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811 Oak

Stephenville, TX 76401

$1,349,000

4 units · 2027

Units4
Building area6,536 sq ft
Year built2027
Gross income$105,600/yr
Cap rate6.05% as listed
Parking8 spaces
Lot size0.276 acres
TypeQuadruplex

What it costs to own

TaxesNot provided by the listing
HOANone listed
Operating expenses$20,000 per year — as listed
Insurance$4,000 per year — as listed
Net operating income$81,600 per year — as listed

About this home

Exceptional opportunity to purchase a brand-new luxury fourplex in Stephenville before completion. This townhome-style development is being designed to feature four spacious 3-bedroom, 2.5-bath units with attached one-car garages. The current design is approximately 1,634 square feet per unit, with plans being revised to increase the living area to approximately 1,800 square feet per unit. Final square footage and specifications are subject to final plans.

Luxury finishes are planned throughout, including stained concrete flooring on the first floor, luxury vinyl plank upstairs, modern kitchens, and attached garages. Estimated rental income of approximately $2,200 per unit ($105,600 annually). Buyers who purchase early may have the opportunity to influence finish selections depending on the stage of construction. Contact the listing agent for floor plans, pricing, timeline, and additional information.

Buyer has the opportunity to secure this property before completion. Price and specifications are subject to change as construction progresses.

The details

HeatingCentral
CoolingCeiling Fan(s), Central Air
FlooringLuxury Vinyl Plank, Painted/Stained
AppliancesElectric Range, Microwave, Refrigerator
Interior featuresGranite Counters, Kitchen Island, Walk-In Closet(s)
Bathrooms8 full · 4 half

Construction materialsFrame, Siding
RoofShingle
FoundationSlab

Water sourceCity Water, Individual Water Meter
SewerCity Sewer

SubdivisionCrow Styles Addition
Community featuresCurbs, Sidewalks

ElementaryCentral
Middle schoolStephenvil
High schoolStephenvil
DistrictStephenville ISD

Gross income$105,600 per year
Operating expenses$20,000 per year
Insurance$4,000 per year
Cap rate6.05% — as listed
Net operating income$81,600 per year

MLS #21347278
Source
On the marketListed today
CountyErath

Around this home

One moment…

Everyday life

Nearest groceryH-E-B · 1.5 mi
Nearest parkBill Johnson Park · 0.5 mi

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Listing courtesy of PREFERRED PROPERTIES OF TEXAS — Zane Cole.

Where it is

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Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21347278. Information last updated August 1, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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