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130, 132 Clark Lane, Stephenville, Texas– $880,000
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  • $880k Price
  • 7 Beds
  • 4.2 Baths
  • 4 Garages
  • .12 Acres
  • 2025 Year Built
  • Study
  • Game Room
  • Media
  • Pool
  • $880k Price
  • 7 Beds
  • 4.2 Baths
  • 4 Garages
  • .12 Acres
  • 2025 Year Built
  • Study
  • Game Room
  • Media
  • Pool
ARG Client Cash Rebate $17,600

130, 132 Clark Lane
Stephenville, Texas 76401

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.

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Essential Information

  • Price$880,000
  • Cumulative Days on MarketUnlock
  • MLS® #21416367
  • Bedrooms7
  • Bathrooms4.20
  • Acres0.12
  • Year Built2025
  • Built Desc.New Construction - Complete
  • TypeResidential Income
  • Sub-TypeDuplex
  • StatusActive
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Property Details

School Information

Community

  • Address130, 132 Clark Lane
  • SubdivisionThe Terraces of Clark Lane
  • CityStephenville
  • CountyErath
  • StateTexas
  • Zip Code76401
  • HOAMandatory
  • HOA Fees$150
  • HOA Fees FrequencyMonthly
  • UtilitiesCity Sewer, City Water, Electricity Connected

Amenities

  • Parking Spaces8
  • # of Garages4
  • GaragesDriveway, Garage, Garage Double Door, Garage Faces Front, Inside Entrance, Paved

Interior

  • Interior FeaturesDecorative Lighting, Double Vanity, Kitchen Island, Open Floorplan, Walk-In Closet(s)
  • FloorsCarpet, Luxury Vinyl Plank, Tile

Exterior

  • FenceMetal

Construction Details / Floorplan

  • Full Baths4
  • Half Baths2
  • RoofComposition
  • FoundationSlab
  • ConstructionFrame, Rock/Stone, Stone Veneer

Energy Efficiency / Green Features / Heating & Cooling

  • HeatingElectric

Private Listing Information (Registration Required)

Listing Details

  • AgentTristan Maynard
  • OfficeKeller Williams Frisco Stars

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Listing information last updated on November 8th, 2026 at 9:45pm CST.