For sale

Price cut: $190K (7/21)

$1,795,000

8441 County Road 176, Stephenville, TX 76401

18beds

6,098sqft

$12,607/mo

Get pre-qualified

Multi Family, Apartment

Built in 2011

-- sqft lot

$-- Zestimate^®

$294/sqft

$-- HOA

What's special

On-site roping arena

Prime investment opportunity in Stephenville, the Cowboy Capital of the World and home to rodeo collegiate powerhouse, Tarleton State University. This **fully occupied, income-producing** property offers a rare mix of residential and equine amenities, including **10 apartments**, **8 RV hookups**, **20 horse stalls with runs**, **15 covered pens**, and **4 large traps**. A key highlight is the **on-site roping arena**, adding a distinctive value feature for tenants and equine users. Located **directly across from the popular 377 Arena**, the property benefits from strong visibility and immediate connection to Stephenville’s active horse community. With **Tarleton State University’s growing enrollment contributing to a local housing shortage**, this property presents meaningful upside potential for rent increases across both the apartments and equine facilities. An exceptional chance to invest in a high-demand asset with multiple income streams and future growth.

111 days

158

10

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 18
Bathrooms: 10
Full bathrooms: 10

Heating

Central, Electric

Cooling

Central Air, Electric

Appliances

Included: Water Purifier

Features

Eat-in Kitchen, High Speed Internet, Kitchen Island
Flooring: Concrete, Other

Interior area

Total structure area: 6,098
Total interior livable area: 6,098 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 20
Parking features: Gravel, Boat, RV Access/Parking

Features

Levels: Two
Stories: 2
Patio & porch: Awning(s), Covered, Balcony
Exterior features: Awning(s), Balcony, RV Hookup
Pool features: None

Lot

Size: 6.11 Acres
Features: Acreage, Agricultural, Pasture

Details

Additional structures: Barn(s), Stable(s)
Parcel number: R000018742

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Apartment

Materials

Brick
Foundation: Slab
Roof: Metal

Condition

Year built: 2011

Utilities & green energy

Sewer: Septic Tank
Water: Private
Utilities for property: Electricity Available, None, Septic Available, Water Available

Community & HOA

Community

Features: Fenced Yard, Laundry Facilities
Subdivision: Na

HOA

Has HOA: No

Location

Region: Stephenville

Financial & listing details

Price per square foot: $294/sqft
Annual tax amount: $10,648
Date on market: 4/8/2026
Cumulative days on market: 112 days
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

$1,423/mo

Price history

Date	Event	Price
7/21/2026	Price change	$1,795,000-9.6%$294/sqft
Source: NTREIS #21227447 Report a problem
5/13/2026	Price change	$1,985,000-9.8%$326/sqft
Source: NTREIS #21227447 Report a problem
4/8/2026	Listed for sale	$2,200,000$361/sqft
Source: NTREIS #21227447 Report a problem
6/25/2025	Listing removed	$2,200,000$361/sqft
Source: NTREIS #20735926 Report a problem
5/27/2025	Price change	$2,200,000-8.3%$361/sqft
Source: NTREIS #20735926 Report a problem
2/13/2025	Price change	$2,400,000-4%$394/sqft
Source: NTREIS #20735926 Report a problem
9/30/2024	Listed for sale	$2,500,000$410/sqft
Source: NTREIS #20735926 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

See how much you could borrow to make a competitive offer.

Get pre-qualified