Lot 4R3 Ollie, Stephenville, TX 76401

$249,900

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List Price
$249,900
Price Change
▼ $50,000 1783498423
MLS#
21321426
Status
ACTIVE
Type
Land
Subtype
Land
Acres
0.45
County
Erath
City
Stephenville
Subdivision
KIGHT SECOND ADDITION

Property Description

* 0.5+- Acre Multi-Family Development Site * 3-Street Frontage * Short Walk to TSU Location: Short Walk to Tarleton State University, Chamberlin and Hook Elementary 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 0.5+- acre tract offers unparalleled flexibility for a high-density residential project. Positioned just blocks from Tarleton State and Stephenville schools, this is the premier location for student housing, an apartment complex, or a luxury townhome community. Strategic Advantages: Location, Location, Location 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. Offered as four 0.5+- acre tracts or one 2.0 acre tract MLS#21222791 Invest in Stephenville’s growth now! Contact us today for site​​‌​​​​‌​‌​​​​‌‌​​‌‌​‌‌​​‌​​​‌​‌ details.

Additional Information

Lot Size
19,514
Lot Description
Corner Lot, Level, Few Trees
School District
Stephenville Isd
Elementary School
Chamberlai
Middle School
Stephenvil
High School
Stephenvil
Proposed Use
Multi-Family, Residential, Single Family
Possession
CloseOfEscrow

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Calculator source: Real Geeks

Listing courtesy of Brad Harrison from Clark Real Estate Group. Contact: (817) 458-0402