693 County Road 501
Stephenville, TX 76401
- 8 beds
- 6 baths
- 2,520 sqft
- ~15 acre lot
- $513 per sqft
- 1983 build
- – on site
Every once in a while and opportunity like this presents it's...don't let this one get away! Exceptional income-producing horse property, just 5 minutes from Stephenville! Spanning approximately 15.1± acres (to be surveyed), this beautiful property features a newly remodeled 2,520 sq. ft. 4 bed and 2.5 bath main home complete with an inground swimming pool. Ready for the horse enthusiasts, the property boasts a lighted arena with a return alley and stock holding pens. Adjacent to the main home, you'll find three apartments, 5 full RV hookups, and six horse stalls with pipe-fenced turnouts. Additional amenities include turnouts with sheds able to accommodate up to 24 additional horses, and a large, approximately 100'x50' commodity barn with covered working pens and tack rooms. Rental income from one 2-1 rental unit and two 1-1 rental unit that are all currently rented. There is also rental income from the horse stalls and turnouts for additional horses. The 5 RV spaces are consistently rented and provide steady income. This property offers endless possibilities: live comfortably in the main house while generating income from the apartments and stalls, or enjoy it all to yourself. Opportunities like this are rare, don’t let it slip away!
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Mar 12, 2025
•
MLS# 20821997 —
The Building
-
Year Built:1983
-
Year Built Details:Preowned
-
Accessibility Features:No
-
Roof:Asphalt, Metal
-
Foundation Details:Slab
-
Levels:One
-
Construction Materials:Rock/Stone, Steel Siding, Stone Veneer
-
Building Area Total:2520.00
-
Building Area Source:Builder
Interior
-
Interior Features:Built-in Features, High Speed Internet Available, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
-
Flooring:Laminate, Simulated Wood, Vinyl
Location
-
Directions:From the corner of the South Loop and Lillian, take Lillian St. south to CR 256. Turn right on to CR 501. CR 501 dead ends at the property gate.
-
Latitude:32.17068800
-
Longitude:-98.23483500
The Property
-
Property Type:Residential Income
-
Property Subtype:Multiple Single Units
-
Parcel Number:R000015707
-
Lot Features:Acreage
-
Lot Size:10 to < 50 Acres
-
Lot Size SqFt:653400.0000
-
Lot Size Acres:15.0000
-
Lot Size Area:15.0000
-
Lot Size Units:Acres
-
Lot Size Source:Estimated
-
Exclusions:Hay and feed in barns,
-
Horse Permitted:Yes
-
# of Buildings:4
-
Waterfront:No
-
Will Subdivide:Subdivided
Listing Agent
- Contact info:
- No listing contact info available
Beds
-
Bedrooms Total:8
Baths
-
Total Baths:5.10
-
Total Baths:6
-
Full Baths:5
-
Half Baths:1
The Listing
-
Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/ntreis/20821997
Heating & Cooling
-
Heating:Central, Propane
-
Cooling:Central Air, Electric
Utilities
-
Utilities:Co-op Electric, Gravel/Rock, Septic, Well
Appliances
-
Appliances:Dishwasher, Electric Oven, Gas Cooktop
Schools
-
School District:Stephenville ISD
-
Elementary School:Central
-
Elementary School Name:Central
-
Jr High School Name:Stephenvil
-
Intermediate School Name:Gilbert
-
High School Name:Stephenvil
The Community
-
Subdivision Name:NA
-
Pool:Yes
-
Association Type:None
-
Complex Name:NA
Parking
-
Parking Features:Attached Carport, Common, Gravel
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
