Description
This beautiful income producing property is available for the first time and ready for a new owner to expand on its potential. the property fronts paved county road 392, with additional frontage on cr 383, just south of lingleville, west of stephenville, and north of dublin in the productive cattle and horse country. highlights of this multi-dimensional ranch include a 3,200 sqft custom home, 1,800 sqft guest house, 11 rental units with an established seven figure rental income and full occupancy. rentals consist of five double-wides, four single-wides, and a set of duplexes, 20+ horse stalls and loafing sheds, 19 turnouts, and lighted arena. the ranch is complete with cattle working pens, 60x100' hay barn, equipment barn, and workshop with hydraulic lift. additionally, there are multiple ponds, a swimming area with slide, rope swing and zip line. do you fly? this ranch has a private 1,500 ft. airstrip to conveniently fly in and out with ease. there are multiple opportunities to consider with this unique property. as a family ranch, it is one of the nicest around. as an investment, it offers cashflow to offset the cost of the ranch. **the sellers would sell just the rental houses and 17 acres alone. contact our team for additional information and details. a full packet is available upon request to brokers, agents and qualified buyers.
Property Type
Residential IncomeCounty
ErathStyle
Residential IncomeAD ID
50054994
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Property Details
-
Interior Features
Bathroom Information
- Total Baths: 0
Interior Features
- Other
Appliances
- Other
Utilities
- Septic,Well
Cooling Features
- Central Air
Heating Source
- Central
-
Exterior Features
Building Information
- Built Year: 1985
- Building Area Total: 20,000
- Construction: Stone Veneer,See Remarks
- Roof Type: Metal
Foundation
- Slab
Fencing
- Cross Fenced,Perimeter
Construction Materials
- Stone Veneer,See Remarks
-
Property / Lot Details
Lot Information
- Lot Size (Acr): 93.5000
- Lot Size Units: Acres
- Lot Size Square Feet: 4072860.0000
- Lot Features: Acreage,Airstrip,Oak,Pasture,Water/Lake View
Property Information
- SQ ft (Living Area): 20,000
- Property Type: Residential Income
- Property Sub Type: Multiple Single Units
- Subdivision: Wilson
- City: Stephenville
- State: Texas
- Directions: From HWY 8 west of Stephenville, turn west on CR 392, and go 2.9 miles. The Property is on the left near the intersection of 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).
- Property Status: Active
-
Listing Information
Listing Price Information
- Original List Price: $4,820,000
- List Price Tot SqFt: $241
Listing Information
- Possession: Negotiable,Subject to Lease
-
Taxes / Assessments
Tax Information
- Parcel Number: R000074890
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking: 30
- Parking Features: Common
Homeowners Association Information
- HOA Type: None
-
School, Utilities & Location Details
School Information
- Elementary School: Linglevill
- Middle School: Linglevill
- High School: Linglevill
- School District: Lingleville ISD
Utility Information
- Utilities: Septic,Well
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BuyOwner last updated this listing 06/09/2025 @ 16:28
- MLS: 456188717
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: NTREIS - North Texas Real Estate Information
is a Home, with 0 bedrooms which is for sale, it has 20,000 sqft, 94 sized lot, and 0 parking. are nearby neighborhoods.