$449,000
●
Townhouse -
Off Market
142 Clark Lane #142
Stephenville, TX 76401
3 Beds
1 Bath,
1
Half Bath
2,268 Ft²
$2,429
Est. Monthly
$115
HOA / Fees
4.48%
Cap Rate
About This Property
Welcome to the Terraces at Clark Lane Townhomes, a rare luxury
urban living opportunity in the heart of Stephenville, TX. The
perfect home for college faculty and students alike, or an
incredible investment opportunity for all. Our exquisite property
boasts a plethora of coveted amenities designed to elevate your
comfort and convenience. Step inside these elegantly appointed
homes to uncover a generously proportioned layout that harnesses
abundant natural light, creating a warm and inviting ambiance. The
rooftop deck serves as an idyllic sanctuary for relaxation and
entertainment, offering panoramic vistas of the Bosque Trails and
downtown Stephenville. A sleek, contemporary kitchen awaits,
featuring state-of-the-art stainless steel appliances seamlessly
harmonizing with stunning quartz countertops. The location of
Terraces at Clark Lane Townhomes is unrivaled, placing you within a
stone's throw of the Bosque Trail and downtown Stephenville.
Immerse yourself in a world of outdoor activities such as hiking,
biking, and jogging with effortless accessibility. Ready for
occupancy starting November 16th, 2024.
Unit Size
2,268 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$198
Property Type
Townhouse
Property Taxes
$109
HOA Dues
$115
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (NTREIS #20768990)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 17, 2025 | Sold | ||
| Sold | |||
| Nov 1, 2024 | Listed by Keller Williams Realty | $449,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Garage Height: 9
Garage Length: 23
Garage Width: 21
Garage Spaces: 2
Parking Features: 0
Interior Details
Interior Features: Built-in Features, High Speed Internet Available, Loft, Multiple Staircases
Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Refrigerator, Washer
Flooring Type: Carpet, Ceramic Tile
Dimension: 10.00 x 13.00
Level: 2
Dimension: 10.00 x 12.00
Level: 2
Dimension: 10.00 x 12.00
Level: 2
Dimension: 10.00 x 12.00
Level: 2
Dimension: 10.00 x 12.00
Level: 2
Dimension: 10.00 x 12.00
Level: 2
Dimension: 10.00 x 12.00
Level: 2
Exterior Details
Foundation Details: Slab
Roof: Composition, Metal
Construction Materials: Frame, Rock/Stone, Siding, Stone Veneer, Wood
Adjacent to Greenbelt
Lot Size Dimensions: 100x27
Lot Size Source: Builder
Lot Size Acres: 0.0620
Financial Details
Tax Block: 85
Tax Lot: 1
Unexempt Taxes: $1,303
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Heat Pump
Heating Type: Electric
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Management Fees
HOA Fee: $115
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/01/2024
|
3 Bed
|
1 Bath
|
2268 ft²
|
$449,000
3 Bed
1 Bath
2268 ft²
|
$449,000
01/17/2025
|
Meleese Hoss
Compass RE Texas, LLC
|
Building Info
About Stephenville
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Meleese Hoss, Keller Williams Realty
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20768990
Details provided by NTREIS and may not match the public record
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20768990
Details provided by NTREIS and may not match the public record
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