3050 W WASHINGTON, STEPHENVILLE, TX 76401

Homes for sale in Stephenville.

Homes for sale in 76401.


Active

List Price$4,000,000

3050 W Washington

Stephenville, TX 76401

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Listing #21035008

Commercial

Type

About This Property

Premier development opportunity at 3050 W Washington Street, one of the most visible and heavily traveled corridors in Stephenville, Texas. This exceptional 26+ acre tract boasts extensive frontage along Washington Street (US Highway 377), supported by some of the highest TxDOT traffic counts within city limits. Utilities are already on site, allowing for efficient and timely development. The property is currently zoned B-2, accommodating a wide range of high-demand commercial uses including retail, restaurants, hotels, banks, churches, medical, and service-oriented businesses. With strong visibility, easy access, and a central location, the site is ideally positioned for destination and daily-use development alike. Stephenville--known as the "Cowboy Capital of the World"--serves as the regional hub for Erath County and surrounding communities. Anchored by Tarleton State University, the city continues to experience sustained population growth, expanding enrollment, and increasing consumer demand. The local economy is diversified across education, healthcare, agriculture, and retail, making Stephenville a stable and attractive market for long-term investment. The rear portion of the property offers an additional value-add opportunity and would be well-suited for future residential development, subject to rezoning--creating potential for a mixed-use project in a growing corridor. This is a rare opportunity to secure a large-scale, high-visibility development site in one of North Central Texas' most active and expanding markets.

Property Features

Location Information

County

Erath

Subdivision

None

Interior Features

Has Fireplace

No

Cooling

None

Heating

None

Total Number of Units

0

Exterior Features

Utilities

Sewer Available, Water Available

Zoning

B-2

Lot Description

Acreage, Few Trees

Road Description

Highway

Lot Size in Acres

26.914

Is One Story

No

Lot Size in Sq. Ft.

1,172,373

Lot Description

Acreage, Few Trees

Possible Best Use

Food Service, Hotel/Motel,

Additional Information

Property Type

COM

Documents Available

Aerial

Property SubType

Unimproved Land

Lot Acres Source

Assessor

Status

Active

Similar Listings

Mortgage Calculator

$18,680

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$14,414

Monthly Tax

$3,333

Monthly Insurance

$933

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

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