00 Rosebud Dr, Stephenville, TX 76401

$525,000

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List Price
$525,000
Price Change
▼ $30,000 1780471766
MLS#
21037808
Status
ACTIVE
Type
Land
Subtype
Land
Acres
1.24
County
Erath
City
Stephenville
Subdivision
North Hillcrest

Property Description

Excellent opportunity to acquire a strategically located parcel zoned R3 Multifamily, just over one mile from Tarleton State University. This property offers strong potential for a 25–30 unit multifamily development, aligning with the high rental demand driven by student housing, faculty, and the growing local workforce. The site is positioned for investors and developers seeking a value-add project in a market with consistent occupancy rates and steady rental demand. With multifamily land in limited supply this close to campus, this tract represents a rare chance to capitalize on both location and zoning flexibility.

Additional Information

Unexempt Taxes
$696
Lot Size
54,057
Lot Description
Few Trees, City Lot
School District
Stephenville Isd
Elementary School
Central
Middle School
Gilbert, Stephenvil
High School
Stephenvil
Possession
CloseOfEscrow
Community Features
Curbs

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Calculator source: Real Geeks

Listing courtesy of Jeff Withers from Stag Residential. Contact: