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124 Clark Ln, Stephenville, TX, 76401

3beds
3baths
2,175sqft
$475,000
$218price/sqft
$3,418/moest. monthly cost
$136,720/yrincome needed

About This Home

The Terraces at Clark Lane Townhomes offer modern luxury and convenience. This prime location makes The Terraces at Clark Lane perfect for students, transfer staff, investors or those looking to simplify with out sacrificing luxury. The sleek and spacious open floor plan makes entertaining and everyday living a breeze. The upstairs loft area makes a perfect landing plan to relax, create an office space or game room. The two car garage is ideal for additional storage and secure parking. The prime location makes access easy to all Stephenville has to offer. This townhome is well furnished making it turn key for a long or short term rental. Estimated completion date 5-1-2026

Getting Around

35
WalkingCar-Dependent
0
TransitVery Limited Transit
35
BikeSomewhat Bikeable

Schools

--
Central Elementary SchoolGrades PK-K0.9 mi
9/10
6/10
Stephenville High SchoolGrades 9-122.5 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Frame,Rock,Stone,Stone Veneer

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary/Modern
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Electric Water Heater,Disposal,Microwave,Refrigerator

Bedroom

  • Features: Walk-In Closet(s)
  • Level: Second
  • Dimensions: 13 x 10

Bedroom

  • Features: Walk-In Closet(s)
  • Level: Second
  • Dimensions: 12 x 10

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Dining Room

  • Level: First
  • Dimensions: 10 x 15

Features

  • Decorative/Designer Lighting Fixtures,Eat-in Kitchen,Granite Counters,Kitchen Island,Loft,Open Floorplan,Walk-In Closet(s)
  • Flooring: Carpet,Ceramic Tile,Luxury Vinyl Plank

Half Bath

  • Level: First
  • Dimensions: 6 x 7

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total interior livable area: 2,175 sqft

Kitchen

  • Features: Built-in Features,Eat-in Kitchen,Granite Counters,Kitchen Island
  • Level: First
  • Dimensions: 15 x 8

Laundry

  • Features: Built-in Features
  • Level: Second
  • Dimensions: 9 x 7

Living Room

  • Level: First
  • Dimensions: 11 x 15

Loft

  • Level: Second
  • Dimensions: 15 x 13

Master Bathroom

  • Features: Granite Counters
  • Level: Second
  • Dimensions: 16 x 8

Master Bedroom

  • Features: Walk-In Closet(s)
  • Level: Second
  • Dimensions: 15 x 13

Other

  • Features: Granite Counters
  • Level: Second
  • Dimensions: 8 x 5

Property

Details

  • Parcel number: R000078599

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Fencing: Other

Lot

  • Lot size: 2,134 sqft

Parking

  • Total spaces: 1
  • Parking features: Driveway,Garage,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Tornado
Strong Wind
Wildfire
Winter Weather

FEMA Declared Disasters Across Texas Counties

Fire
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,401$28,812
Home Insurance *$431$5,172
Property Taxes $348$4,176
Electricity $238$2,865
Total$3,418$41,016
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$117,188/yr
40% on housing$102,540/yr
45% on housing$91,146/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.3%
6.3%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -1.3%
-1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$218This listing

vs Other Active Listings

Avg $/sqft

ZIP 76401$297
Erath County$315

vs Homes Sold Last Month

Median $/sqft

ZIP 76401$192
Erath County$201

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-01-21Listed for sale$475,000

New Construction

AgentLori Mills
BrokerageClark Real Estate Group

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