1 of 40
$880,000
- 7 beds
- 6 baths
- 0.12 acre lot
130, 132 Clark Lane
View on mapAbout this home
INVESTMENT OPPORTUNITY AT 130 & 132 CLARK LANE
Read the full descriptionShow less
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.
- Bedrooms
- 7
- Bathrooms
- 6
- Lot size
- 0.12 acres
- Garage spaces
- 4 spaces
- Year built
- 2025
- Property type
- Duplex
- Status
- Active
- MLS number
- 21416367
Listing courtesy of Keller Williams Frisco Stars
Office phone 972-712-9898
Estimated monthly cost
See this home in person
Times that work for you (up to three)
This is a request, not a confirmed appointment. QRE Team will confirm within 2 business hours.
Location












130, 132 Clark Lane
Facts and features
Interior
- Bedrooms
- 7
- Bathrooms
- 6
Exterior
- Garage spaces
- 4
Lot
- Lot size
- 0.12 acres
Building
- Year built
- 2025
- Property type
- Duplex
- New construction
- Yes
Selling a home in Stephenville?
Enter your address and a licensed agent will prepare an estimated sale price range.
This represents an estimated sale price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice.
New listings in Stephenville
See all new listingsThe newest active homes first.