955 N OLLIE STREET, STEPHENVILLE, TX 76401

Homes for sale in Stephenville.

Homes for sale in 76401.


955 N Ollie Street

Stephenville, TX 76401

Active

List Price$999,900

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21222791

2

Acres

Lots / Land

Type

About This Property

* 2.0 Acre Multi-Family Development Site * 3-Street Frontage * Short Walk to TSU Location: 10-Minute Walk to Tarleton State University Campus 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 2.0 acre tract consists of four 0.5+or- acre lots, offering unparalleled flexibility for a high-density residential project. Positioned just blocks from Tarleton State, this is the premier location for student housing, an apartment complex, or a luxury townhome community. Strategic Advantages: 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. Invest in Stephenville's growth now! Contact us today for site details.

Property Features

Location Information

County

Erath

Subdivision

Kight 2nd Add

Interior Features

Has Fireplace

No

Exterior Features

Utilities

Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available

Zoning

R3 Multi-Family

Lot Description

Corner Lot, Level, Few Trees, City Lot

Development Status

Zoned

Lot Size in Acres

2

Road Description

City Street, All Weather Road, Asphalt

Lot Size in Sq. Ft.

87,120

Is One Story

No

Possible Best Use

Multi-Family, Residential,

Lot Description

Corner Lot, Level, Few Trees, City Lot

School

Elementary School District

Stephenville ISD

High School

Stephenvil

Elementary School

Chamberlai

Additional Information

Property Type

LL

Has a Home Owners Association

No

Property SubType

Unimproved Land

Documents Available

Aerial, Survey

Status

Active

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Mortgage Calculator

$4,669

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$3,603

Monthly Tax

$833

Monthly Insurance

$233

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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