Investment Opportunity! Equestrian Rental Property, discover a unique income-generating property designed for horse lovers and those seeking a tranquil, rural lifestyle. This 4.005-acre property features a 3-bedroom, 2-bath single wide mobile home, complete with a 4-stall shed row and 3 large turnouts. Additionally, there are two cozy 2-bedroom, 1-bath cabins, that rent for $1,300, that share a 4-stall shed row and each with two individual turnouts. The property also includes a detached two-car carport with a laundry room and storage area. With the increasing demand for equestrian-friendly rentals, this property offers a fantastic opportunity to capitalize on a niche market and generate consistent income.
Sold
Price Unknown
1970 County Road 262, Stephenville, TX 76401
7beds
1,215sqft
Multi Family
Built in 1999
-- sqft lot
$280,400 Zestimate®
$--/sqft
$1,721 Estimated rent
Home value
$280,400
Estimated sales range
Not available
$1,721/mo
Zestimate® history
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List your homeWhat's special
Detached two-car carport
Zillow last checked:
Listing updated:
Listed by:
J J HAMPTON 254-965-4717,
J.J. HAMPTON REALTY 254-965-4717
Bought with:
Teri Enzeroth
ARMSTRONG REAL ESTATE
Source: NTREIS,MLS#: 20981498
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 2
- Full bathrooms: 4
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Electric Range, Electric Water Heater
Features
- Decorative/Designer Lighting Fixtures, High Speed Internet, Open Floorplan
- Flooring: Carpet, Laminate, Luxury Vinyl Plank
- Windows: Window Coverings
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,215
- Total interior livable area: 1,215 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached Carport, Open
- Carport spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Exterior features: Storage
- Pool features: None
- Fencing: Cross Fenced,Fenced
Lot
- Size: 4.06 Acres
- Features: Acreage, Back Yard, Corner Lot, Lawn, Landscaped, Pasture, Few Trees
Details
- Additional structures: Barn(s), Stable(s)
- Parcel number: R000063941
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Pillar/Post/Pier
- Roof: Metal
Condition
- Year built: 1999
Utilities & green energy
- Sewer: Septic Tank
- Water: Community/Coop
- Utilities for property: Electricity Connected, None, Overhead Utilities, Septic Available, Water Available
Community & HOA
Community
- Subdivision: Highview Estate
HOA
- Has HOA: No
Location
- Region: Stephenville
Financial & listing details
- Tax assessed value: $291,080
- Annual tax amount: $4,305
- Date on market: 7/7/2025
- Cumulative days on market: 138 days
- Listing terms: Cash,Conventional,Other
- Electric utility on property: Yes
- Road surface type: Dirt
Price history
| Date | Event | Price |
|---|---|---|
| 12/1/2025 | Sold | -- |
Source: NTREIS #20981498 Report a problem | ||
| 11/24/2025 | Pending sale | $350,000$288/sqft |
Source: NTREIS #20981498 Report a problem | ||
| 11/10/2025 | Contingent | $350,000$288/sqft |
Source: NTREIS #20981498 Report a problem | ||
| 7/7/2025 | Listed for sale | $350,000$288/sqft |
Source: NTREIS #20981498 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $291,080 -8.2% |
| 2024 | $4,304 +28.6% | $317,110 +31.2% |
| 2023 | $3,347 +31.5% | $241,680 +48.7% |
| 2022 | $2,546 +34.7% | $162,490 +40.7% |
| 2021 | $1,890 +4.4% | $115,510 +6.9% |
| 2020 | $1,810 +15.8% | $108,040 +20.1% |
| 2019 | $1,564 +37.6% | $89,960 +3.2% |
| 2018 | $1,137 | $87,190 +3.2% |
| 2017 | $1,137 +9.1% | $84,480 +7% |
| 2016 | $1,042 -13.3% | $78,920 -1.3% |
| 2015 | $1,201 | $79,950 -1.3% |
| 2014 | $1,201 | $80,980 +9.4% |
| 2013 | -- | $74,010 -4.5% |
| 2012 | -- | $77,490 -1.3% |
| 2011 | -- | $78,520 -1.3% |
| 2010 | -- | $79,550 +1.5% |
| 2009 | -- | $78,340 +7.8% |
| 2008 | -- | $72,700 +11% |
| 2007 | -- | $65,520 |
Find assessor info on the county website
Neighborhood: 76401
Nearby homes
- $296,100-- bd-- ba3.2k sqft1848 County Road 262, Stephenville, TX 76401Off Market
- $29,760-- bd-- ba1.4k sqft1848 County Road 262, Stephenville, TX 76401Off Market
- $243,400-- bd-- ba-- sqft1708 County Road 262, Stephenville, TX 76401Off Market
- $38,930-- bd-- ba1.6k sqft1708 County Road 262, Stephenville, TX 76401Off Market
- $283,700-- bd-- ba1.3k sqft1776 County Road 262, Stephenville, TX 76401Off Market
- $239,500-- bd-- ba1.7k sqft1710 County Road 262, Stephenville, TX 76401Off Market
- $1,032,400-- bd-- ba3.9k sqft1630 County Road 262, Stephenville, TX 76401Off Market
- $316,300-- bd-- ba1.3k sqft1536 County Road 262, Stephenville, TX 76401Off Market
Nearby schools
GreatSchools rating
- NACentral Elementary SchoolGrades: PK-KDistance: 4.2 mi
- 9/10Henderson Junior High SchoolGrades: 7-8Distance: 4.4 mi
- 6/10Stephenville High SchoolGrades: 9-12Distance: 4.8 mi
Schools provided by the listing agent
- Elementary: Central
- High: Stephenvil
- District: Stephenville ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$280,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$280,400
- Texas
- Erath County
- Stephenville
- 76401
- 1970 County Road 262
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