Located in the heart of a vibrant college town and just walking distance to campus, this 3 bedroom, 2 bath home offers incredible versatility....whether you’re looking for a high-demand student rental or a charming primary residence. Situated on an oversized .248-acre lot, the property provides ample outdoor space with room to expand, entertain, or simply enjoy added privacy. Inside, the inviting living room features a wood-burning fireplace accented by beautiful exposed wood beams, creating warmth and character the moment you walk in. The home boasts luxury vinyl plank flooring for durability and style, along with an updated kitchen designed to meet your needs while maintaining functionality for everyday living. A standout feature is the attached carport with breezeway, leading to a versatile bonus area that could serve as additional living quarters, a private office, game room, or generous storage space that offers flexibility for homeowners or as added rental appeal. With its unbeatable location, spacious lot, and income-producing potential, this property is a rare opportunity in a high demand area. Whether you’re expanding your investment portfolio or searching for a place to settle near campus, this home checks all the boxes. Property is being sold AS IS.
NEWLY REHABBED!!! All new flooring, updated kitchen and re-finished master suite. Come grab this family home. before it's GONE! Extra guest quarters attached with the carport and walking distance to the college campus. As-Is listing. No survey on file.
Public Records
Aug 11, 2023
Sold
*
NTREIS #20387355
Aug 10, 2023
Listing Removed
—
Aug 3, 2023
Price Changed
$175,000
$105/sq ft
Jul 21, 2023
Listed
$195,000
$117/sq ft
Public Records
Dec 21, 2017
Sold
*
NTREIS #13703477
Dec 21, 2017
Sold
*
Nov 27, 2017
Contingent
—
Sep 29, 2017
Listed
$95,000
$57/sq ft
NTREIS #13048717
Feb 3, 2015
Listing Removed
—
Nov 5, 2014
Listed
$92,500
$55/sq ft
NTREIS #11777409
Jul 24, 2012
Listing Removed
—
May 21, 2012
Listed
$85,000
$51/sq ft
NTREIS #11572889
Jul 22, 2011
Listing Removed
—
Apr 5, 2011
Listed
$84,500
$51/sq ft
Public Records
May 17, 2007
Sold
*
Public Records
May 17, 2007
Sold
*
Public Records
May 17, 2007
Sold
*
NTREIS #10741023
Apr 13, 2007
Listing Removed
—
Mar 22, 2007
Listed
$76,500
$46/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,662 (−0.4%)
$40,000 + $178,670
$218,670
2024
$3,676 (+55.1%)
$40,000 + $171,230
$211,230
2023
$2,370 (−0.7%)
2022
$2,386 (+3.9%)
2021
$2,297 (+4.6%)
$16,000 + $94,520
$110,520
2020
$2,197 (−3.0%)
$16,000 + $87,090
$103,090
2019
$2,263 (+8.8%)
$16,000 + $81,300
$97,300
2018
$2,081 (+10.7%)
$16,000 + $75,530
$91,530
2017
$1,879 (+8.1%)
$14,410 + $70,780
$85,190
2016
$1,738
$14,410 + $70,780
$85,190
2015
$1,739 (+0.6%)
$11,140 + $67,680
$78,820
2014
$1,729
$11,140 + $67,680
$78,820
Public record
Beds
—
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
10,803 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,672
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,672
Year built
1977
Style
Single Family Residential
County
Erath County
APN
R000031076
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 17, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
7/10 Fire Factor
15% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 105° expected this year, 22 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Stephenville, TX • 76401
Average low and high temperatures (°F)
56
34
67
41
78
52
78
58
83
62
91
72
91
71
95
73
88
66
85
59
73
49
65
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
95/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.4 hrs
7.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 505 Alexander Rd
$217,471
$1,529 under list price of $219K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $225K to $369K.