* 0.5+- Acre Multi-Family Development Site * 3-Street Frontage * Short Walk to TSU Location: Short Walk to Tarleton State University, Chamberlain 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.
| MLS # | 21321434 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 112 |
| Listing Provided By | Clark Real Estate Group | Brad Harrison |
| Zoning | Zoned R3 Single and Multi-Family |
|---|---|
| Acreage | 0.45 |
| Lot Features | Corner Lot, Few Trees, Level |
|---|
| Utilities | All Weather Road, Asphalt, City Sewer, City Water, Electricity Available, Phone Available, Underground Utilities |
|---|
| Tax Lot | 4R4 |
|---|---|
| Tax Block | 5 |
| State | TX |
|---|---|
| County | Erath |
| City | Stephenville |
| Zip Code | 76401 |
| Area | Erath |
| Community Name | KIGHT SECOND ADDITION |
| School District | Stephenville ISD |
| Elementary School | Chamberlai |
| High School | Stephenvil |
| Listing VS Median (in KIGHT SECOND ADDITION) | |
Price: $249,900 low | high Med: $0 On site: 112 low | high Med: | |
| State | TX |
|---|---|
| County | Erath |
| City | Stephenville |
| Zip Code | 76401 |
| Area | Erath |
| Community Name | KIGHT SECOND ADDITION |
| School District | Stephenville ISD |
| Elementary School | Chamberlai |
| High School | Stephenvil |
| Listing VS Median (in KIGHT SECOND ADDITION) | |
Price: $249,900 low | high Med: $0 On site: 112 low | high Med: | |