Description
Located less than a mile from tarleton state university, this property offers investors a rare opportunity to capitalize on a high-demand market. zoned for both residential (r-2) and industrial use, the site provides flexibility for multiple development strategies, including student housing—one of the most lucrative options in this location. adjacent to the newly developed purple rail townhomes, the property is ideally positioned to attract consistent rental demand and long-term appreciation. for a seamless start, the purchase includes professionally designed plans for 33 townhome units, developed by a team of architects, engineers, and project managers, saving investors significant time and upfront costs. with its prime location, existing plans, and built-in demand, this is a turnkey opportunity to maximize returns while contributing to the continued growth of the community.
Property Type
LandSubdivision
Shapard & CollinsCounty
ErathStyle
LandAD ID
48351857
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Property Details
-
Interior Features
Utilities
- City Sewer,City Water
Cooling Features
- None
Heating Source
- None
-
Exterior Features
Building Information
- Built Year: 9999
Exterior Features
- Other
Fencing
- Other
-
Property / Lot Details
Lot Information
- Lot Size (Acr): 1.9520
- Lot Size Units: Acres
- Lot Size Square Feet: 85029.1200
- Lot Size Source: Assessor
- Lot Features: Acreage
Property Information
- Property Type: Land
- Property Sub Type: Unimproved Land
- Subdivision: Shapard & Collins
- City: Stephenville
- State: Texas
- Directions: USE ADDRESS IN GPS - 715 N Paddock St, Stephenville. 5 Lots total, see photos and survey.
- Property Status: Active
-
Listing Information
Listing Price Information
- Original List Price: $999,000
Listing Information
- Possession: Closing/Funding
-
Taxes / Assessments
Tax Information
- Parcel Number: R000033253
- Tax Block: 9
- Tax Legal Description: S5700 SHAPARD & COLLINS; BLOCK 9; LOT 1 & 2
- Tax Lot: 1
- Unexempt Taxes: $1,135
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Homeowners Association Information
- HOA Type: None
-
School, Utilities & Location Details
School Information
- Elementary School: Central
- High School: Stephenvil
- Intermediate School: Gilbert
- School District: Stephenville ISD
Utility Information
- Utilities: City Sewer,City Water
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BuyOwner last updated this listing 01/21/2025 @ 05:42
- MLS: 448356021
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: NTREIS - North Texas Real Estate Information
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 2 sized lot, and 0 parking. A comparable Land, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Stephenville , in zip code 76401, this Erath County Land , it is in the Shapard & Collins Subdivision, and are nearby neighborhoods.