Date
Details
Price
Change
Source
10/25/2026
Listed
$880,000
—
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
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.
Full Property Details
Full Property Details for 130 132 Clark Ln
General
- Price: $880,000
- HOA FEE: $150/month
- Status: Active
- Type: Duplex
- Source: NTREIS
- MLS ID: 21416367
- Updated: 10/26/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Decorative/Designer Lighting Fixtures, Double Vanity, Kitchen Island, Open Floorplan, Walk-In Closet(s)
- Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
- Flooring: Carpet, Luxury Vinyl Plank, Tile
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 4
- Half Bathrooms: 2
Bedrooms
- Total Bedrooms: 7
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 4
- Total Spaces: 8
- Parking Features: Door-Multi, Driveway, Garage Faces Front, Garage, Inside Entrance, Paved
Location
- County: Erath
- Subdivision: The Terraces of Clark Lane
- Driving Directions: Drive east on Washington St from the downtown Stephenville Square, turn left on Clark Lane, property is on the left.
School Information
- Elem School District: Stephenville ISD
- Midd School District: Stephenville ISD
- High School District: Stephenville ISD
- Middle School: Gilbert, Stephenvil
- High School: Stephenvil
Community
- Association: Yes
- Assoc. Name: The Terraces HOA Inc
- Assoc. Fees Include: Maintenance Grounds
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Available, Water Available
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: Frame, Rock, Stone, Stone Veneer
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 4,850
- Sq. Ft. Source: Builder
- Year Built: 2025
- Property Condition: New Construction
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,227.2
- Fencing (Description): Metal
Financial Considerations
- Association Fee: $150
- Assoc Fee Freq.: Monthly
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: R000078601
- Block: 85
- Lot Number: 13-14
Listed by Keller Williams Frisco Stars, Tristan Maynard
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Listing agent
— 130 132 Clark Ln —
Tristan Maynard
Keller Williams Frisco Stars
817-995-6983
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 130 132 Clark Ln
School District:Stephenville Independent School District
| Name | Grades | Distance |
|---|---|---|
Central Elementary School, Stephenville, TX 780 West Washington Street, Stephenville, TX 76401 | PK-K | 0.9 mi |
Hook Elementary School 1067 West Jones Street, Stephenville, TX 76401 | 3-4 | 1.1 mi |
Chamberlin Elementary School 1601 West Frey, Stephenville, TX 76401 | 1-2 | 1.7 mi |
Henderson Junior High School 2798 West Frey, Stephenville, TX 76401 | 7-8 | 2.8 mi |
Stephenville High School 2650 West Overhill Drive, Stephenville, TX 76401 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 130 132 Clark Ln
Tax History
Tax History for 130 132 Clark Ln
Year
Property Taxes
Change
Tax Assessment
Change
2026
$6,450
1825%
$385,170
1826%
2025
$335
—
$20,000
—
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 130 132 Clark Ln
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130, 132 Clark Lane, Stephenville, TX 76401 (MLS# 21416367) is a Duplex property with 7 bedrooms, 4 full bathrooms and 2 partial bathrooms. 130, 132 Clark Lane is currently listed for $880,000 and was received on October 25, 2026. Want to learn more about 130, 132 Clark Lane? Do you have questions about finding other Duplex real estate for sale in Stephenville? You can browse all Stephenville real estate or contact a Coldwell Banker agent to request more information.