397 Cr 538, Stephenville, TX 76401

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Active
BEDS4 BATHS2 full MLS#21008785
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONHenry Fantharp SCHOOLLingleville ISD

Property Description

Charming Dual-Residence Property on 2.62 Beautifully Landscaped Acres. Discover a unique opportunity with two residences on one stunning property, ideal for multi-generational living or additional rental income. Nestled on a peaceful dead-end road, this well-maintained 2.62-acre estate features a spacious 1,953 sq ft main home with 3 bedrooms and 2 bathrooms, plus a fully equipped 1-bedroom, 1-bath guest house currently generating $700 per month in rental income. The main residence offers a warm and inviting atmosphere with a large living area perfect for entertaining, a generously sized primary suite with ensuite bathroom, and an additional bonus room that can serve as an office, 4th bedroom, or playroom. The kitchen is well-appointed with abundant cabinetry, newer appliances, and a separate dining area ideal for family gatherings. Recent upgrades include new windows, hot water heater, and new appliances including refrigerator (2023) new HVAC system (2024) and microwave (2025). Stylish laminate and tile flooring run throughout the home. The guest house is 630 sq ft and includes a living area, full kitchen (appliances included), and a covered carport with storage space for lawn equipment or a vehicle—making it a highly desirable rental or in-law suite. The property also boasts a reliable 365-ft water well with a new pump and updated electrical systems, a spacious concrete slab perfect for outdoor entertaining or sports, and a dedicated yard space for pets separate from the main backyard. Horses and 4H animals are welcome. Built in 1982 and only owned by two families, this property offers a rare blend of comfort, functionality, and income potential in a serene rural setting. Whether you're looking for a peaceful homestead, room to grow, or an income-generating investment, this property has it all.Schedule your showing today—this one won’t last long!

397 Cr 538 | MLS# 21008785

This multi-family property located at 397 Cr 538, Stephenville, TX 76401 is currently listed for sale with an asking price of call for price. Cr 538 is located within the Lingleville ISD school district. Search Stephenville real estate on calmarshall.kellyrealtors.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Ceiling Fan(s), Central Air, Electric
Heating: Central, Electric
Lot Size: 2.62 Acres
Roof Type: Composition
Year Built: 1982

Amenities

Decorative Lighting
High Speed Internet Available
Walk-In Closet(s)
Dog Run
Private Entrance
Storage

Feature Descriptions

Appliances: Dishwasher, Disposal, Electric Range, Microwave, Refrigerator, Water Filter, Water Softener
Days on Site: 222
Exterior: Siding
Fencing: Chain Link, Net, Partial
Flooring: Carpet, Laminate, Tile
Green Features: HVAC, Waterheater
Lot: Acreage, Cleared, Landscaped, Lrg. Backyard Grass
Parcel#: R000018606
Parking: Additional Parking, Assigned, Attached Carport, Concrete, Driveway, Parking Pad
Parking Notes: Additional Parking, Assigned, Attached Carport, Concr
Patio/Porch: Covered
Units: 2
Utilities: Co-op Electric, Septic, Well

Local Schools

Elementary School: Linglevill
School District: Lingleville ISD

Listed By / Shown By

Listed By

Agency Name: MOORE HOME AND RANCH, LLC
Agency Contact: 254-459-0889
Agent Name: Derece Jones

agent picture

Shown By

Agent Name: Cal Marshall
Agent Phone: (254) 447-0984
Agency Title: Kelly, Realtors

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Estimated Payment

$ 0.00 per month $0.00 Principal & Interest $0.00 Property Tax (data not provided by mls) $0.00 Homeowner's Insurance

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