJ of Stephenville, TX. Property currently has 7 rentals plus multiple storage buildings on 6.48 acres and a 38.74 acre leased coastal field at back of property. Great location for RV park, development, rental property, and more.

Investor Tools

Property Icon
$591,000
Estimated Property Value
$0Estimated Mortgage Balance
$591,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,500 /month
Positive
Cash Flow Estimate:
$2,500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$246/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$6,640
2025
N/A
N/A
$454,020
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$6,640

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$591,000
100%
0%
$0/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.

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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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2553 S US Highway 281 Highway | Property Details | No Agent List