00 ROSEBUD DRIVE, STEPHENVILLE, TX 76401
Homes for sale in Stephenville.
Homes for sale in 76401.
List Price$555,000
00 Rosebud Drive
Stephenville, TX 76401
Listing #21037808
About This Property
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.
Property Features
Location Information
County
Erath
Subdivision
North Hillcrest
Interior Features
Has Fireplace
No
Exterior Features
Utilities
Electricity Available, None, Overhead Utilities, Sewer Available, Water Available
Zoning
R-3 Multi Family
Lot Description
Acreage, Few Trees, City Lot
Road Description
City Street, All Weather Road
Lot Size in Acres
1.241
Is One Story
No
Lot Size in Sq. Ft.
54,057
Lot Description
Acreage, Few Trees, City Lot
School
Elementary School District
Stephenville ISD
High School
Stephenvil
Elementary School
Central
Additional Information
Property Type
LL
Tax Annual Amount
696.0
Property SubType
Unimproved Land
Community Features
Curbs
Status
Active
Documents Available
Floorplan, Survey
Has a Home Owners Association
No
Similar Listings
Mortgage Calculator
$2,590
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,999
Monthly Tax
$462
Monthly Insurance
$129
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing courtesy of
Jeff Withers, Stag Residential
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NTREIS - North Texas data last updated at May 24, 2026, 3:43 PM CT
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