715 N PADDOCK STREET, STEPHENVILLE, TX 76401
Homes for sale in Stephenville.
Homes for sale in 76401.
List Price$699,000
715 N Paddock Street
Stephenville, TX 76401
Listing #21152834
About This Property
RARE turnkey in Prime location with existing plans to include 33 townhomes. The word is out Tarleton is D-1 and the buying window is short before the large funds come to town. With Tarleton State University less than 1 mile, this property offers investors an opportunity to capitalize on the demand needed for student housing. Zoned for both residential (R-2) and industrial use, the site provides flexibility for multiple development strategies in addition to the student housing. Adjacent to the newly developed Purple Rail townhomes, the property is ideally positioned to attract consistent rental demand and long-term appreciation. The 33 townhome units were developed by a team of architects, engineers and project managers. This is ready to go saving you significant time and money in the development process. Get in before you can not afford to!
Property Features
Location Information
County
Erath
Subdivision
Shapard & Collins
Interior Features
Has Fireplace
No
Cooling
None
Heating
None
Exterior Features
Exterior
Other
Lot Size in Sq. Ft.
85,029
Utilities
Sewer Available, Water Available
Current Use
Investment, Other
Fencing
Other
Possible Best Use
Industrial, Investment, Mul
Other Structures
Other
Zoning
One and two-family residential (R-2) and Industria
Horse Amenities
Other
Road Description
City Street, Asphalt
Lot Description
Acreage, City Lot
Is One Story
No
Lot Size in Acres
1.952
Lot Description
Acreage, City Lot
School
Elementary School District
Stephenville ISD
High School
Stephenvil
Elementary School
Central
Additional Information
Property Type
LL
Tax Annual Amount
1135.0
Property SubType
Unimproved Land
Documents Available
Aerial, Engineering Report, Other, Survey, Topographical Survey
Status
Active
Lot Acres Source
Assessor
Has a Home Owners Association
No
Similar Listings
Mortgage Calculator
$3,263
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,518
Monthly Tax
$582
Monthly Insurance
$163
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
Jamie Wooley, Citiwide Alliance Realty
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NTREIS - North Texas data last updated at May 15, 2026, 6:47 PM CT
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