Active
715 N Paddock Street
Stephenville TX, 76401
$999,000
$12.26 per sqft
Active
1.87 Acres
Land
Located less than a mile from Tarleton State University, this property offers investors a rare opportunity to capitalize on a high-demand market. Zoned for both residential (R-2) and industrial use, the site provides flexibility for multiple development strategies, including student housing--one of the most lucrative options in this location. Adjacent to the newly developed Purple Rail townhomes, the property is ideally positioned to attract consistent rental demand and long-term appreciation. For a seamless start, the purchase includes professionally designed plans for 33 townhome units, developed by a team of architects, engineers, and project managers, saving investors significant time and upfront costs. With its prime location, existing plans, and built-in demand, this is a turnkey opportunity to maximize returns while contributing to the continued growth of the community.
20447033
MLSⓇ ID
December 17, 2024
Updated
Map
715 N Paddock Street
Stephenville TX, 76401
Exterior/Building Features
Lot Size
1.87 Acres
Lot Features
Acreage, City Lot
Sewer
Public Sewer
School Information
School District
Stephenville ISD
High School
Stephenvil
Elementary School
Central
Other Property Details
Taxes
$1,135
Tax Frequency
Annually
Days on Market
427
Garage
No
View
No
County
Erath
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
11/19/2024 | Price change | $999,000 -34% |
Listed by Ashlyn Allen with Citiwide Alliance Realty
Listing Contact: 346-412-0524
The IDX display contains information sourced from the North Texas Real Estate Information Systems, Inc. as of 12/17/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 12/17/2024 at 6:50 PM UTC