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Cowboy Corner 8441 County Road 176 10 Unit Apartment Building $3,028,366 CAD ($302,837 CAD/Unit) Stephenville, TX 76401
Executive Summary
Prime investment opportunity in Stephenville, the Cowboy Capital of the World and home to rodeo collegiate powerhouse, Tarleton State University. This fully occupied, income-producing property offers a rare mix of residential and equine amenities, including 10 apartments , 8 RV hookups , 20 horse stalls with runs , 15 covered pens , and 4 large traps . A key highlight is the on-site roping arena , adding a distinctive value feature for tenants and equine users. Located directly across from the popular 377 Arena , the property benefits from strong visibility and immediate connection to Stephenvilles active horse community. With Tarleton State Universitys growing enrollment contributing to a local housing shortage , this property presents meaningful upside potential for rent increases across both the apartments and equine facilities. An exceptional chance to invest in a high-demand asset with multiple income streams and future growth.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $3,028,366 CAD | Building Class | C |
| Price Per Unit | $302,837 CAD | Lot Size | 6.11 AC |
| Sale Type | Investment | Building Size | 6,098 SF |
| No. Units | 10 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2011 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | C - Commercial | ||
| Price | $3,028,366 CAD |
| Price Per Unit | $302,837 CAD |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 6.11 AC |
| Building Size | 6,098 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2011 |
| Opportunity Zone |
Yes |
| Zoning | C - Commercial |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Range
Site Amenities
- Laundry Service
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+1 | 8 | - | - |
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | R000018742 | Improvements Assessment | $874,829 CAD |
| Land Assessment | $282,095 CAD | Total Assessment | $1,156,924 CAD |
Property Taxes
Parcel Number
R000018742
Land Assessment
$282,095 CAD
Improvements Assessment
$874,829 CAD
Total Assessment
$1,156,924 CAD
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Cowboy Corner | 8441 County Road 176
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