Turnkey investment opportunity in an established neighborhood just minutes from Tarleton State University. This 3-bedroom, 2-bath brick home is currently leased at $2,100 per month through May 31, 2027, offering immediate and reliable cash flow. The property features a durable brick exterior and a functional layout that appeals to long-term tenants, while its proximity to Tarleton State—an expanding Division I university with growing enrollment— supports strong and consistent rental demand. Located in a community with a small HOA that covers front lawn maintenance, this home offers added convenience and reduced upkeep, making it an attractive low-maintenance addition to any portfolio. A solid opportunity for investors seeking stable income, minimal maintenance, and long-term growth potential in a high-demand rental market.
Property Details
- Interior
- Built In Features, Decorative Designer Lighting Fixtures, Eat In Kitchen, Cable Tv
- Cooling
- 1
- Heating
- Central, Electric
- Cooling Features
- Central Air, Ceiling Fans, Electric
- Bedrooms
- 3
- Bathrooms
- 2.0
- Full Baths
- 2
- Lot Features
- Interior Lot
- Lot Description
- Interior Lot
- Acres
- 0.0
- Lot Size (sqft)
- 0.104
- Parking Features
- Garage Faces Front, Garage
- Parking
- 1
- Parking Spaces
- 2.0
- Parking Type
- Garage
- Parking Garage Spaces
- 2.0
- Property Type
- Multi-Family
- Year Built
- 1998
- Foundation
- Slab
- Roof
- Composition
- Sewer Information
- Public Sewer
- Utility Source
- Public
- Utility Features
- Sewer Available, Water Available, Cable Available
- Appliances
- Electric Range
- Subdivision
- One Garden Place
- School District
- Stephenville ISD
- Elementary School
- Chamberlai
- Middle School
- Gilbert,Stephenvil
- High School
- Stephenvil
- County
- Erath
- Region
- Stephenville
- Days on Market (Cumulative)
- 135
- Taxes Annual
- $4,532
- HOA
- 1
- HOA Fees
- 45.0
Location
Legal
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Provided By
Listed by Eric Hayden (#0606910)
Listing Office: Ebby Halliday Realtors (#EBBY00SV)
