Address
561 S Second Avenue, Stephenville, TX
Price
$ 1,800,873
Property Attributes
- MLS#20581363
- TypeMulti-Family
- CountyERATH
- CityStephenville
- NeighborhoodRichland Terrace Add
- Zip76401
- StyleMultiple Single Units
- Year Built2021
- Taxes$ 16574
- Price$ 1,800,873
- Bedrooms15
- Full Bathrooms15
- Half Bathrooms0
- Lot Size0.372 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Completed in 2021, this ensemble of five townhomes embodies elegance and convenience just a stone's throw from Tarleton University. Each spacious 3-bed, 3-bath unit unfolds into an open-concept realm, blending the living, dining, and gourmet kitchen space adorned with sleek stainless steel appliances and pristine granite countertops. Stained concrete graces the ground floor, while the upper echelons showcase chic wood-like vinyl. While some units could house families, the option to rent rooms individually offers flexibility. Every townhome boasts a cozy backyard and covered porch—idyllic for pets and relaxation. Nestled in a serene neighborhood ideal for leisurely walks, this property emerges as a captivating investment, melding university proximity with modern allure. This property has been 100% occupied even with rent increases due to the lack of housing in Stephenville. The location that this one has to the university ensures it's popularity.
| Elementary School |
|---|
| Central Elementary School |
| Price History | |
|---|---|
| 4/7/2024 | Listed $1,800,873 |
General Features
| Heating | Central |
|---|---|
| Complex Name | 561 S Second Street |
| Cooling | Central Air |
| Utilities | City Sewer,City Water,Electricity Connected |
| Possession | Subject to Lease |
| Roof | Composition |
| Appliances | Dishwasher,Disposal,Dryer,Electric Range,Electric Water Heater,Microwave,Refrigerator,Washer,Other |
| School District | Stephenville ISD |
| Capitalization Rate | 0.00 |
| Year Built | 2021 |
| Tenancy | 6 Months or Less |
| Levels | Two |
| Unexempt Taxes | 16574 |
| Will Subdivide | No |
| Gross Annual Expenses | 0.00 |
| Property SubType | Multiple Single Units |
| Subdivision Name | Richland Terrace Add |
| Occupant Type | Tenant |
| County | Erath |
| Property Type | Residential Income |
| Construction Materials | Frame,Stone Veneer,Wood |
| Year Built Details | Preowned |
| HOA Type | None |
| # of Buildings | 1 |
| Status | Active |
| Directions | From Lillian turn East on Cage and then North on S 2nd. |
| City | Stephenville |
| Buyer Agent Compensation | 3 |
| Elementary School Name | Central |
| High School | Stephenvil |
| Street Name | Second |
| Elementary School | Central |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20581363 |
| Standard Status | Active |
| Junior High School | Stephenvil |
| Buyer Agent Compensation Type | % |
Interior Features
| Interior Features | Granite Counters,Open Floorplan |
|---|---|
| Flooring | Concrete,Laminate |
| Total Units | 5 |
| Unit Count | 5 |
| Full Baths | 15 |
| Lock Box Type | None |
| Street Suffix | Avenue |
| Total Bedrooms | 15 |
Exterior Features
| Parking Features | Common,Concrete,Off Street |
|---|---|
| Foundation | Slab |
| Lot Size Area | 0.3720 |
| Number Of Parking Spaces | 15 |
| Lot Size Units | Acres |
| Building Area Total | 0.00 |
| Lot Size Square Feet | 16204.3200 |
| Lot Size Acres | 0.3720 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 76401
Price
Taxes
Visits
Year Built
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