$249,900
 $1,419 est/mo Sourced by Back At You

Lot 4r4 N Ollie Street,Stephenville, TX 76401

Stephenville, TX 76401

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Description

* 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.

Details

MLS #21321434
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site112
Listing Provided ByClark Real Estate Group | Brad Harrison

Features

ZoningZoned R3 Single and Multi-Family
Acreage0.45

Exterior

Lot FeaturesCorner Lot, Few Trees, Level

Utilities

UtilitiesAll Weather Road, Asphalt, City Sewer, City Water, Electricity Available, Phone Available, Underground Utilities

Taxes

Tax Lot4R4
Tax Block5

Area Information

StateTX
CountyErath
CityStephenville
Zip Code76401
AreaErath
Community NameKIGHT SECOND ADDITION
School DistrictStephenville ISD
Elementary SchoolChamberlai
High SchoolStephenvil
Listing VS Median (in KIGHT SECOND ADDITION)
Price:
$249,900
low | high
Med:
$0
On site:
112
low | high
Med:
Sourced by Back At You

Market Activity 76401

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All information provided by the seller and is deemed to be correct, but is not guaranteed. Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. You may not reproduce or redistribute this data—it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.

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Learn More About This Property

StateTX
CountyErath
CityStephenville
Zip Code76401
AreaErath
Community NameKIGHT SECOND ADDITION
School DistrictStephenville ISD
Elementary SchoolChamberlai
High SchoolStephenvil
Listing VS Median (in KIGHT SECOND ADDITION)
Price:
$249,900
low | high
Med:
$0
On site:
112
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $187K - $312K
sqft: 0 - 0
Listing Updated: September 30, 2026 at 9:17:08 PM PDT