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$630,000

NAL Estimated Property Value

362 County Road 481, Stephenville, TX, 76401

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,700 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$370.59 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market List

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Gas Range, Refrigerator
FlooringLaminate, Tile, Wood

Exterior

Exterior FeaturesRV Hookup, Storage

About this property

Welcome to a peaceful 10.55-acre country retreat just 8 minutes from Stephenville, offering a blend of privacy and multi-home living. This 1,700 SF home features 3 bedrooms, 2 bathrooms, 2 living areas, new laminate flooring, new exterior paint, a metal roof, and a 2-car carport. The property is fully fenced, cross-fenced, has large oak trees, good ground, and a mix of coastal and native grasses. A nice 928 SF guest house adds versatility with 2 bedrooms, 1 bathroom, its own washer and dryer, septic, and a private carport - ideal for guests, multi-generational living, or rental income. The spot is equipped with the necessities for horses, goats, or sheep, including a 3-stall barn with electricity and water, a tack room, barn half bathroom, pasture areas, and a seasonal creek running along the edge of the property. To add value and convenience, there's a 30x40 insulated metal workshop on slab with electricity and a roll-up door, a storm shelter, two RV plugs-one with covered parking, one water well, water softener, a small shed with electricity and a window air unit, fiber optic internet, and even a treehouse with a huge deck area for added fun. With an ag exemption already in place, this property offers functionality and flexibility for horses, goats, sheep, or 4-H projects. Homes on small acreage are hard to find in Erath County. Don't miss this country living, close-to-town opportunity!

Investor Tools

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$630,000
Estimated Property Value
$0Estimated Mortgage Balance
$630,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,780 /month
Positive
Cash Flow Estimate:
$1,260 /month

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Financing Details

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

City: Stephenville

362 County Road 481 | Property Details | No Agent List