Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1985
Sq.Footage
20,000
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.
Features & Amenities
Interior
-
Other Interior Features
Other
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Stone, Stone Veneer, See Remarks
-
Parking
Common
-
Pool
No
-
Waterfront YN
NO
-
View
Water
Area & Lot
-
Lot Features
Pasture
-
Lot Size(acres)
93.5
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
Price
-
Sales Price
$4,820,000
-
Sq. Footage
20, 000
-
Price/SqFt
$241
HOA
-
Association
No
School District
-
Elementary School
Linglevill
-
Middle School
Linglevill
-
High School
Linglevill
Property Features
-
Foundation Details
Slab
-
Senior Community YN
NO
-
Sewer
Septic Tank
-
Water Source
Well
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Location
County
Erath
Elementary School
Linglevill
Middle School
Linglevill
High School
Linglevill
Listing Courtesy of Kasey Mock , Keller Williams Brazos West
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