TBD County Road 392, Stephenville, TX 76401
TBD County Road 392, Stephenville, TX 76401
TBD County Road 392, Stephenville, TX 76401
TBD County Road 392, Stephenville, TX 76401
TBD County Road 392, Stephenville, TX 76401
TBD County Road 392, Stephenville, TX 76401
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Melissa Dennis

Melissa Dennis

+1(817) 917-4893
$ 1,400,000
Est. payment | /mo

10.25 Acres Lot

Save Virtual Tour
$ 1,400,000
Est. payment | /mo
Save Virtual Tour

10.25 Acres Lot

Key Details

Property Type Single Family Home

Sub Type Multiple Single Units

Listing Status Active

Purchase Type For Sale

Subdivision Wilson

MLS Listing ID 20964856

HOA Y/N None

Total Fin. Sqft 20000

Year Built 1985

Lot Size 10.250 Acres

Acres 10.25

Property Sub-Type Multiple Single Units

Property Description

This turnkey income producing rental property is now available with a NEW configuration and NEW Pricing to fit more Buyers. As of April, 2026 the property is 100% occupied, with gross rental income of $148,000 per year. The property fronts paved county road 392, just south of Lingleville, west of Stephenville, and North of Dublin Close to Tarleton State University. Highlights of this multi-dimensional property include a 10 rental units with an established seven figure rental income and full occupancy. Rentals consist of five double-wides, four single-wides, and one RV spot. The mobile homes have been very well cared for, updated and maintained regularly, and recently re-sided with matching sheet metal. Horse facilities consist of 20+ horse stalls and loafing sheds, 19 turnouts, and lighted arena.

Location

State TX

County Erath

Community Horse Facilities

Direction From HWY 8 west of Stephenville, turn west on CR 392, and go 2.9 miles. The Property is on the left past CR 383. From FM 219 south of Lingleville, turn east on CR 392 and go .75 mile. The property will be on the right (south side).

Interior

Interior Features Other

Heating Central

Cooling Central Air

Flooring See Remarks

Appliance Other

Heat Source Central

Exterior

Exterior Feature Stable/Barn

Fence Cross Fenced, Perimeter

Community Features Horse Facilities

Utilities Available Cable Available, Co-op Electric, Septic, Well

Roof Type Metal

Garage No

Building

Lot Description Acreage, Agricultural, Cedar, Oak, Pasture

Story Multi/Split

Foundation Combination

Level or Stories Multi/Split

Structure Type Metal Siding,See Remarks

Schools

Elementary Schools Linglevill

Middle Schools Linglevill

High Schools Linglevill

School District Lingleville Isd

Others

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20964856

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
©2026 North Texas Real Estate Information Systems.
Listed by Kasey Mock • Keller Williams Brazos West

Nearby Locations

Melissa Dennis

+1(817) 917-4893

melissadennis@mtsapphire.com

2626 Cole Avenue Ste 300, Dallas, TX, 75204, United States

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TBD County Road 392