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130, 132 Clark Ln

Stephenville, TX 76401
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Just listedJust listed
7 Bedroom(s)
4 Full & 2 Half Bath(s)
0.12 Lot Acres
Multi-Family - Duplex

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Description

INVESTMENT OPPORTUNITY AT 130 & 132 CLARK LANE Exceptional opportunity to acquire an income-producing duplex in The Terraces at Clark Lane in Stephenville, Texas. Built in 2025, this tenant-occupied investment property generates $6,850 in combined monthly rental income, totaling $82,200 in annual gross scheduled rent. IN-PLACE RENTAL INCOME 130 Clark Lane: $3,350 per month, Unfurnished, Lease expiration: 5-14-2027 132 Clark Lane: $3,500 per month, Furnished, Lease expiration: 7-31-2028 Combined Monthly Rental Income: $6,850 Annual Gross Scheduled Rental Income: $82,200 Annual Net Operating Income: $58,832 Located near Tarleton State University, this property offers investors access to Stephenville's university-oriented rental market, with potential demand from students seeking off-campus housing and university faculty and staff. Its location provides an opportunity to invest in a market supported by the presence of an established university and its surrounding community. Built in 2025, the property offers approximately 4,350 square feet combined, with each unit featuring an open floor plan, double sinks in all full bathrooms, a fenced back porch, and a two-car garage. Unit 132 is furnished, offering flexibility for furnished rental strategies, while Unit 130 is leased unfurnished. 130 and 132 Clark Lane are being offered together as one investment property and will not be sold separately. Buyers should independently verify lease terms, rental income, operating expenses, and other property-related expenses during due diligence.

MLS#
NTREIS-21416367
List Price
$880,000
Listing Status
For Sale
Address
130, 132 Clark Ln
City
Stephenville
State
TX
Zip Code
76401
County
Erath County
Subdivision
The Terraces of Clark Lane
Property Type
Multi-Family - Duplex
Bedroom
7 Bedroom(s)
Bath
4 Full & 2 Half Bath(s)
Garages
4 / Attached
Stories
2
Year Built
2025 /Appraisal District
Lot Size
0.12 Lot Acres/Appraisal District
Maintenance Fee
$150 / Monthly

Exterior

Roof
Composition
Foundation
Slab
Private Pool
No
Exterior Type
Frame, Rock/Stone, Stone Veneer
Parking
Driveway, Garage, Garage Double Door, Garage Faces Front, Inside Entrance, Paved
Fencing
Metal
Utility
City Sewer,City Water,Electricity Connected

Financial information

Maintenance Fee
$150/Monthly
Maint Fee Includes
Maintenance Grounds

Interior

Floors
Carpet, Luxury Vinyl Plank, Tile
Cooling
Electric
Heating
Electric
Appliances
Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Interior
Decorative Lighting, Double Vanity, Kitchen Island, Open Floorplan, Walk-In Closet(s)

Lot Information

Lot Size
0.12 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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Information source

North Texas Real Estate Information Systems, Inc.
Source last updated Oct 26, 2026 at 06:30 AM
Listing last updated Oct 26, 2026 at 07:16 AM
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Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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