561 S Second Avenue Stephenville, TX $ 1,800,873
561 S Second Avenue
$ 1,800,873
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561 S Second Avenue

Stephenville, TX, 76401
$ 1,800,873
Bedrooms15 Baths15.0

Monthly Estimate*

$ 11,969

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Multi-Family Home for sale in Stephenville, TX

for $1,800,873 with 15 bedrooms and 15 full baths. This home was built in 2021 on a lot size of 0.372.

Completed in 2021, this ensemble of five townhomes embodies elegance and convenience just a stone's throw from Tarleton University. Each spacious 3-bed, 3-bath unit unfolds into an open-concept realm, blending the living, dining, and gourmet kitchen space adorned with sleek stainless steel appliances and pristine granite countertops. Stained concrete graces the ground floor, while the upper echelons showcase chic wood-like vinyl. While some units could house families, the option to rent rooms individually offers flexibility. Every townhome boasts a cozy backyard and covered porch—idyllic for pets and relaxation. Nestled in a serene neighborhood ideal for leisurely walks, this property emerges as a captivating investment, melding university proximity with modern allure. This property has been 100% occupied even with rent increases due to the lack of housing in Stephenville. The location that this one has to the university ensures it's popularity.

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Multi-Family Active

Price

$ 1,800,873

Bedrooms

15

Full Bath

15

Property Type

Multi-Family

Taxes

$ 16,574

Style

Multiple Single Units

Lot Size

0.372

Year Built

2021

Town/City

Stephenville

County/Region

Erath

MLS | Web ID

20581363

Features
Interior
Interior Features Granite Counters Open Floorplan
Flooring Concrete Laminate
Total Units 5
Full Baths 15
Half Baths 0
Street Suffix Avenue
Total Bedrooms 15
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General
Heating Central
Complex Name 561 S Second Street
Cooling Central Air
Utilities City Sewer City Water Electricity Connected
Possession Subject to Lease
Roof Composition
Appliances Dishwasher Disposal Dryer Electric Range Electric Water Heater Microwave Refrigerator Washer Other
School District Stephenville ISD
Pool Y/N 0
Year Built 2021
Levels Two
Property SubType Multiple Single Units
Subdivision Name Richland Terrace Add
Occupant Type Tenant
County Erath
Property Type Residential Income
Construction Materials Frame Stone Veneer Wood
Year Built Details Preowned
HOA Type None
# of Buildings 1
Status Active
Directions From Lillian turn East on Cage and then North on S 2nd.
City Stephenville
Buyer Agent Compensation 3
Elementary School Name Central
High School Stephenvil
Street Name Second
Elementary School Central
Standard Status Active
Junior High School Stephenvil
Buyer Agent Compensation Type %
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Exterior
Parking Features Common Concrete Off Street
Foundation Slab
Building Area Total 0.00
Garage Y/N 0
Attached Garage Y/N 0
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Internal Only
Street Number 1 561
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* Excluded Features
List By
Joleen Skipworth

Listing Agent

Real Estate By Pat Gray

Broker

Affordability Calculator

$13,350
Per Month
90%
10%
0%
Monthly Principal & Interest
$11,969
Monthly Property Taxes
$1,381
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
285837 Elementary School
3672383 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/7/2024$1,800,873 Listed Price

Map


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561 S Second Avenue, Stephenville, TX, 76401 is a Multi-Family Home for sale at $1,800,873 with a lot size of 0.372. 561 S Second Avenue has 15 bedrooms, 15.0 baths, and was built in 2021. The property's zip code is 76401 which is in Stephenville, TX