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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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120 Clark Ln , Stephenville, TX 76401
$469,000
Est. Payment: $2,634.25/mo
3 Bed
3.5 Bath
2175 Sqft
0.06 Acres
Status: active | Days on site: 25
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House Description

Highly desirable new build at The Terraces at Clark Lane Townhomes in Stephenville, offering modern living with excellent flexibility as a personal residence or investment property. Other residences within the development provide strong rental benchmarks, with short-term rentals generating up to approximately $5,000 per month and long-term rentals achieving approximately $3,500 per month. These figures are benchmarks from other properties and are not current income for this home. This thoughtfully designed townhome features three bedrooms, three full bathrooms, a dedicated office that could be converted into a fourth bedroom if desired, an open-concept living area, and a two-car garage. The private rooftop deck is a standout feature, providing an ideal space for entertaining or enjoying the Texas evenings. Conveniently located near Tarleton State University, downtown Stephenville, shopping and dining, this property offers modern construction, desirable amenities and the flexibility to make it your home or pursue a short- or long-term rental strategy.

Highlights

Listed by Tristan Maynard , Keller Williams Frisco Stars , North Texas Real Estate Information Systems

Property Type

Condo/Townhome

Lot/Acreage
0.06

HOA Fee

150 Monthly

Year Built

2026

County

Erath

Neighborhood

The Terraces at Clark Lane

School District

Stephenville ISD

Listing ID

21386345

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:3.5
  • ▪ Full Bathrooms:3
  • ▪ 1/2 Bathrooms:1
Appliances:Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
Air Cond:Ceiling Fan(s),Central Air
Fireplaces:
Floor:Carpet,Luxury Vinyl Plank
Other:
  • ▪ Additional:Decorative Lighting, Double Vanity, Kitchen Island, Open Floorplan, Walk-In Closet(s)

Exterior Features

Lot:Less Than .5 Acre (not Zero)
Lot Dimensions:27 x 100
Roof:Composition
Others:
  • ▪ Additional:New Construction - Complete
Parking Features:Driveway,Garage,Garage Door Opener,Garage Faces Front
Principal Interest
$2,634
Taxes
$299
HOA
$150

Home Price

$469,000

Loan Details

30 yrs
7.542%

Down Payment

20%
$93,800
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:
$2,634.25

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $2,634.25 $298.99 $150.00 $3,083.24
Yearly $31,611.02 $3,587.85 $1,800.00 $36,998.87
Total $948,330.67 $107,635.50 $54,000.00 $1,109,966.17

Today's Rates

30 Year

7.54%

20 Year

7.2%

15 Year

6.73%

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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: 2026-10-11T06:04:59.563Z

© 2026 North Texas Real Estate Information Systems