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Financing available

$469,000

120 Clark Lane, Stephenville, TX 76401

3
beds
3.5
baths
2,175
sqft

Est. with seller financing: $3,765/mo

  • Townhome
  • Built in 2026
  • 2,614 sq ft lot
  • $216/sqft
  • $150/mo HOA
  • Erath County

Interested in this home?

Seller financing is available to qualified buyers.

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About this home

Highly desirable new build at The Terraces at Clark Lane Townhomes in Stephenville, offering modern living with excellent flexibility as a personal residence or investment property. Other residences within the development provide strong rental benchmarks, with short-term rentals generating up to approximately $5,000 per month and long-term rentals achieving approximately $3,500 per month. These figures are benchmarks from other properties and are not current income for this home. This thoughtfully designed townhome features three bedrooms, three full bathrooms, a dedicated office that could be converted into a fourth bedroom if desired, an open-concept living area, and a two-car garage. The private rooftop deck is a standout feature, providing an ideal space for entertaining or enjoying the Texas evenings. Conveniently located near Tarleton State University, downtown Stephenville, shopping and dining, this property offers modern construction, desirable amenities and the flexibility to make it your home or pursue a short- or long-term rental strategy.

Facts & features

Interior

Features

  • Decorative Designer Lighting Fixtures
  • Double Vanity
  • Kitchen Island
  • Open Floorplan
  • Walk In Closets

Heating & cooling

  • Heating: Electric
  • Cooling: Central Air, Ceiling Fans

Flooring

  • Carpet
  • Luxury Vinyl Plank

Appliances

  • Dishwasher
  • Electric Range
  • Electric Water Heater
  • Disposal
  • Microwave
  • Refrigerator

Laundry

  • Washer Hookup
  • Dryer Hookup

Exterior & lot

Construction

  • Style: Contemporary Modern
  • Stories: 2
  • Roof: Composition
  • Foundation: Slab
  • Materials: Frame, Rock, Stone, Stone Veneer

Parking

  • Garage spaces: 2
  • Driveway
  • Garage Faces Front
  • Garage
  • Garage Door Opener

Community

Neighborhood

  • Subdivision: The Terraces at Clark Lane

HOA

  • The Terraces HOA Inc

Schools

  • District: Stephenville ISD
  • Middle: Gilbert,Stephenvil
  • High: Stephenvil

Financial & listing details

Listing

  • Price per sq ft: $216
  • County: Erath
  • Financing: Financing available from HFP, powered by Doorly

Estimated payment with seller financing

Est. seller-financed payment

$3,765/mo

Principal & interest
$3,396/mo
Property taxes
Not available
Homeowners insurance (est.)
$219/mo
HOA dues
$150/mo
Loan amount
$422,100
Seller financing rate (est.)
9.00%
Term
30-year fixed
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This estimate uses our seller financing program's rate. Taxes are from listing data (not available for this home) and insurance is estimated. Your actual payment may be higher. Estimate only. Your final rate, payment, and terms are based on approval. This is not a commitment to lend.

How buying this home works

  1. 1

    Get qualified

    We look at your ability to pay, not just a credit score. Self-employed and ITIN buyers welcome.

  2. 2

    Pick this home

    Once you're approved, tell us this is the one. We handle the purchase from the seller.

  3. 3

    Move in

    We resell the home to you at closing, so the title is in your name. Then make one fixed monthly payment, no bank required.

Location

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We can help.

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Seller financing for this home is available to qualified buyers from HFP, powered by Doorly, only on this site. The seller and listing agent are not affiliated with HFP and cannot offer this program directly.

See If You Qualify

Listing courtesy of Tristan Maynard, Keller Williams Frisco Stars · MLS #21386345 ·

Listing information provided by North Texas Real Estate Information Systems (NTREIS) through IDX. Information is deemed reliable but not guaranteed and should be independently verified. Last updated Oct 9, 2026.

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