LOT 4R3 N OLLIE STREET, STEPHENVILLE, TX 76401

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Active

List Price$299,900

Lot 4R3 N Ollie Street

Stephenville, TX 76401

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Listing #21321426

0.45

Acre

Lots / Land

Type

About This Property

* 0.5+- Acre Multi-Family Development Site * 3-Street Frontage * Short Walk to TSU Location: Short Walk to Tarleton State University, Chamberlin and Hook Elementary 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 0.5+- acre tract offers unparalleled flexibility for a high-density residential project. Positioned just blocks from Tarleton State and Stephenville schools, this is the premier location for student housing, an apartment complex, or a luxury townhome community. Strategic Advantages: Location, Location, Location 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. Offered as four 0.5+- acre tracts or one 2.0 acre tract MLS#21222791 Invest in Stephenville's growth now! Contact us today for site details.

Property Features

Location Information

County

Erath

Subdivision

KIGHT SECOND ADDITION

Interior Features

Has Fireplace

No

Exterior Features

Utilities

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

Possible Best Use

Multi-Family, Residential,

Fencing

None

Zoning

Zoned R3 Single and Multi-Family

Lot Description

Corner Lot, Level, Few Trees

Development Status

Zoned

Lot Size in Acres

0.448

Road Description

City Street, All Weather Road, Asphalt

Lot Size in Sq. Ft.

19,514

Is One Story

No

Current Use

Vacant

Lot Description

Corner Lot, Level, Few Trees

School

Elementary School District

Stephenville ISD

Jr. High School

Stephenvil

Elementary School

Chamberlai

High School

Stephenvil

Additional Information

Property Type

LL

Has a Home Owners Association

No

Property SubType

Unimproved Land

Documents Available

Survey, Aerial

Status

Active

Lot Acres Source

Other

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Mortgage Calculator

$1,398

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$1,080

Monthly Tax

$249

Monthly Insurance

$69

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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