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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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120 Bunkhouse Rd , Stephenville, TX 76401
$3,999,999
Est. Payment: $20,593.73/mo
36 Bed
26 Bath
15090 Sqft
Status: active | Days on site: 252
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House 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.

Highlights

Listed by Lane Cooper , Keller Williams Heritage West , North Texas Real Estate Information Systems

Property Type

Multi-Family

Lot/Acreage
6.26

Year Built

2015

County

Erath

Neighborhood

Na

School District

Stephenville ISD

Listing ID

21130971

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:36
  • Bathrooms:26
  • Full Bathrooms:26
Appliances:Dishwasher
Air Cond:Central Air
Fireplaces:
Floor:Painted/Stained
Other:
  • Additional:Open Floorplan

Exterior Features

Lot:5 to < 10 Acres
Garage Capacity:36
Roof:Metal
Others:
  • Additional:Preowned
Parking Features:On Site
Principal Interest
$20,594
Taxes
$2,940

Home Price

$3,999,999

Loan Details

30 yrs
6.674%

Down Payment

20%
$800,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$20,593.73

Principal

Taxes

Principal Taxes HOA Total
Monthly $20,593.73 $2,939.92 $0.00 $23,533.65
Yearly $247,124.78 $35,279.00 $0.00 $282,403.78
Total $7,413,743.51 $1,058,370.00 $0.00 $8,472,113.51

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Stephenville, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T21:21:41.390Z

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