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About This Home

This 0-bedroom, 0-bathroom commercial at 1092 W Tarleton Street in Stephenville, TX is listed for $985,000. Built in 1895, on a 0.36 acres lot.

Agent Description

Investors welcome! This beautiful hotel, located on a corner LOT, only half block from Tarleton State University is an asset gain in itslef and with a TURN KEY Commercial HOTEL, it makes it one to condiser. The Gallery House Boutique Hotel, opened for business in September 2020 and well received for six years running! This Craftsman Home, built in 1895, took two years to restore and convert into a Hotel.

Located half block from TSU and with room to expand. Featuring four private rentable rooms, elegantly designed and all with modern conveniences. Zoned Mini splits in every room, smart T.V., microwave, mini fridge, custom showers, hardwood floors throughout. Hotel features 10 foot ceilings with re-claimed vintage stamped tin in all three downstairs KING rooms, each with a different design. Five original fireplaces, Commercial gas tankless water heater, externally mounted, along with professional water softner system which protect fixtures, shower doors and appliances. Grounds include, a detached office studio with private bath and zoned heating and air, custom rock patios, sidewalks, courtyards and native landscaping. An asphalt parking lot with an ADA concrete slap provides safe parking off the street, with a designated Entrance and Exit. An ADA cement ramp with railing, plus steps from parking lot lead guest to our beautiful wrap around porch to access Hotel. Property has room to build Phase II if desired, which would include the addition of three rental units on one foundation. Sewer tap in place and parking lot built with 14 spaces to accomodate future expansion. The Gallery House has excellent reviews, repeat guest, local business, corporate travel, sub-contractors and transient weekend buisness. The Gallery House has an establised website capturing majority of reservations. Walking distance to TSU, Historic Downtown, and Hospital district. Property is an asset gain as Tarleton State University grows expenditually in all directions.

Key Features

  • Built in 1895
  • 0.36 acre lot

Property Details

1895

Amenities

Hardwood

Monthly Cost Estimate

$5,268/mo

20% down · 6.5% · 30 years

Principal$712
Interest$4,268
Insurance$287

Estimates only. Actual payments may vary.

Location

1092 W Tarleton Street

Stephenville, TX 76401

Park Place Add

Property Details

Flooring

Hardwood

Construction

Frame

Parking

GarageOff StreetOpenParking LotPaved or SurfacedUnassigned

Heating

Electric (Heating)Natural GasOther (Heating)Zoned (Heating)

Cooling

Ceiling Fan(s)ElectricZoned

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1092 W Tarleton Street is listed at $985,000. The estimated monthly payment is $4,268 based on 20% down at 6.5% interest.

Key features include: Built in 1895, 0.36 acre lot.

This property is listed by Kimberly Fornes and can be reached at 8172796996 or kimfornes@aol.com.

KF

Kimberly Fornes

Agent at Keller Williams Brazos West

(817) 279-6996

Listed by Keller Williams Brazos West · View on Broker Site

MLS# 20935585· Source: listhub· Updated today

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1092 W Tarleton Street, Stephenville, TX 76401

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