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5855 County Road 392 - Cashflow Rental Portfolio on 17 acres 17.5 Acres of Residential Land Offered at $2,765,000 CAD in Stephenville, TX 76401



INVESTMENT HIGHLIGHTS
- established 100% occupancy
EXECUTIVE SUMMARY
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL (CAD) | ANNUAL PER AC (CAD) |
|---|---|---|
| Gross Rental Income |
$254,380
|
$14,536.00
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$254,380
|
$14,536.00
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $254,380 |
| Annual Per AC | $14,536.00 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $254,380 |
| Annual Per AC | $14,536.00 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
PROPERTY FACTS
| Price | $2,765,000 CAD | Property Subtype | Residential |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 17.50 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | $2,765,000 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 17.50 AC |
| Opportunity Zone |
Yes |
1 LOT AVAILABLE
Lot
| Price | $2,765,000 CAD | Lot Size | 17.50 AC |
| Price Per AC | $158,000.01 CAD |
| Price | $2,765,000 CAD |
| Price Per AC | $158,000.01 CAD |
| Lot Size | 17.50 AC |
Paved frontage and well maintained. This is an established, investment grade rental portfolio with 11 single family rental units, an established seven figure rental income, and horse facilities.
DESCRIPTION
Turnkey income producing rental property now available for the first time and ready for a new owner to expand on its potential. The property fronts paved county road 392, just south of Lingleville, west of Stephenville, and North of Dublin in the productive cattle and horse country. Highlights of this multi-dimensional property include a 11 rental units with an established seven figure rental income and full occupancy. Rentals consist of five double-wides, four single-wides, and a set of duplexes. The mobile homes have been very well cared for, updated and maintained regularly, and currently being re-sided with matching metal. Horse facilities consist of 20+ horse stalls and loafing sheds, 19 turnouts, and lighted arena. Contact our team for additional information and details. A full packet is available upon request to Brokers, Agents and qualified buyers. Showing Instructions: This property is marketed and shown exclusively by The Mock Ranches Group, a team with Keller Williams Realty. Please contact 512-275-6625 for showing information. All appointments must be made with the listing broker and be accompanied. Notice to Buyers Agents: Buyer agents must make first contact and be present for all showings. 3% BAC Cooperation available to qualifying Brokers. Disclaimers: The information contained herein has been gathered from sources deemed reliable; however, the Mock Ranches Group, Keller Williams Realty and its associates, members, agents and employees cannot guarantee the accuracy of such information. No representation is made as to the possible investment value or type of use. Prospective buyers are urged to verify all information to their satisfaction and consult with their tax and legal advisors before making a final determination. Real Estate buyers are hereby notified that properties in the States of Texas are subject to many forces and impacts, natural and unnatural; including, but not limited to weather related events, environmental issues, disease (e.g. Oak Wilt, Chronic Wasting Disease, or Anthrax), invasive species, illegal trespassing, previous owner actions, actions by neighbors and government actions. Prospective buyers should investigate any concerns to their satisfaction.
PROPERTY TAXES
| Parcel Number | R000069087 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $2,274 CAD |
PROPERTY TAXES
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5855 County Road 392 - Cashflow Rental Portfolio on 17 acres
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