Investment opportunity just outside Stephenville! Located at 5209 US Hwy 67 on a prime corner of US Hwy 67 and CR 488, this unique 3-acre property offers multiple income-producing possibilities or multi-family living. The property includes three mobile homes: two spacious 3-bedroom, 2-bath units and one 2-bedroom, 1-bath unit, providing flexibility for rental income, extended family use, or a combination of both. With highway frontage and excellent visibility, the property offers convenient access to Stephenville while maintaining a rural feel. The layout allows for separation between residences, making it ideal for tenants or multi-generational living arrangements. Whether you're an investor looking to expand your portfolio or a buyer seeking versatile property with income potential, this tract delivers. Please note: the owner intends to retain a life estate on the mobile home located at 205 CR 488. This arrangement presents a unique opportunity to acquire the remaining improvements and land at a compelling value while planning for future full use. Opportunities like this-offering acreage, multiple residences, and highway access-are rare in this growing area of Erath County. Don't miss your chance to secure a flexible property with strong upside potential in one of North Central Texas' most desirable markets. Call Preferred Properties of Texas 254-965-7775 today to schedule your showing and don't miss out on the rare opportunity.