Eco Friendly
290 S Mcilhaney Street, Stephenville, TX
$ 5,200,000
Property Attributes
  • MLS#20344182
  • TypeMulti-Family
  • CountyERATH
  • CityStephenville
  • NeighborhoodCity Add
  • Zip76401
  • StyleMultiple Single Units
  • Year Built2022
  • Taxes$ 30887
  • Price$ 5,200,000
  • Bedrooms44
  • Full Bathrooms20
  • Half Bathrooms0
  • Lot Size0.924 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

This is a great investment opportunity, completed and rented May in 2022, These units are fully furnished student housing with beds, desks, couches, flatscreen TV's, and washer,dryers, designed for the student that wants more personal space. Conveniently located within 1 walking block of the Campus. There are 44 doors in the 3 buildings, 4- 1br-1ba efficiencies, 8- 2br-2b, 8- 3br-3ba. Each bedroom has it's on bathroom, The shared common area is the Living, Dining, laundry, and kitchen. There is a fence dog park on the property, All tenants have private parking available, as well as wifi, and Utilities are included with a usage cap. Manager does not live on site. All buyers must show qualified lending approval before showing and with Accepted offer all financial documents will be provided.

Elementary School
Central Elementary School
Price History
9/11/2023 Listed $5,200,000

General Features

Heating Central,Electric,ENERGY STAR Qualified Equipment
Complex Name Texan Town Village
Cooling Ceiling Fan(s),Central Air,Electric,ENERGY STAR Qualified Equipment,Multi Units
Utilities All Weather Road,Asphalt,City Sewer,City Water,Curbs,Electricity Connected,Individual Water Meter,Sidewalk,Underground Utilities
Possession Closing/Funding,Negotiable
Roof Asphalt
Appliances Dishwasher,Disposal,Dryer,Electric Range,Electric Water Heater,Microwave,Refrigerator,Vented Exhaust Fan,Washer
School District Stephenville ISD
Capitalization Rate 6.10
Year Built 2022
Tenancy Lease While on Market,No Smoking,No Waterbeds,Over 9 Months,Pets Allowed
Community Features Curbs,Other
Levels Two
Unexempt Taxes 30887
Will Subdivide No
Gross Annual Expenses 70000.00
Property SubType Multiple Single Units
Subdivision Name City Add
Accessibility Features Smart Technology
Insurance Expense 20000
County Erath
Operating Expense Includes Accounting,Capital Improvements,Maintenance,Manager,Professional Management,Utilities,Vacancy Allowance,Water/Sewer
Property Type Residential Income
Security Features Security Lights,Smoke Detector(s)
Construction Materials Brick,Concrete,Fiber Cement
Year Built Details New Construction - Complete
HOA Type None
Green Energy Efficient Drought Tolerant Plants
Special Notes Age-Restricted,Survey Available
# of Buildings 3
Green Landscaping Native Landscape
Status Active
Directions It will Map 1 block off Washington across from TSU
City Stephenville
Buyer Agent Compensation 2
Elementary School Name Central
High School Stephenvil
Street Name Mcilhaney
Elementary School Central
Virtual Tour URL Unbranded
Standard Status Active
Junior High School Stephenvil
Buyer Agent Compensation Type %

Interior Features

Interior Features Cable TV Available,Decorative Lighting,Eat-in Kitchen,Flat Screen Wiring,Granite Counters,High Speed Internet Available,Open Floorplan,Pantry,Walk-In Closet(s)
Flooring Ceramic Tile,Luxury Vinyl Plank
Occupancy Rate 99
Total Units 20
Unit Count 3
Lock Box Type See Remarks
Street Suffix Street
Total Bedrooms 44

Exterior Features

Exterior Features Dog Run
Lot Features Few Trees,Landscaped
Lot Size Source Assessor
Parking Features Asphalt,Common,Lighted,Parking Lot,Paved,Permit Required,Private,Unassigned
Lot Size .5 to < 1 Acre
Foundation Slab
Lot Size Area 0.9240
Lot Size Dimensions 162 x 258
Number Of Parking Spaces 40
Lot Size Units Acres
Building Area Total 20250.00
Lot Size Square Feet 40249.4400
Lot Size Acres 0.9240
Patio And Porch Features Covered,Front Porch


  • 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

Property vs Multi-Family Average in 76401

AVG $2.89M
AVG $18,936
AVG 410
Data Provided by Inside Real Estate®
Year Built
AVG 2019
AVG 57
Data Provided by Walkscore® not using MLS data

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