Active

715 N Paddock Street

Stephenville TX, 76401

$1,500,000


$18.41 per sqft

Active

1.87 Acres

Land

Located within a mile of Tarleton State University, this investment opportunity stands out as PRIME real estate. Multiple parcels, zoned for residential (R-2) and industrial use. The existing zoning framework inherently accommodates a wide array of development prospects, with ongoing deliberations regarding potential rezoning affording versatility in project planning. Prospective endeavors span the spectrum from residential to commercial and mixed-use developments. The proximity to the university makes it highly desirable, especially for student housing. For those seeking a streamlined development approach, a turnkey option is at your disposal. Owner has meticulously assembled a proficient team of architects, engineers, and project managers, prepared to deliver comprehensive, turnkey construction plans specifically tailored for a 30-unit townhome development. Beyond financial returns, it offers the satisfaction of actively contributing to the evolution of a flourishing community.

20447033

MLS ID

May 9, 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

4


Garage

No


View

No


County

Erath


Water Source

Public


Pool

No


Buyer Agency Compensation

3%

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 5/9/2024. 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 5/9/2024 at 3:32 PM UTC

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