USATXStephenvilleThe Terraces of Clark Lane130
130, 132 Clark Lane | Image 1
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$880,000

For Sale

3 hours ago

130, 132 Clark Lane, Stephenville, TX

MLS® 21416367

7 Bed

6 Bath

4850 sqft

8 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 4850 sqft
Garage Yes
Taxes 
Days Active 0
Lot Size 0.11999999731779099 Acres
Approx. Age 2025
Avg. Price Per Sqft $181
MLS® Number 21416367

Property Address: 130, 132 Clark Lane, Stephenville, TX, 76401

Average square foot calculated using Size range provided by listing agent.

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® Number21416367
Laundry Level
Central VacNo
FireplaceNo
Acreage0.12
Exterior
GarageYes
Approx. Age2025
Basement
DrivewayDoor Multi, Driveway, Garage Faces Front, Garage, Inside Entrance, Paved
Garage Spaces4
HeatElectric
A/CCentral Air, Ceiling Fans

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 26, 2026List Date
$880,000List Price
  • Commute

Commute

Starting Address
Destination Address
130, 132 Clark Lane, Stephenville, TX

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