Property Attributes
- MLS#20581185
- TypeContingent
- CountyERATH
- CityStephenville
- NeighborhoodSouth Side Add
- Zip76401
- StyleMultiple Single Units
- Year Built2022
- Taxes$ 10726
- Price$ 2,673,000
- Bedrooms27
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.993 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Newly built in summer 2023, this collection of nine townhomes offers a modern living experience close to Tarleton University. Each 3-bed, 3-bath unit boasts an open-concept living, dining, and kitchen area with stainless steel appliances and granite countertops. The ground floor is accentuated with durable stained concrete, while the upper rooms and laundry area feature wood-like vinyl flooring. Primarily rented by individual room, each townhome has a private backyard and covered porch, ideal for pets. Located in a peaceful neighborhood perfect for walks and runs, it presents a prime investment with its proximity to university life and contemporary design. This property has been 100% occupied even with rent increases due to the lack of housing in Stephenville. The location that this one has to the university ensures it's popularity.
Elementary School |
---|
Central Elementary School |
Price History | |
---|---|
4/6/2024 | Listed $2,673,000 |
General Features
Heating | Central,Electric |
---|---|
Complex Name | Garrett Court |
Cooling | Central Air,Electric |
Utilities | City Sewer,City Water,Electricity Connected |
Possession | Negotiable |
Roof | Composition |
Appliances | Dishwasher,Disposal,Electric Range,Electric Water Heater,Microwave,Refrigerator,Washer |
School District | Stephenville ISD |
Capitalization Rate | 5.98 |
Year Built | 2022 |
Tenancy | 6 Months or Less,No Smoking |
Levels | Two |
Unexempt Taxes | 10726 |
Will Subdivide | No |
Gross Annual Expenses | 81600.00 |
Property SubType | Multiple Single Units |
Subdivision Name | South Side Add |
Insurance Expense | 11000 |
County | Erath |
Property Type | Residential Income |
Construction Materials | Frame,Stone Veneer,Wood |
Year Built Details | Preowned |
HOA Type | None |
# of Buildings | 1 |
Status | Active Option Contract |
Directions | From Lillian go West on Long and turn left on 5th. The townhomes are at the corner of 5th and Swan. |
City | Stephenville |
Buyer Agent Compensation | 3 |
Elementary School Name | Central |
High School | Stephenvil |
Street Name | Garrett |
Elementary School | Central |
Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20581185 |
Standard Status | Active Under Contract |
Junior High School | Stephenvil |
Buyer Agent Compensation Type | % |
Interior Features
Interior Features | Granite Counters,Open Floorplan,Other |
---|---|
Flooring | Concrete,Laminate |
Total Units | 9 |
Unit Count | 9 |
Lock Box Type | None |
Street Suffix | Court |
Total Bedrooms | 27 |
Exterior Features
Parking Features | Common,Concrete |
---|---|
Foundation | Slab |
Lot Size Area | 0.9930 |
Number Of Parking Spaces | 28 |
Lot Size Units | Acres |
Building Area Total | 0.00 |
Lot Size Square Feet | 43255.0800 |
Lot Size Acres | 0.9930 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool