Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Apex, Realtors
Property view
Listing view 2
Listing view 3

693 Cr 501 #15, 
Stephenville, TX 76401

$1,295,000


4

Beds


3

Baths


2,520

Sq Ft


Single Family


Virtual Tour

Active

Listed by

Clinton Mckeehan

Clark Real Estate Group

Last updated:

November 1, 2025, 11:40 AM

MLS#

20823128

Source:

GDAR

About This Home

693 Cr 501 #15

Every once in a while and opportunity like this presents it's...don't let this one get away! Exceptional income-producing horse property, just 5 minutes from Stephenville! Spanning approximately 15.1± acres (to be surveyed), this beautiful property features a newly remodeled 2,520 sq. ft. 4 bed and 2.5 bath main home complete with an inground swimming pool. Ready for the horse enthusiasts, the property boasts a lighted arena with a return alley and stock holding pens. Adjacent to the main home, you'll find three apartments, 5 full RV hookups, and six horse stalls with pipe-fenced turnouts. Additional amenities include turnouts with sheds able to accommodate up to 24 additional horses, and a large, approximately 100'x50' commodity barn with covered working pens and tack rooms. Rental income from one 2-1 rental unit and two 1-1 rental unit that are all currently rented. There is also rental income from the horse stalls and turnouts for additional horses. The 5 RV spaces are consistently rented and provide steady income. This property offers endless possibilities: live comfortably in the main house while generating income from the apartments and stalls, or enjoy it all to yourself. Opportunities like this are rare, don’t let it slip away!

Home Facts

Single Family

3 Baths

4 Bedrooms

Built in 1983

Price Summary

1,295,000

$513 per Sq. Ft.

MLS #:

20823128

Last Updated:

November 1, 2025, 11:40 AM


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

2

Interior

Living Area:

2,520 Sq. Ft.


Structure

Structure

Architectural Style:

Ranch

Building Area:

2,520 Sq. Ft.

Year Built:

1983


Lot

Lot Size (Sq. Ft):

653,400


Finances & Disclosures

Finances

Price:

$1,295,000

Price per Sq. Ft:

$513 per Sq. Ft.

MLS Logo
Information provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated November 1, 2025 Listings with the NTREIS logo are listed by brokerages other than Coldwell Banker Apex, Realtors.

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

 

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.