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Investment Highlights

  • 3 Street Frontage
  • Zoned R3
  • Electric, Water, & Sewer Services Available On-Site

Property Facts

Price $999,900
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 2.00 AC
Zoning R3 Multi-Family

1 Lot Available

Lot

Price $999,900
Price Per AC $499,950.00
Lot Size 2.00 AC

* 2.0 Acre Multi-Family Development Site * 3-Street Frontage * Short Walk to TSU Location: 10-Minute Walk to Tarleton State University Campus Zoning: R3 (Single or Multi-Family Residential)

Description

* 2.0 Acre Multi-Family Development Site * 3-Street Frontage * Short Walk to TSU Location: 10-Minute Walk to Tarleton State University Campus Zoning: R3 (Single or Multi-Family Residential) Utilities: Electric, Water, and Sewer Services Available On-Site The Opportunity: Seize a rare, shovel-ready development opportunity in the heart of Stephenville, Texas. This prime 2.0 acre tract consists of four 0.5+or- acre lots, offering unparalleled flexibility for a high-density residential project. Positioned just blocks from Tarleton State, this is the premier location for student housing, an apartment complex, or a luxury townhome community. Strategic Advantages: Superior Accessibility: This is a rare opportunity with convenient street access on three sides, allowing for creative site plans, optimized parking layouts, and easy ingress-egress. High-Density Potential: Currently zoned R3, the land supports diverse construction possibilities from single-family homes to high-occupancy multi-family units. Infrastructure Ready: Save time and capital—Electric, City Water, and Sewer services are already available, significantly lowering your pre-development hurdles. Market Demand: Situated in one of Stephenville's most sought-after pockets, capturing the consistent demand for housing near the university. Whether you are looking to build a single residence multi-unit complex or a high-end residential enclave, the layout and size of this property allow for maximum creativity and ROI. Invest in Stephenville’s growth now! Contact us today for site details.

Fairly walkable
50/100
Moderately drivable
70/100
Moderately bikeable
60/100
  • Listing ID: 40005130

  • Date on Market: 4/2/2026

  • Last Updated:

  • Address: 955 N Ollie St, Stephenville, TX 76401

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