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$469,000

120 Clark Lane, Stephenville, TX, 76401

On MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,175 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$215.63 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 4Bathrooms 4
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
FlooringCarpet, Vinyl

Exterior

Lot Size2,701 sqft

Building Information

Garage Spaces2

Land Information

APNR000078597
Lot Number9
Land UseVacant Urban
Legal DescriptionS2630 TERRACES OF CLARK LANE; PHASE II; BLOCK 85; LOT 9 (CITY ADDTION)
Census Tract950501
Assessed Land Value$20,000
Assessment Year2025

About this property

Highly desirable new build at The Terraces at Clark Lane Townhomes in Stephenville, offering modern living with excellent flexibility as a personal residence or investment property. Other residences within the development provide strong rental benchmarks, with short-term rentals generating up to approximately $5,000 per month and long-term rentals achieving approximately $3,500 per month. These figures are benchmarks from other properties and are not current income for this home. This thoughtfully designed townhome features three bedrooms, three full bathrooms, a dedicated office that could be converted into a fourth bedroom if desired, an open-concept living area, and a two-car garage. The private rooftop deck is a standout feature, providing an ideal space for entertaining or enjoying the Texas evenings. Conveniently located near Tarleton State University, downtown Stephenville, shopping and dining, this property offers modern construction, desirable amenities and the flexibility to make it your home or pursue a short- or long-term rental strategy.

Investor Tools

$0Estimated Mortgage Balance
$474,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,844 /month
Positive
Cash Flow Estimate:
$948 /month

Interested in this property?

Tristan Maynard

Keller Williams Frisco Stars

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$198/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$20,000
2025
$20,000
N/A
$20,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$20,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$474,000
100%
0%
$0/mo

City: Stephenville

120 Clark Lane | Property Details | No Agent List