# 8441 County Road 176, Stephenville, TX 76401

> **TL;DR:** 18bd/10ba multi-family, $1,985,000, built 2011. Est. $8,602/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,985,000 |
| Bedrooms | 18 |
| Bathrooms | 10 full |
| Year Built | 2011 |
| Lot Size | 266,152 sqft (6.11 acres) |
| Stories | 2 |
| Property Type | Multi-Family (Apartment) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $8,602 |
| **Total** | **$8,602** |

## Nearby Schools

- **Elementary:** Central

## Property Highlights

- Built in 2011
- 6.11 acre lot
- 2 stories
- 20 parking spaces

## Description

### Agent Description
Prime investment opportunity in Stephenville, the Cowboy Capital of the World and home to rodeo collegiate powerhouse, Tarleton State University. This **fully occupied, income-producing** property offers a rare mix of residential and equine amenities, including **10 apartments**, **8 RV hookups**, **20 horse stalls with runs**, **15 covered pens**, and **4 large traps**.  

A key highlight is the **on-site roping arena**, adding a distinctive value feature for tenants and equine users. Located **directly across from the popular 377 Arena**, the property benefits from strong visibility and immediate connection to Stephenville’s active horse community. With **Tarleton State University’s growing enrollment contributing to a local housing shortage**, this property presents meaningful upside potential for rent increases across both the apartments and equine facilities.  

An exceptional chance to invest in a high-demand asset with multiple income streams and future growth.

## Location

- **Address:** 8441 County Road 176, Stephenville, TX 76401
- **County:** Erath
- **Neighborhood:** NA
- **Coordinates:** 32.279598, -98.13492
- **Google Maps:** https://www.google.com/maps?q=32.279598,-98.13492

## Listing Agent

- **Name:** Brad Booth
- **Brokerage:** The Platinum Group RE, LLC
- **Phone:** 8172196673
- **Email:** brad@theplatinumgrouptx.com

## Primary Photo

![8441 County Road 176 - Primary Photo](http://lh.rdcpix.com/4aaf2e986737f7d3f8094f6e7f99eaa4l-f2037166543r.jpg)

*27 total photos available on [listing page](https://www.propertysimple.com/listing/8441-county-road-176-stephenville-tx-76401-21227447)*

---

**MLS#:** 21227447 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/8441-county-road-176-stephenville-tx-76401-21227447)

---

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