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3050 W Washington St - 3050 W Washington/Highway 377 26 Acres of Commercial Land Offered at $4,000,000 in Stephenville, TX 76401



Investment Highlights
- 26 acres with direct US Highway 377 frontage
- Minutes from Tarleton State University and growing medical district
- B-2 zoning with all utilities available — shovel-ready
- Seller will subdivide — flexible parcels available
Executive Summary
3050 W Washington/Highway 377 presents a premier commercial development opportunity on 26 acres in one of the most rapidly growing corridors in Stephenville, Texas. Positioned directly on US Highway 377 — one of the region's highest-traffic arterials — this property offers exceptional visibility and frontage for a wide range of commercial, retail, medical, hospitality, or mixed-use development concepts.
The site benefits from B-2 commercial zoning, providing flexibility for a variety of permitted uses without the need for rezoning. Utilities including water, sewer, and electricity are available, making this a shovel-ready development opportunity. The 26-acre footprint provides the scale needed for a master-planned commercial project, multi-pad retail center, medical campus, or large single-user facility.
Stephenville serves as the economic hub of Erath County and is home to Tarleton State University, a rapidly expanding institution within the Texas A&M University System. The university's continued growth — including new academic buildings, student housing, and athletic facilities — is driving sustained population increases and creating strong demand for retail, dining, services, and healthcare in the surrounding market. The city also benefits from a growing healthcare presence, a diversified agricultural economy, and its role as the regional service center for a broad rural trade area.
Highway 377 connects Stephenville to the DFW Metroplex, providing a direct corridor to one of the nation's largest and fastest-growing metropolitan areas. The surrounding area has seen significant recent development including new residential subdivisions, national retailers, and commercial construction — all indicators of a market with strong momentum and long-term upside.
The seller is motivated and will consider offers on individual parcels or the entire tract. This is a rare opportunity to acquire a large-scale, highway-frontage commercial site in a market with limited competitive supply and strong underlying demand fundamentals.
The site benefits from B-2 commercial zoning, providing flexibility for a variety of permitted uses without the need for rezoning. Utilities including water, sewer, and electricity are available, making this a shovel-ready development opportunity. The 26-acre footprint provides the scale needed for a master-planned commercial project, multi-pad retail center, medical campus, or large single-user facility.
Stephenville serves as the economic hub of Erath County and is home to Tarleton State University, a rapidly expanding institution within the Texas A&M University System. The university's continued growth — including new academic buildings, student housing, and athletic facilities — is driving sustained population increases and creating strong demand for retail, dining, services, and healthcare in the surrounding market. The city also benefits from a growing healthcare presence, a diversified agricultural economy, and its role as the regional service center for a broad rural trade area.
Highway 377 connects Stephenville to the DFW Metroplex, providing a direct corridor to one of the nation's largest and fastest-growing metropolitan areas. The surrounding area has seen significant recent development including new residential subdivisions, national retailers, and commercial construction — all indicators of a market with strong momentum and long-term upside.
The seller is motivated and will consider offers on individual parcels or the entire tract. This is a rare opportunity to acquire a large-scale, highway-frontage commercial site in a market with limited competitive supply and strong underlying demand fundamentals.
Property Facts
1 Lot Available
Lot
| Price | $4,000,000 | Lot Size | 26.00 AC |
| Price Per AC | $153,846.15 |
| Price | $4,000,000 |
| Price Per AC | $153,846.15 |
| Lot Size | 26.00 AC |
26 acres of B-2 commercial land on US Hwy 377 in Stephenville, TX. Exceptional visibility, all utilities available. Ideal for retail, medical, hospitality, or mixed-use development. Seller will subdivide.
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Property Taxes
| Parcel Number | R000044948 | Improvements Assessment | $0 |
| Land Assessment | $1,383,210 | Total Assessment | $1,383,210 |
Property Taxes
Parcel Number
R000044948
Land Assessment
$1,383,210
Improvements Assessment
$0
Total Assessment
$1,383,210
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3050 W Washington St - 3050 W Washington/Highway 377
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