This beautiful income producing property is available for the first time and ready for a new owner to expand on its potential. The property fronts paved county road 392, with additional frontage on CR 383, just south of Lingleville, west of Stephenville, and North of Dublin in the productive cattle… Read More and horse country. Highlights of this multi-dimensional ranch include a 3,200 sqft custom home, 1,800 sqft guest house, 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, 20+ horse stalls and loafing sheds, 19 turnouts, and lighted arena. The ranch is complete with cattle working pens, 60x100' hay barn, equipment barn, and workshop with hydraulic lift. Additionally, there are multiple ponds, a swimming area with slide, rope swing and zip line. Do you fly? This ranch has a private 1,500 ft. airstrip to conveniently fly in and out with ease. There are multiple opportunities to consider with this unique property. As a family ranch, it is one of the nicest around. As an investment, it offers cashflow to offset the cost of the ranch. **The sellers WOULD SELL JUST The Rental houses and 17 acres alone. Contact our team for additional information and details. A full packet is available upon request to Brokers, Agents and qualified buyers. Read Less
Courtesy of Keller Williams Brazos West, Kasey Mock.
Listing Snapshot
Days Online
61
Last Updated
Property Type
Other
Square Ft.
20,000
Lot Size
93.5 Acres
Year Built
1985
MLS Number
20955350
Additional Details
Building
Built in 1985, Construction materials: StoneVeneer, SeeRemarks, Levels: MultiSplit, 13 buildings, Toal building area: 20000
Cooling
CentralAir
Expenses
Insurance: $2,500
Fence
CrossFenced, Perimeter
Floors
SeeRemarks
Heating
Central
Income
Gross income: $159,600, Net operating income: $135,600
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor website owner shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Listing data last updated: Eastern
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