715 N Paddock Street, Stephenville, Texas 76401

TX, Stephenville
$999,000
  • 1.87 Acre
  • Land Property Type
  • Canceled Status
Steven M
Steven M Realtyna
  • 112-345-768
  • Support@Realtyna.com
  • 200 Continental Drive, Suite 401, Newark, DE 19713 USA
Property Description

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.

Basic Details
  • Property Type: Land
  • Listing Type: For Sale
  • Listing ID: 20447033
  • Price: $999,000
  • Lot Area: 1.87 Acre
  • Listing Status: Canceled
  • Office Name: Citiwide Alliance Realty
  • Agent Name: Ashlyn Allen
  • Property Sub Type: Unimproved Land
Features
  • Heating System None
  • Cooling System None
  • Fence Other
  • Utilities Sewer Available,Water Available
  • Sewer Public Sewer
Address Map
  • Country US
  • State TX
  • County Erath
  • City Stephenville
  • Zipcode 76401
  • Street: Paddock
  • Street Number: 715
  • Street Suffix: Street
  • Longitude: W99° 47' 24''
  • Latitude: N32° 13' 27.3''
  • Directions: USE ADDRESS IN GPS - 715 N Paddock St, Stephenville. 5 Lots total, see photos and survey.
  • Street Dir Prefix: N
Neighborhood
  • Elementary School: Central
  • Elementary School District: Stephenville ISD
  • High School: Stephenvil
  • High School District: Stephenville ISD
Additional Information
  • Virtual Tour: https://www.propertypanorama.com/instaview/ntreis/20447033
  • Current Use: Unimproved,Multi-Family,Industrial
  • Lot Features: Acreage,City Lot
  • Possible Use: Industrial,Investment,Multi-Family,Mixed Use
Financial
  • Tax Annual Amount: 1135.0
Listing Information
  • List Agent Mls Id: 0698248
  • List Office Mls Id: CWAR01
  • Listing Term: Cash,Conventional,1031 Exchange,Other,VA Loan
  • Mls Status: Canceled
  • Modification Timestamp: 2025-01-16T01:59:06Z
  • Originating System Name: NTR
  • Special Listing Conditions: Standard
  • Status Change Timestamp: 2025-01-15T19:58:48Z
MLS On The Fly

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