Listing provided courtesy of Keller Williams Heritage West- MLS# 21130971MLS ProviderContact Information: Lane Cooper - 417-331-9125

120 Bunkhouse RoadStephenville, TX 76401

Multi-Family · 36 Beds · 26 Full Baths · 15,090 Sq. ft. | 6.26 Acres
$3,999,999 Active

120 Bunkhouse Road Overview

Visits:
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Welcome to 3D Bunkhouse, a rare investment opportunity in the heart of Stephenville—widely known as the Cowboy Capital of the World and home to the thriving TSU community. This unique multifamily property combines residential living, short-term rental income, and equine-focused amenities, making it an exceptionally versatile asset in one of Texas’s most sought-after rodeo and university markets. Located just over an hour from the Dallas–Fort Worth Metroplex, Stephenville offers the charm of a small Texas town with the steady energy and demand generated by TSU students, faculty, rodeo athletes, and traveling competitors. This strong tenant base creates consistent occupancy and long-term investment security. Community & Amenities 3D Bunkhouse is designed to accommodate a wide range of residents and guests. The property features full RV hookups ideal for short-term visitors, rodeo travelers, and event participants. On-site conveniences include a laundry facility, snack station, and secure mail delivery for tenants. The property also offers multiple income-producing amenities, including established short-term rental units, large fully covered horse stalls, storage units, and premium equestrian facilities. Riders and competitors benefit from a 150' x 200' outdoor roping and riding arena, a 60' round pen, and a concrete tie wash area, creating a highly attractive environment for those involved in the equine and rodeo industries.

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120 Bunkhouse Road Facts & Features

  • Type Multi-Family
  • Sq. ft. 15,090
  • Price/Sq.ft. $265
  • Lot 6.26 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Stephenville ISD
  • Elementary School: Central
  • Middle Or Junior School: Stephenvil
  • High School: Stephenvil

Income/Expenses

  • Gross Income: 552000.0
  • Insurance Expense: 20000.0
  • Net Operating Income: 487975.0

Building Information

  • Year Built: 2015
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Erath
  • Postal City: STEPHENVILLE
  • Subdivision Name: NA

Tax Information

  • Tax Annual Amount: 35279.0

General Information

  • Listing Terms: Conventional,1031 Exchange
  • Parcel Number: R000075446
  • Property Sub Type: Apartment
  • Property Type: Residential Income

Interior

Beds/Baths

  • Bathrooms Full: 26
  • Bathrooms Half: 0
  • Bathrooms Total: 26
  • Bedrooms Total: 36

Building Interior

  • Building Area Source: Owner
  • Building Area Total: 15090.0

General Information

  • Appliances: Dishwasher
  • Flooring: Painted/Stained
  • Foundation Details: Slab
  • Interior Features: Open Floorplan
  • Levels: One
  • Living Area: 15090.0
  • Stories: 1

Exterior

Parking Information

  • Parking Features: On Site
  • Parking Total: 36.0

Lot Information

  • Lot Size Acres: 6.261
  • Lot Size Area: 6.261
  • Lot Size Square Feet: 272729.16
  • Lot Size Units: Acres
  • Number Of Buildings: 6
  • Water Source: Well

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Aluminum Siding
  • Roof: Metal

General Information

  • Number Of Units Total: 18
  • Pool Features: None
  • Sewer: Septic Tank
  • Utilities: Septic Available,Water Available

Unit Information

Unit 1 Details

  • Unit Type: 2 Bedroom
  • Units Total: 8

Unit 2 Details

  • Unit Type: 2 Bedroom
  • Units Total: 8

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

120 Bunkhouse Road Market Data

Based on the last 30 days in this zip code

$634,035
Average List Price
$298
Average Price per Square Foot
34
Properties Sold
125
Average Days on Market
209
Properties for Sale
Calculations provided by Reliance Network


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