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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

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INVESTMENT HIGHLIGHTS

  • established 100% occupancy

EXECUTIVE SUMMARY

Turnkey income producing rental property now available for the first time and ready for a new owner to expand on its potential. As of August, 2025 the property is 100% occupied, with gross rental income of $184,000 per year. The property fronts paved county road 392, just south of Lingleville, west of Stephenville, and North of Dublin Close to Tarleton State University. 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 recently re-sided with matching sheet 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.

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
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Manufactured Homes or Mobile Home Park
  • Single Family Development
  • Trailer or Camper Park
  • Agribusiness
  • Pasture Ranch
  • Single Family Residence
Total Lot Size 17.50 AC
Opportunity Zone Yes

1 LOT AVAILABLE

Lot

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

PROPERTY TAXES

Parcel Number
R000069087
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,274 CAD
  • Listing ID: 36180631

  • Date on Market: 2025-06-10

  • Last Updated:

  • Address: 5855 County Road 392, Stephenville, TX 76401

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