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841 County Road 502, Stephenville, TX, 76401

$2,450,000

Home List Price

$10,000*

Closing Credit

8 Full Baths
9,600 SqFt
$255/SqFt
Condo

Location

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841 County Road 502, Stephenville$2,450,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCovered, Garage Faces Side
Year Built1983
HeatingCentral
CoolingCentral Air, Electric
MLS #20716905
Lot Size3.90 Acres
StatusActive

About 841 County Road 502

Are you ready to create long term wealth in Real Estate!? Check these out! This unique property features four sets (8 total rentable units) of 2-bed, 1-bath units, each with a well-equipped kitchen (appliances included), a cozy breakfast area, and a spacious living room. Every unit comes with a carport that includes a utility room in the front, perfect for extra storage. Also includes a washer dryer hookup. Behind each unit, you'll find a horse trap and shed, adding to the property's versatility. All apartments are outfitted with their own connex boxes, offering additional secure storage. These units were completely redone on the inside 2 years ago to ensure they will last for years to come! Each duplex has its own water meter, ensuring convenience, independence and transparency for each tenant. Recent roofing upgrade adds to the property's longevity. This property is an ideal investment opportunity, perfectly suited for TSU students. Current rent rolls are available upon request.

Property Details

Property Features

Property Information:

  • Year Built: 1983
  • Living Area: 9,600 SqFt

Listing Office:

  • Office Name: Keller Williams Heritage West
  • Office Phone: (417) 331-9125
  • Listing Agent: Lane Cooper

Interior Features

Interior Information:

  • Appliances: Electric Range, Refrigerator, Vented Exhaust Fan
  • Flooring Type: Luxury Vinyl, Luxury VinylPlank
  • Interior: High Speed Internet

Bedroom and Bathroom Information:

  • Full Bathrooms: 8

Exterior Features

Parking Information:

  • Parking: Covered, Garage Faces Side

Virtual/3D Tour

  • Virtual Tour: 841 County Road 502
Virtual Tour

Lot Features

Lot Information:

  • Lot: Back Yard, Lawn
  • Lot Size: 3.90 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Stephenville High School, Public District Grades 9-12
  • Henderson Jr High School, Public District Grades 7-9
  • Gilbert Intermediate School, Public District Grades 5-6
  • Hook Elementary School, Public District Grades 3-4

Other

Directions Information:

  • Directions: On US 377 take exit for FM 914S Alexander. Turn left onto Alexander Rd. Make a sharp left onto CR 502 and property will be on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,450,000
  • Price Per SqFt: $255/SqFt

Tax Information:

  • Annual Amount: $8,454
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Stephenville, TX.

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Stephenville, TX

City

Med. List Price

$349.9K

Med. Price/SqFt

$197

Avg. Days On Market

87

# of Sold Homes

11

841 County Road 502 vs Stephenville

57 DAYS ON ROCKET

-30 Days

$2,450,000

+$2.1M More

$255/SqFt

+$58 More

KEY TAKEAWAY

This property is $2.1M more than the Median List Price and $58/SqFt more than other homes in Stephenville, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20716905

Listing Office:

  • Office Name: Keller Williams Heritage West
  • Office Phone: (417) 331-9125
  • Listing Agent: Lane Cooper

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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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

YEARPROP. TAXASSESSMENT
2020$8,454$504,520
2019$8,144$485,780
2018$8,144$452,830
2017$7,722$449,970

History based on county public records data.

Payment Calculator

$12.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,412

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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

school-card-donut-304748
8
/10

  • Hook Elementary School

  • 1067 W Jones St

  • 6.87 miles

  • Public District Grades 3-4

Middle School

school-card-donut-304749
6
/10

  • Henderson Jr High School

  • 2798 W Frey St

  • 6.46 miles

  • Public District Grades 7-9

school-card-donut-304750
4
/10

  • Gilbert Intermediate School

  • 950 N Dale Ave

  • 6.73 miles

  • Public District Grades 5-6

High School

school-card-donut-304751
5
/10

  • Stephenville High School

  • 2650 W Overhill Dr

  • 6.97 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,338. The most common annual income of people living in Stephenville, TX is between $35k-100k. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 841 County Road 502

What is the listing price of this property?

The listing price of 841 County Road 502 property is $2,450,000.

What type of property is this?

The property 841 County Road 502 is a condo located in Stephenville, Texas, 76401.

Is this property for sale now?

Active Listing: 841 County Road 502 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 841 County Road 502 are:
Hook Elementary School: GreatSchools Rating 8/10
Henderson Jr High School: GreatSchools Rating 6/10
Gilbert Intermediate School: GreatSchools Rating 4/10
Stephenville 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 $8,454 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 841 County Road 502 has 8 bathrooms..

What is the square footage of this property?

The property 841 County Road 502 is 9,600 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 841 County Road 502 is 1983.

Rocket Homes›Texas›Erath County›Stephenville›76401›841 County Road 502

This home is located at 841 County Road 502 in Stephenville, TX and zip code 76401. This 9,600 square foot home, which was built in 1983, sits on a 3.90 acre lot. Features: 8 bathrooms. It has been listed on Rocket Homes since September 05, 2024 and is currently priced at $2,450,000.

The number of homes for sale in Stephenville, TX increased by 5.5% between September 2024 and October 2024. Listings spent 87 days on the market in October 2024, and had a median list price of $349,900 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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