








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Stephenville at 304 Midnight Shadow, Stephenville, TX, 76401 offers a 7.98% rental yield on a $325,000 purchase with $2,160/mo rent. 22% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 95.03% and total cumulative return in cash at $102,385. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,160/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76401, Stephenville, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,869 (100%) |
| Owner Occupied HU | 6,585 (47.5%) |
| Renter Occupied HU | 5,603 (40.4%) |
| Vacant Housing Units | 1,681 (12.1%) |
| Median Home Value | $287,815 |
| Average Home Value | $397,085 |
Residential
12,970
Single Family
12,078
Multi-Family
892
Businesses
1,377
Date | Event | Price |
|---|---|---|
| 2025-05-13 | Listed for sale | $325,000 |
| 2012-07-24 | Sold | N/A |
| 2011-10-26 | Price change | $141,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-14 | $3194.42 | 11.67% | $260,920 | 9.10% |
| 2023-05-14 | $2860.51 | -16.19% | $239,150 | 13.98% |
| 2022-05-14 | $3412.96 | -0.48% | $209,820 | 16.88% |



Listed by: Sam Byrd • CLARK REAL ESTATE GROUP
Mls Name: NTREIS
Mls ID: #20935288
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.