Share This Listing

Message

918 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • established 100% occupancy

Executive Summary

This turnkey income producing rental property is now available with a NEW configuration and NEW Pricing to fit more Buyers. As of April, 2026 the property is 100% occupied, with gross rental income of $148,000 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 10 rental units with an established seven figure rental income and full occupancy. Rentals consist of five double-wides, four single-wides, and one RV spot. 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 $251,653 $24,551.52
Other Income - -
Vacancy Loss - -
Effective Gross Income $251,653 $24,551.52
Net Operating Income - -

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $251,653
Annual Per AC $24,551.52
Other Income (CAD)
Annual -
Annual Per AC -
Vacancy Loss (CAD)
Annual -
Annual Per AC -
Effective Gross Income (CAD)
Annual $251,653
Annual Per AC $24,551.52
Net Operating Income (CAD)
Annual -
Annual Per AC -

Property Facts

Price $1,914,752 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 10.25 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $1,914,752 CAD
Price Per AC $186,805.07 CAD
Lot Size 10.25 AC

This turnkey income producing rental property is now available with a NEW configuration and NEW Pricing to fit more Buyers. As of April, 2026 the property is 100% occupied, with gross rental income of $148,000 per year.

Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
R000069087
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,216 CAD
  • Listing ID: 36180631

  • Date on Market: 2025-06-10

  • Last Updated:

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

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}