133 Horseshoe BndStephenville, TX 76401

This exceptional investment opportunity presents a 376-foot deep water well situated on acreage in Stephenville, Texas, within Erath County (zip code 76401). Currently serving a 48-tap mobile home park located outside city limits, this income-producing well boasts a 100% occupancy rate. Each tap generates a consistent monthly revenue of $53, providing a substantial and stable income stream. The well is connected to the Trinity River, ensuring a reliable and abundant water supply. Further enhancing its value, the property includes a certificate of convenience and necessity. Significant upside potential exists through various strategies, including raising below-market rents or implementing additional service fees. The asking price is $299,000. This property is classified as Special Purpose, specifically an Income Producing Well With Additional Acreage. The property is located at 133 Horseshoe Bend, Stephenville, TX. This presents a rare chance to acquire a proven, high-yield water well investment with considerable room for growth.