USATXStephenvilleThe Terraces of Clark Lane130

130, 132 Clark Lane, Stephenville, TX

Name: 130, 132 Clark Lane, For Sale in Stephenville - Zoocasa
Brand: Keller Williams Frisco Stars
SKU: 21416367
Price: 880000 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$880,000

768

MLS® 21416367

Overview

Key Facts

Type Duplex

Levels Residential Income

Size 4850 sqft

Garage Yes

Taxes

Days Active 0

Lot Size 0.11999999731779099 Acres

Approx. Age 2025

Avg. Price Per Sqft $181

MLS® Number 21416367

Property Address: 130, 132 Clark Lane, Stephenville, TX, 76401

Average square foot calculated using Size range provided by listing agent.

Description

INVESTMENT OPPORTUNITY AT 130 & 132 CLARK LANE Exceptional opportunity to acquire an income-producing duplex in The Terraces at Clark Lane in Stephenville, Texas. Built in 2025, this tenant-occupied investment property generates $6, 850 in combined monthly rental income, totaling $82, 200 in annual gross scheduled rent. IN-PLACE RENTAL INCOME 130 Clark Lane: $3, 350 per month, Unfurnished, Lease expiration: 5-14-2027 132 Clark Lane: $3, 500 per month, Furnished, Lease expiration: 7-31-2028 Combined Monthly Rental Income: $6, 850 Annual Gross Scheduled Rental Income: $82, 200 Annual Net Operating Income: $58, 832 Located near Tarleton State University, this property offers investors access to Stephenville's university-oriented rental market, with potential demand from students seeking off-campus housing and university faculty and staff. Its location provides an opportunity to invest in a market supported by the presence of an established university and its surrounding community. Built in 2025, the property offers approximately 4, 350 square feet combined, with each unit featuring an open floor plan, double sinks in all full bathrooms, a fenced back porch, and a two-car garage. Unit 132 is furnished, offering flexibility for furnished rental strategies, while Unit 130 is leased unfurnished. 130 and 132 Clark Lane are being offered together as one investment property and will not be sold separately. Buyers should independently verify lease terms, rental income, operating expenses, and other property-related expenses during due diligence.

MLS® Number21416367

Laundry Level

Central VacNo

FireplaceNo

Acreage0.12

Exterior

GarageYes

Approx. Age2025

Basement

DrivewayDoor Multi, Driveway, Garage Faces Front, Garage, Inside Entrance, Paved

Garage Spaces4

HeatElectric

A/CCentral Air, Ceiling Fans

Extras

Map

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