216 S Devine Street

Stephenville, TX
$ 525,000 Beds 12 Baths 12 Sq 5,400 Virtual Tour
Monthly Estimate* How much can I afford?

Welcome to 216 S. Devine in Stephenville, home to Tarleton State University and Division 1 Sports. The property started as a single family residence in the 1920's and was converted to a 10 unit apartment complex in the 1980's. The property is a couple blocks from downtown and with a mile of campus. Each unit has its own electric and AC unit with centralized hot water heating. The rents are below market rates and the Seller projects a 7.3% cap rate for this cash flow positive property.

Multi-Family

  • Price
  • $ 525,000
  • Lot Size
  • 10,803 SqFt
  • Bedrooms
  • 12
  • Sqr Footage
  • 5,400
  • Full Bathrooms
  • 12
  • Year Built
  • 1920
  • Half Bathrooms
  • 0
  • City, Zip
  • Stephenville
  • Taxes
  • 8109
  • County
  • ERATH
  • Style
  • MUL-Apartment/5Plex+
  • Area
  • ERATH COUNTY-STEPHENVILLE
  • MLS#
  • 14382888
  • Zip
  • 76401
Listing Provided by:

Features

General

# of Buildings 1
Block 35
Complex Name 216 S Devine
Construction Materials Wood
HOA Type None
Heating Panel/Floor/Wall, Window Unit
Interior Features High Speed Internet Available
Listing Area ERATH COUNTY (78)
Lot Number 2
Other Equipment Cooktop - Electric, Dishwasher, Disposal, Oven-Electric, Refrigerator
Property Type Multi-Family
Proposed Financing Cash, Conventional
Remarks Welcome to 216 S. Devine in Stephenville
School District Stephenville ISD
School Name Stephenvil
School Name Central
Stories 2
Sub Area ERATH COUNTY-STEPHENVILLE (6)
Subdivision City Add
Type MUL-Apartment/5Plex+
Utilities Asphalt, City Sewer, City Water
Virtual Tour Url Unbranded https://www.propertypanorama.com/instaview/ntreis/14382888
Year Built 1920
Year Built Details Preowned

Interior Features

# of Units 10
Occupancy Rate 100
Sqft Building 5400
Total Bedrooms 12
Unit Count 2

Exterior Features

Foundation Pier & Beam
Lot Description Corner
Lot Size Area 0.248
Lot Size Area 0.248
Lot Size Area (acres) 0.248
Lot Size Area (sq Ft) 10802
Lot Size Units Acres
Number Of Parking Spaces 12
Parking Features Common Lot

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Bonham, TX office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Central Elementary School
Middle School Stephenvil Middle School
High School Stephenvil High School

Price History

7/8/2020 Listed $575,000
7/28/2020 5% - $550,000
10/17/2020 5% - $525,000

Property vs Zip Code Average in 76401

Price
AVG $940K
$530K
Taxes
AVG $6,893
$8,109
Visits
AVG 153
85
Year Built
AVG 1966
1920
Walkscore
AVG 40
46
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

216 S Devine Street Stephenville, TX is a Single Family Home for sale at $525000 with 5400 sqft and a lot size of 10,803 SqFt Acre(s). 216 S Devine Street Stephenville has 12 bedrooms, 12 baths and was built in 1920. The property's zip code is 76401 which is in Stephenville, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.