See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1723 Sully Ct, Stephenville, TX, 76401

3beds
2baths
1,386sqft
$280,000
$202price/sqft
$2,294/moest. monthly cost
$91,760/yrincome needed

About This Home

Turnkey investment opportunity in an established neighborhood just minutes from Tarleton State University. This 3-bedroom, 2-bath brick home is currently leased at $2,100 per month through May 31, 2027, offering immediate and reliable cash flow. The property features a durable brick exterior and a functional layout that appeals to long-term tenants, while its proximity to Tarleton State—an expanding Division I university with growing enrollment— supports strong and consistent rental demand. Located in a community with a small HOA that covers front lawn maintenance, this home offers added convenience and reduced upkeep, making it an attractive low-maintenance addition to any portfolio. A solid opportunity for investors seeking stable income, minimal maintenance, and long-term growth potential in a high-demand rental market.

Getting Around

32
WalkingCar-Dependent
0
TransitVery Limited Transit
35
BikeSomewhat Bikeable

Schools

10/10
Hook Elementary SchoolGrades 3-40.6 mi
9/10
6/10
Stephenville High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 1998

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Electric Range

Bedrooms & Bathrooms

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

Features

  • Built-in Features,Decorative/Designer Lighting Fixtures,Eat-in Kitchen,Cable TV
  • Window features: Window Coverings
  • Flooring: Luxury Vinyl Plank

Heating & Cooling

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

Interior Area

  • Total structure area: 1,386
  • Total interior livable area: 1,386 sqft

Property

Details

  • Parcel number: R000064175

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Covered
  • Fencing: Privacy,Wood

Lot

  • Lot size: 4,530 sqft
  • Features: Interior Lot

Parking

  • Total spaces: 2
  • Parking features: Garage Faces Front,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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 $1,415$16,980
Home Insurance *$254$3,048
Property Taxes $387$4,644
Electricity $238$2,859
Total$2,294$27,528
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$78,651/yr
40% on housing$68,820/yr
45% on housing$61,173/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

$202This listing

vs Other Active Listings

Avg $/sqft

ZIP 76401$299
Erath County$316

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
2026-04-30Listed for sale$280,000
2025-04-08Listing removed$1,900
2025-04-01Price change$1,900
2024-11-07Listed for rent$2,000
2024-07-23Listing removed--
2024-07-18Listed for rent$2,000
2023-05-18Listing removed--
2023-04-27Listed for rent$1,700
2022-05-13Listing removed--
2022-04-29Listed for rent$1,700
2018-08-18Listing removed$1,350
2018-07-25Listed for rent$1,350
2017-06-10Listing removed$1,300
2017-05-11Listed for rent$1,300
2014-01-13Listing removed$127,000
2013-09-21Listed for sale$127,000
2013-04-26Sold--
2012-09-12Listed for sale$119,000

For Sale by Agent

AgentEric Hayden
BrokerageEbby Halliday Realtors

Similar Homes