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751 County Road 407, Stephenville, TX 76401
About this home
Great investment opportunity! Income producing horse property is now on the market in the Cowboy Capital of the World! Currently set up with 4 apartments each with 2 bedrooms and 2 baths, coin operated laundry room, 8 stalls all with runs and an arena. This property has 24.43 acres, plenty of room to expand and add on to best benefit your wants and needs. Located in the pastures is 2 tanks, sandy loam soil and plenty of lush green grass for grazing. Call today and come take a look, properties like this are rare and don't last long.
Redfin Estimate
Market trends in 76401, TX
Last updated September 2026
Buyer's Market
Seller's Market
Balanced market
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Provided by Redfin
Sale history for 751 County Road 407
$283/sq ft
Tax history for 751 County Road 407
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Has Open Parking
- Number Of Parking Spaces: 0
- Open Parking Spaces: 0
- Parking Features: Garage Faces Front, Open
Interior
- Virtual Tour
- Bathroom Information
- Bathrooms Full: 8
- Bedroom Information
- Bedrooms Total: 8
- Heating & Cooling
- Cooling: Central Air, Electric
- Heating: Central, Electric
- Interior Features
- Appliances: Dishwasher, Electric Oven, Electric Range
- Living Area: 2964.00
- Levels: One
- Flooring: Concrete
- Interior Features: Cable TV Available, Decorative Lighting, High Speed Internet Available
- Window Features: Window Coverings
Exterior
- Building Information
- Roof: Metal
- Construction Materials: Siding, Wood
- Foundation Details: Slab
- Exterior Features
- Exterior Features: Covered Porch(es), Stable/Barn
- Farm Information
- Horse Permitted YN: Yes
- Horse Amenities: Arena, Equestrian Center
- Lot Information
- Lot Features: Acreage, Few Trees, Interior Lot, Lrg. Backyard Grass, Pasture
- Lot Size Acres: 24.4300
- Lot Size Area: 24.4300
- Lot Size Square Feet: 1064170.8000
- Lot Size Units: Acres
- Parcel Number: R000016872
- RATIO List Price By Lot Size Acr: 34383.95415
- Will Subdivide: No
- Property Information
- Property Type: Residential Income
- Property Sub Type: Quadruplex
- Accessibility Features YN: No
- Property Attached YN: No
- Accessory Unit YN: Yes
- Multi Parcel IDYN: No
- Property Key: 48143|R000016872|1|140015736
- Property Match: APN
- US Property MUI: 409476480
- Building Information
- Building Area Total: 2964.00
- Building Area Source: Assessor
- Year Built: 2013
- Year Built Details: Preowned
- Smart Home Features Appor Pass Y: No
Financial
- Tax Information
- Tax Legal Description: ACRES: 24.430 A0142 CAMPBELL CATHERINE; APART
- Unexempt Taxes: 3279
- Financial Information
- Buyer Financing: Cash
- Capitalization Rate: 0.00
- Loan Type: Treat As Clear
- Second Mortgage YN: No
Utilities
- Utility Information
- Municipal Utility District YN: No
- Utilities: Dirt, Gravel/Rock, No City Services, Outside City Limits, Overhead Utilities, Well
- Energy Efficiency Features
- Green Energy Efficient: Waterheater
Location
- Multi-Unit Information
- Number Of Buildings: 4
- Number Of Units Total: 4
- Gross Annual Income: 0.00
- Gross Annual Expenses: 0.00
- Insurance Expense: 0
- Net Operation Income: 0
- HOA Information
- Association Type: None
- School Information
- Elementary School: Linglevill
- Elementary School Name: Linglevill
- High School: Linglevill
- High School Name: Linglevill
- Middle Or Junior School: Linglevill
- Middle School Name: Linglevill
- School District: Lingleville ISD
- Location Information
- County Or Parish: Erath
- Country: United States
- Directions: 751 CR 407 Stephenville, TX 76401
- Latitude: 32.27271100
- Longitude: -98.37751300
- Complex Name: Apartments
- Subdivision Name: Catherine Campbell Surv A-142
- Community Information
- Community Features: Horse Facilities, Perimeter Fencing
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: 24.43 acres
- Style: Other
- Year Built: 2013
- Year Renovated: —
- County: Erath County
- APN: R000016872
Other
- Documents & Disclosures
- Doc Box Num Mls Documents: 7
- Doc Box Num Private Documents: 0
- Doc Box Num Public Documents: 0
- Listing Information
- DOCBOX GUID: 0194C938-01F6-4FF5-80D4-87383C37F80C
- Doc Box Modification Timestamp: 2021-11-09T13:16:12.637
- Listing Agreement: Exclusive Right To Sell
- Listing Id: 14704022
- Listing Key Numeric: 161901238
- Listing Terms: Cash, Conventional, Other
- Mls Status: Closed
- Originating System Name: North Texas Real Estate Information Systems
- Photos Count: 32
- Possession: Closing/Funding
- Seller Contributions: 0
- Special Listing Conditions: Standard
- Special Notes: Aerial Photo, Survey Available
- Standard Status: Closed
- Third Party Assistance Program Y: No
- Listing Date Information
- Days On Market: 26
- Cumulative Days On Market: 26
- Close Date: 2022-01-13
- Purchase Contract Date: 2021-11-29
- Expiration Date Option: 2021-12-22
- Listing Contract Date: 2021-11-03
- Off Market Date: 2021-11-29
- Status Change Timestamp: 2022-01-14T08:39:45.453
- Listing Price Information
- Original List Price: 840000.00
- List Price: 840000.00
- RATIO Close Price By Lot Size Ac: 31518.62464
- RATIO Current Price By Lot Size: 31518.62464
Around this home
Schools
Public PreK-12 • Assigned • 2.4mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
27% chance of being in a wildfire in next 30 years
7 days above 105° expected this year, 22 days in 30 years
27% chance of strong winds in next 30 years
0 unhealthy days expected this year, 0 days in 30 years
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
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