101 E Riverside Drive, Stephenville, Texas 76401

TX, Stephenville
$1,980,000
  • 18 Beds
  • 18 Bath
  • 1.04 Acre
  • Residential Income Property Type
  • 2015 Year Built
  • Expired Status
Brian Norvell
Brian Norvell Norvell & Co Real Estate
  • +1 214 991 0368
  • NorvellRealEstate@gmail.com
Property Description

GREAT INVESTMENT PROPERTY! Here is a fully occupied 11-unit apartment complex with 7 units that are 2 bedrooms, 1.5 baths and 4 units that are 1 bedrooms, 1 bath giving you a total of 11 units. With Tarleton State University growing and now a D1 school this would be a great rental property for an investor, a property management company, or buyers looking for a high-performance investment. This complex was built in 2015, and it has central heat and air, electric appliances, and is well maintained ensuring high demand and low vacancy rates. There are 18 parking spaces however some of the spaces are extremely long for even more parking space. This upscale townhome complex is within walking distance to the Stephenville city park and downtown Stephenville making the location even more desirable. Call for your appointment today! Need a 24 hour notice to show.

Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 20777071
  • Price: $1,980,000
  • Bedrooms: 18
  • Bathrooms: 18
  • Half Bathrooms: 7
  • Year Built: 2015
  • Lot Area: 1.04 Acre
  • Listing Status: Expired
  • Office Name: LARINDA RAY REALTY TEAM
  • Agent Name: Larinda Ray
  • Full Bathrooms: 11
  • Property Sub Type: Apartment
  • Roof: Composition
Features
  • Swimming Pool None
  • Heating System Central,Electric
  • Cooling System Central Air,Electric
  • Fence Wood,Back Yard,Chain Link
  • Patio Rear Porch
  • Parking Parking Lot,On Site,Concrete,Open
  • Utilities Cable Available,Sewer Available,Water Available,Electricity Connected,Separate Meters
  • Exterior Features Private Yard
  • Flooring Tile,Laminate
  • Interior Features Eat-in Kitchen,High Speed Internet,Pantry,Built-in Features,Granite Counters,Decorative/Designer Lighting Fixtures,Cable TV
  • Sewer Public Sewer
Appliances
  • Microwave
  • Electric Range
Address Map
  • Country US
  • State TX
  • County Erath
  • City Stephenville
  • Zipcode 76401
  • Street: Riverside
  • Street Number: 101
  • Street Suffix: Drive
  • Directions: 101 Riverside Stephenville, TX 76401
  • Street Dir Prefix: E
Neighborhood
  • Elementary School: Central
  • Elementary School District: Stephenville ISD
  • High School: Stephenvil
  • High School District: Stephenville ISD
Additional Information
  • Virtual Tour: https://www.propertypanorama.com/instaview/ntreis/20777071
  • Building Size: 8750
  • Construction Materials: Brick
  • Foundation Details: Slab
  • Levels: Two
  • Lot Features: Cleared
  • Lot Size Dimensions: 1.041 acres
  • Number Of Units Total: 11
Financial
  • Tax Annual Amount: 15726.0
Listing Information
  • List Agent Mls Id: 0275901
  • List Office Mls Id: LRRT00SV
  • Listing Term: Cash, Conventional
  • Mls Status: Expired
  • Modification Timestamp: 2025-05-09T05:11:15Z
  • Originating System Name: NTR
  • Status Change Timestamp: 2025-05-09T00:10:40Z
MLS On The Fly

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