Listing provided courtesy of PREFERRED PROPERTIES OF TEXASMLS# 21258511MLS ProviderContact Information: Case Horton - 254-965-7775
  • 53 days on site
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Investment opportunity just outside Stephenville! Located at 5209 US Hwy 67 on a prime corner of US Hwy 67 and CR 488, this unique 3-acre property offers multiple income-producing possibilities or multi-family living. The property includes three mobile homes: a spacious 3-bedroom, 2-bath, a 2 bed, 2 bath and one 2-bedroom, 1-bath unit, providing flexibility for rental income, extended family use, or a combination of both. With highway frontage and excellent visibility, the property offers convenient access to Stephenville while maintaining a rural feel. The layout allows for separation between residences, making it ideal for tenants or multi-generational living arrangements. Whether you're an investor looking to expand your portfolio or a buyer seeking versatile property with income potential, this tract delivers. Please note: the owner intends to retain a life estate on the mobile home located at 205 CR 488. This arrangement presents a unique opportunity to acquire the remaining improvements and land at a compelling value while planning for future full use. Opportunities like this—offering acreage, multiple residences, and highway access—are rare in this growing area of Erath County. Don’t miss your chance to secure a flexible property with strong upside potential in one of North Central Texas’ most desirable markets. Call Preferred Properties of Texas 254-965-7775 today to schedule your showing and don't miss out on the rare opportunity.

Source: North Texas MLS, MLS#: 21258511

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  • Property Type
    Residential
  • Lot
    3.00 acres

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Pamela Buske

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 5209 US Highway 67


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/8/2026Source: North Texas MLS Added to Database
May 08, 2026