955 N OLLIE STREET, STEPHENVILLE, TX 76401
Homes for sale in Stephenville.
Homes for sale in 76401.
955 N Ollie Street
Stephenville, TX 76401
List Price$999,900
Listing #21222791
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
Similar Listings
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
Listing courtesy of
Brad Harrison, Clark Real Estate Group

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NTREIS - North Texas data last updated at April 29, 2026, 3:35 PM CT
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