* 0.5+ Acre Multi-Family Development Site * 3-Street Frontage * Short Walk to TSU
Location: Short Walk to Tarleton State University, Chamberlain 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.
Property Details
- Lot Features
- Corner Lot, Level, Few Trees
- Lot Description
- Corner Lot, Level, Few Trees
- Acres
- 0.0
- Lot Size (sqft)
- 0.543
- Property Type
- Purchase
- Property Subtype Additional
- Unimproved Land
- Sewer Information
- Public Sewer
- Utility Source
- Public
- Utility Features
- Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available
- Subdivision
- KIGHT SECOND ADDITION
- School District
- Stephenville ISD
- Elementary School
- Chamberlai
- Middle School
- Stephenvil
- High School
- Stephenvil
- County
- Erath
- Region
- Stephenville
- Days on Market (Cumulative)
- 74
- MLS #
- 21321417
- Property Subtype
- UnimprovedLand
- Parcel Number
- R000077978-4R2
- MLS #
- 21321417
- Address
- Ollie Street
Location
Legal
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Provided By
Listed by Brad Harrison (#0740652)
Listing Office: Clark Real Estate Group (#CREG00SV)
