Located in the thriving heart of Stephenville, known for its dynamic rodeo scene and vibrant college life, 120 Bunkhouse Rd. stands as a premier investment opportunity. This meticulously maintained property features 19 high-quality lodging units and 40 fully upgraded horse stalls, complemented by a professional-grade, lighted arena—perfectly aligning with the local lifestyle. Additionally, it boasts six full-service RV spaces, a complete laundry facility, a modern conference room, and fully equipped office spaces. All rental spaces are currently fully occupied, ensuring a steady and robust revenue stream. These amenities not only enhance the property’s appeal but also ensure it is a turnkey solution with immediate revenue generation. This property has a strong existing tenant base and potential for further expansion due to wait list. This property promises substantial cash flow and represents a compelling investment for those seeking a stable, high-yield asset in a lively market.
Last updated on: 11/2/2024, 10:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$25,614
$1,528,540
2019
$28,003
$1,528,540
2018
$28,003
$1,557,080
2017
$26,721
$1,557,080
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
8
/10
Hook Elementary School
1067 W Jones St
Distance between this listing and this school2.48 miles
Public District Grades 3-4
Middle School
4
/10
Gilbert Intermediate School
950 N Dale Ave
Distance between this listing and this school3.76 miles
Public District Grades 5-6
6
/10
Henderson Jr High School
2798 W Frey St
Distance between this listing and this school4.14 miles
Public District Grades 7-9
High School
5
/10
Stephenville High School
2650 W Overhill Dr
Distance between this listing and this school3.95 miles
Public District Grades 9-12
Assigned Schools
8
/10
Hook Elementary School
1067 W Jones St
Distance between this listing and this school2.48 miles
Public District Grades 3-4
Nearby Schools
6
/10
Dublin Elementary School
701 Thomas St
Distance between this listing and this school13.35 miles
Public District Grades PK-3
5
/10
Tolar Elementary School
401 E 7th St
Distance between this listing and this school18.56 miles
Public District Grades PK-5
Assigned Schools
4
/10
Gilbert Intermediate School
950 N Dale Ave
Distance between this listing and this school3.76 miles
Public District Grades 5-6
6
/10
Henderson Jr High School
2798 W Frey St
Distance between this listing and this school4.14 miles
Public District Grades 7-9
Nearby Schools
3
/10
Three Way Elementary School
247 County Road 207
Distance between this listing and this school9.82 miles
Public District Grades PK-8
Assigned Schools
5
/10
Stephenville High School
2650 W Overhill Dr
Distance between this listing and this school3.95 miles
Public District Grades 9-12
Nearby Schools
8
/10
Huston Academy
680 Peach Orchard Rd
Distance between this listing and this school0.78 miles
Public Charter Grades 7-12
8
/10
Huckabay School
200 County Road 421
Distance between this listing and this school11.01 miles
The neighbors living near this home have an average income of $24,632. Typical income of Stephenville, TX residents is less than $35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 120 Bunkhouse Rd
What is the listing price of this property?
The listing price of 120 Bunkhouse Rd property is $4,450,000.
What type of property is this?
The property 120 Bunkhouse Rd is a condo located in Stephenville, Texas, 76401.
Is this property for sale now?
Active Listing: 120 Bunkhouse Rd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 120 Bunkhouse Rd are: Hook Elementary School: GreatSchools Rating 8/10Gilbert Intermediate School: GreatSchools Rating 4/10Henderson Jr High School: GreatSchools Rating 6/10Stephenville High School: GreatSchools Rating 5/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $25,614 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 120 Bunkhouse Rd has 21 bathrooms..
Which year was this property built?
The year of construction for 120 Bunkhouse Rd is 2015.
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This home is located at 120 Bunkhouse Rd in Stephenville, TX and zip code 76401. This home, which was built in 2015, sits on a 6.26 acre lot. Features: 21 bathrooms. It has been listed on Rocket Homes since May 04, 2024 and is currently priced at $4,450,000.
The inventory of homes for sale in Stephenville, TX between September 2024 and October 2024 increased by 5.5%. The median list price of listings available in October 2024 was $349,900, while the average time on the real estate market was 87 days.
From Rocket Homes Real Estate and based on county public records data.
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