715 N Paddock Street

Stephenville, Texas 76401

  • 0 Sqft
  • 1.952
    Acres(Lot)
$999,000

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

    Land
  • Subdivision

    Shapard & Collins
  • County

    Erath
  • Style

    Land
  • AD ID

    48351857

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Property Details

  • Utilities

    • City Sewer,City Water

    Cooling Features

    • None

    Heating Source

    • None
  • Building Information

    • Built Year: 9999

    Exterior Features

    • Other

    Fencing

    • Other
  • 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 Price Information

    • Original List Price: $999,000

    Listing Information

    • Possession: Closing/Funding
  • 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
  • Homeowners Association Information

    • HOA Type: None
  • 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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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved

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.