Date
Details
Price
Change
Source
12/15/2025
Listed
$3,999,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Welcome to 3D Bunkhouse, a rare investment opportunity in the heart of Stephenville-widely known as the Cowboy Capital of the World and home to the thriving TSU community. This unique multifamily property combines residential living, short-term rental income, and equine-focused amenities, making it an exceptionally versatile asset in one of Texas's most sought-after rodeo and university markets. Located just over an hour from the Dallas-Fort Worth Metroplex, Stephenville offers the charm of a small Texas town with the steady energy and demand generated by TSU students, faculty, rodeo athletes, and traveling competitors. This strong tenant base creates consistent occupancy and long-term investment security. Community & Amenities 3D Bunkhouse is designed to accommodate a wide range of residents and guests. The property features full RV hookups ideal for short-term visitors, rodeo travelers, and event participants. On-site conveniences include a laundry facility, snack station, and secure mail delivery for tenants. The property also offers multiple income-producing amenities, including established short-term rental units, large fully covered horse stalls, storage units, and premium equestrian facilities. Riders and competitors benefit from a 150' x 200' outdoor roping and riding arena, a 60' round pen, and a concrete tie wash area, creating a highly attractive environment for those involved in the equine and rodeo industries.
Full Property Details
Full Property Details for 120 Bunkhouse Rd
General
- Price: $3,999,999
- Taxes: $35,279
- Status: Active
- Type: Apartment
- Source: NTREIS
- MLS ID: 21130971
- Updated: 12/15/2025
- Added to Site: 33 day(s) ago
Interior
- Interior Features: Open Floorplan
- Appliances: Dishwasher
- Flooring: Painted/Stained
Rooms
Bathrooms
- Total Bathrooms: 26
- Full Bathrooms: 26
Bedrooms
- Total Bedrooms: 36
Parking
- Total Spaces: 36
- Parking Features: On Site
Location
- County: Erath
- Subdivision: NA
- Driving Directions: From Stephenville Town Square, head south on S Graham Ave US Hwy 377. Continue straight for approximately 2.5 miles. Property will be on the right.
School Information
- Elem School District: Stephenville ISD
- Midd School District: Stephenville ISD
- High School District: Stephenville ISD
- Elementary School: Central
- High School: Stephenvil
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
- Utility Description: Septic Available, Water Available
Structural Information
- # Buildings: 6
- Detached/Attached: Detached
- Construction: Aluminum Siding
- Roof: Metal
- Stories/Levels: 1
- Square Feet: 15,090
- Sq. Ft. Source: Owner
- Living Area: 15,090 Sq. Ft.
- Year Built: 2015
Lot Features
- Lot Size (Acres): 6.261
- Lot Size (Sq. Ft.): 272,729.16
Financial Considerations
- Tax Amount: $35,279
- Terms: Conventional, 1031 Exchange
Disclosures and Reports
- Legal Description: ACRES: 6.261 A0683 SIMS WILLIAM; & APARTMENTS
- Property ID: R000075446
- Block: 21
Listed by Keller Williams Heritage West, Lane Cooper
We Value Your Privacy
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Listing agent
— 120 Bunkhouse Rd —
Lane Cooper
Keller Williams Heritage West
417-331-9125
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 120 Bunkhouse Rd
School District:Stephenville Independent School District
| Name | Grades | Distance |
|---|---|---|
Central Elementary School, Stephenville, TX 780 West Washington Street, Stephenville, TX 76401 | PK-K | 2.2 mi |
Hook Elementary School 1067 West Jones Street, Stephenville, TX 76401 | 3-4 | 2.5 mi |
Chamberlin Elementary School 1601 West Frey, Stephenville, TX 76401 | 1-2 | 3.1 mi |
Henderson Junior High School 2798 West Frey, Stephenville, TX 76401 | 7-8 | 4.1 mi |
Stephenville High School 2650 West Overhill Drive, Stephenville, TX 76401 | 9-12 | 3.8 mi |
Gilbert Intermediate School 950 North Dale Avenue, Stephenville, TX 76401 | 5-6 | 3.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 120 Bunkhouse Rd
Tax History
Tax History for 120 Bunkhouse Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$27,491
—
$2,767,640
2%
2023
$27,491
—
$2,706,180
36%
2023
$27,491
-12%
$1,985,100
—
2022
$31,099
17%
$1,985,100
23%
2021
$26,477
3%
$1,618,230
6%
2020
$25,614
-4%
$1,528,540
—
2019
$26,571
-1%
$1,528,540
-2%
2017
$26,707
10%
$1,557,080
10%
2016
$24,200
—
$1,410,160
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 120 Bunkhouse Rd
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120 Bunkhouse Road, Stephenville, TX 76401 (MLS# 21130971) is a Apartment property with 36 bedrooms and 26 full bathrooms. 120 Bunkhouse Road is currently listed for $3,999,999 and was received on December 15, 2025. Want to learn more about 120 Bunkhouse Road? Do you have questions about finding other Apartment real estate for sale in Stephenville? You can browse all Stephenville real estate or contact a Coldwell Banker agent to request more information.