120 Bunkhouse Rd

Stephenville, TX 76401

$3,999,999
Price
36
Beds
15,090 Sq. Ft.
$265 / Sq. Ft.
15,090
Sq. Ft.
$265
per Sq. Ft.
a view of a balcony with an outdoor space
an aerial view of a house with a ocean view
an aerial view of residential building and ocean
an aerial view of a house
an aerial view of a house with a lake view
a view of a terrace with wooden floor
a view of a backyard
a view of wooden fence
a view of a roof deck with wooden fence
a view of a balcony with wooden floor and city view
an aerial view of a house with outdoor space
a view of a street with sitting area
a view of a house with a small yard and large tree
a view of the ocean
a view of a house with a yard and sitting area
a view of a city
a view of a balcony with wooden floor
a view of a car garage
a view of a car in front of house
a kitchen with a sink stove and cabinets
a kitchen with stainless steel appliances granite countertop a stove top oven a sink dishwasher a dining table and chairs with wooden cabinets
a kitchen with a sink cabinets and wooden floor
a living room with furniture and a flat screen tv
a kitchen with stainless steel appliances granite countertop a sink stove and cabinets
a living room with furniture and a flat screen tv
a view of a bedroom with a bed and a ceiling fan
a bedroom with a bed and a chandelier
a bathroom with a sink toilet and shower
a bathroom with a sink toilet vanity and shower
a view of a chairs and tables in patio
a view of house with outdoor space and porch
a kitchen with a table chairs refrigerator and cabinets
a view of a livingroom with furniture and a flat screen tv
a living room with stainless steel appliances kitchen island granite countertop furniture and a kitchen view
a bathroom with a sink a toilet and shower
a bedroom with a bed and a chandelier
a bathroom with a sink vanity and a mirror
a workspace room with furniture and a ceiling fan

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...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.
  1. Listed by Lane Cooper • TREC #0750847 • Keller Williams Heritage West • 417-331-9125

Property Details for 120 Bunkhouse Road

Subdivision Name
NA
Pool
No
Number Of Parking Spaces
36
LISTING UPDATED: 12/15/2025 11:10 PM

Property Details for 120 Bunkhouse Road

StatusActive
MLS #21130971
Days on Market8
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment/5Plex+
Year Built2015
Lot Size6.26 AC / 272,729 SF
CountyErath County

Location

Listing Courtesy of Keller Williams Heritage West, Lane Cooper
Add your commute

Building Information for 120 Bunkhouse Road

Stories1Residences18Year Built2015Building Size-Lot Size6.26 AC / 272,729 SF

Payment Calculator

$22,056 per month

30 year fixed, 6.28% Interest

Principal and Interest

$19,765

Property Taxes

$2,291

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 120 Bunkhouse Road

Summary
Location and General Information
  • Block: 21
  • Complex Name: 3D Bunkhouse
  • 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.
  • Elementary School: Central
  • Elementary School Name: Central
  • High School: Stephenvil
  • High School Name: Stephenvil
  • Junior High School: Stephenvil
  • Year Built Details: Preowned
  • School District: Stephenville ISD
  • Geocode Confidence: High
  • Latitude: 32.23
  • Longitude: -98.17
  • State: Texas
Parking
  • Parking Features: On Site
Taxes and HOA Information
  • Tax Legal Description: ACRES: 6.261 A0683 SIMS WILLIAM; & APARTMENTS
  • Association Type: None
Virtual Tour
Interior and Exterior Features
Interior Features
  • Flooring: Painted/Stained
  • Heating: Central
  • Interior Features: Open Floorplan
  • Appliances: Dishwasher
  • Cooling: Central Air
  • Living Area: 15090.0
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Owner
  • Construction Materials: Aluminum Siding
  • Foundation Details: Slab
  • Number Of Stories: 1
  • Roof: Metal
  • Waterfront: No
  • Number Of Units Total: 18
  • Levels: One
Property
Utilities
  • Utilities: Septic, Well
Property and Assessments
  • Financing Proposed: 1031 Exchange, Conventional
  • Handicap: No
  • Loan Type: Treat As Clear
  • Property Match: APN
Lot Information
  • Lot Size: 5 to < 10 Acres
  • Lot Size Acres: 6.261
  • Lot Size Area: 6.261
  • Lot Size Units: Acres
  • Lot Size Square Feet: 272729.16
  • Multi Parcel ID: No
  • Parcel Number: R000075446
Multi Family
Multi-Family Information
  • Number Of Buildings: 6
  • Capitalization Rate: 12.20%
  • Gross Annual Expenses: $52,800
  • Gross Annual Income: $552,000
  • Insurance Expense: $20,000
  • Net Operation Income: $487,975.00
Unit 1
  • Approximate SQFT: 625.0
  • Average Lease Amount: $2,000.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 0
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 8
Unit 2
  • Approximate SQFT: 795.0
  • Average Lease Amount: $1,850.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Number Of Baths Full: 1
  • Number Of Baths Half: 0
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 8

Property History for 120 Bunkhouse Road

DateEvent & SourcePriceAppreciation
Dec 15, 2025

Listed (Active)

NTREIS #21130971

$3,999,999—
Jan 1, 2025

Expired

NTREIS #20601224

—
May 4, 2024

Listed (Active)

NTREIS #20601224

$4,450,000—
DateEvent & SourcePrice
12/15/2025

Listed (Active)

NTREIS #21130971

$3,999,999
01/01/2025

Expired

NTREIS #20601224

—
05/04/2024

Listed (Active)

NTREIS #20601224

$4,450,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 120 Bunkhouse Road

Taxable ValueLand$409,090Additions$2,358,550Total$2,767,640
Tax Record2023$27,491 ($2,291 / month)
Home Facts
Total Finished SqFt17,836 SqFtAbove Grade Finished SqFt17,836 SqFtLot Size272,729 SqFtStyleMulti-Family Dwelling (2-4)Year Built2015CountyERATHAPNR000075446

Schools near 120 Bunkhouse Road

This home is within Stephenville Independent School District.
Rating
School
Type
Grades
Distance
Chamberlin Elementary School
Public - 1 to 2
Hook Elementary School
Public - 3 to 4
Gilbert Intermediate School
Public - 5 to 6
Henderson Junior High School
Public - 7 to 8
Rating
School
Distance
Chamberlin Elementary School
Public1 to 2

Hook Elementary School
Public3 to 4

Gilbert Intermediate School
Public5 to 6

Henderson Junior High School
Public7 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 120 Bunkhouse Road, Stephenville, TX 76401

120 Bunkhouse Road is a multi-family home for sale in Stephenville, TX 76401. This property was listed for sale on December 15, 2025 by Keller Williams Heritage West, it's currently listed at $3,999,999. This listing's school district is Stephenville Independent School District. Nearby schools include Chamberlin Elementary School, Hook Elementary School and Gilbert Intermediate School. 120 Bunkhouse Road is a 36-bed, 26-bath, 15,090 sqft multi-family home built in 2015.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Heritage West, Lane Cooper

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2025 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 12/15/2025 11:10 PM