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130, 132 Clark Ln, Stephenville
$880,000
7 Beds ⋅ 6 Baths ⋅ 21416367 MLS
INVESTMENT OPPORTUNITY AT 130 & 132 CLARK LANE Exceptional opportunity to acquire an income-producing duplex in The Terraces at Clark Lane in Stephenville, Texas. Built in 2025, this tenant-occupied investment property generates $6,850 in combined monthly rental income, totaling $82,200 in annual gross scheduled rent. IN-PLACE RENTAL INCOME 130 Clark Lane: $3,350 per month, Unfurnished, Lease expiration: 5-14-2027 132 Clark Lane: $3,500 per month, Furnished, Lease expiration: 7-31-2028 Combined Monthly Rental Income: $6,850 Annual Gross Scheduled Rental Income: $82,200 Annual Net Operating Income: $58,832 Located near Tarleton State University, this property offers investors access to Stephenville's university-oriented rental market, with potential demand from students seeking off-campus housing and university faculty and staff. Its location provides an opportunity to invest in a market supported by the presence of an established university and its surrounding community. Built in 2025, the property offers approximately 4,350 square feet combined, with each unit featuring an open floor plan, double sinks in all full bathrooms, a fenced back porch, and a two-car garage. Unit 132 is furnished, offering flexibility for furnished rental strategies, while Unit 130 is leased unfurnished. 130 and 132 Clark Lane are being offered together as one investment property and will not be sold separately. Buyers should independently verify lease terms, rental income, operating expenses, and other property-related expenses during due diligence.

130, 132 Clark Ln, Stephenville
537 Galt Dr, Stephenville
$305,000
3 Beds ⋅ 3 Baths ⋅ 21401216 MLS
Introducing Tarleton Crossings Discover Tarleton Crossings beautiful luxury townhomes located a short distance to Tarleton State University, restaurants and entertainment. Tarleton Crossings offer a maintenance free lifestyle with fully sodded yards shrubbery and sprinkler system all maintained by the HOA. These beautiful townhomes are boasting with 9 ft. ceilings on the first and second floor, beautiful shaker style soft close cabinets with stone counter tops on the first floor with undermounted sink, stainless steel appliances and built in microwave. Note photos reflect layout of kitchen with white cabinets however the cabinets in this unit are expresso not white. Decorative light fixtures and canned lighting according to residence plan. Step outside to your own peaceful sitting area on a 10 x 10 concrete patio with decorative fencing 15 feet from the back of the residence. Tarleton Crossings are great for families, students, long and short term rentals.

537 Galt Dr, Stephenville
120 Clark Ln, Stephenville
$449,000
3 Beds ⋅ 4 Baths ⋅ 21386345 MLS
Highly desirable new build at The Terraces at Clark Lane Townhomes in Stephenville, offering modern living with excellent flexibility as a personal residence or investment property. Other residences within the development provide strong rental benchmarks, with short-term rentals generating up to approximately $5,000 per month and long-term rentals achieving approximately $3,500 per month. These figures are benchmarks from other properties and are not current income for this home. This thoughtfully designed townhome features three bedrooms, three full bathrooms, a dedicated office that could be converted into a fourth bedroom if desired, an open-concept living area, and a two-car garage. The private rooftop deck is a standout feature, providing an ideal space for entertaining or enjoying the Texas evenings. Conveniently located near Tarleton State University, downtown Stephenville, shopping and dining, this property offers modern construction, desirable amenities and the flexibility to make it your home or pursue a short- or long-term rental strategy.

120 Clark Ln, Stephenville
315 State Ave, Stephenville
$750,000
3 Beds ⋅ 2 Baths ⋅ 21274930 MLS
Set in a quiet area only two miles west of Stephenville, Wright Way Ranch offers small-town living with country charm. This home features a practical layout and room to make it your own. The home sits on a beautiful hilltop where the view of the Texas sunrises can't be beat, all while being just minutes from an abundance of shopping and dining, as well as the much desired Tarleton State University.

315 State Ave, Stephenville
6360 County Road 180, Stephenville
$2,150,000
3 Beds ⋅ 3 Baths ⋅ 21261984 MLS
Set on approximately ±30 acres with a gated entrance just outside of Stephenville, this 2023-built property blends modern living with functional land use. The 3-bedroom, 2.5-bath home features beautiful stucco and stone walls, a durable composition roof, and a clean, open layout with comfortable living spaces and kitchen. The house and garage are completely insulated with spray foam. An attached oversized garage offers plenty of room for a four-door dually pickup and everyday convenience, while additional features including a generator, water purifier system, and safe room provide added comfort and peace of mind. Ideal for livestock or horses, the land features sandy loam soil, mature oak and pecan trees, and is cross-fenced, and 2 and seven eighths pipe with no climb wire for easy pasture management. A barn and tack room, which could easily function as a shop or extra garage space, offers flexibility for equipment, hobbies, or future expansion. A tank adds both practicality and scenic appeal, serving as a water source and focal point for the property. Whether you’re looking to run livestock, enjoy wide-open space, or settle into a newer home with room to grow, this property delivers the perfect balance of comfort, function, and Texas countryside living.

6360 County Road 180, Stephenville

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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