632 N OLLIE STREET, STEPHENVILLE, TX 76401
Homes for sale in Stephenville.
Homes for sale in 76401.
632 N Ollie Street
Stephenville, TX 76401
List Price$179,000
Listing #21247901
About This Property
Investor opportunity just steps from Tarleton State University! This 2-bedroom, 1-bath single-family home offers immediate and stable cash flow with a tenant in place through June 30, 2027 at $1,400 per month. Ideally located within walking distance to campus, the property benefits from consistent rental demand driven by Tarleton State's continued growth as a Division I university with steadily increasing enrollment. This prime location makes it highly attractive for student or faculty housing, supporting long-term investment potential. The home's manageable size and layout provide low maintenance ownership, while the existing lease ensures reliable income from day one. Whether you're expanding your portfolio or seeking a turnkey rental in a high-demand area, this property presents a compelling opportunity for both current returns and future appreciation.
Property Features
Location Information
County
Erath
Subdivision
College Heights
Interior Features
Interior
Built-in Features, Eat-in Kitchen, Granite Counters, High Speed Internet
Cooling
Central Air, Electric, Wall/Window Unit(s)
Full Baths
1
Floors
Luxury Vinyl Plank
Has Fireplace
No
Appliances
Electric Range
Heating
Central, Electric
Total Number of Units
1
Exterior Features
Stories
1
Lot Description
Interior Lot
Exterior
Fire Pit, Storage
Lot Size in Acres
0.12
Foundation
Pillar/Post/Pier
Lot Size in Sq. Ft.
5,227
Roof
Asphalt
Buildings
1
Utilities
Sewer Available, Water Available
Building Total Area (Sq. Ft.)
938
Parking Description
Driveway
Is One Story
Yes
Fencing
Chain Link, Privacy, Wood
Lot Description
Interior Lot
Pool Description
None
School
Elementary School District
Stephenville ISD
High School
Stephenvil
Elementary School
Chamberlai
Additional Information
Year Built Details
Preowned
Has a Home Owners Association
No
Property Type
RI
Tax Annual Amount
1723.0
Year Built
1947
Lot Acres Source
Assessor
Status
Active
Similar Listings
Mortgage Calculator
$835
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$645
Monthly Tax
$149
Monthly Insurance
$41
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
Eric Hayden, Ebby Halliday Realtors
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NTREIS - North Texas data last updated at May 1, 2026, 6:14 PM CT
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