RARE turnkey in Prime location with existing plans to include 33 townhomes. The word is out Tarleton is D-1 and the buying window is short before the large funds come to town. With Tarleton State University less than 1 mile, this property offers investors an opportunity to capitalize on the demand needed for student housing. Zoned for both residential (R-2) and industrial use, the site provides flexibility for multiple development strategies in addition to the student housing. Adjacent to the newly developed Purple Rail townhomes, the property is ideally positioned to attract consistent rental demand and long-term appreciation. The 33 townhome units were developed by a team of architects, engineers and project managers. This is ready to go saving you significant time and money in the development process. Get in before you can not afford to!
Lot/land
$999,000
715 N Paddock St, Stephenville, TX 76401
--beds
--baths
1.95Acres
Unimproved Land
Built in ----
1.95 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 135 days
- on Zillow |
- 8 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: February 28, 2025 at 10:30am
Listed by:
Jamie Wooley 0645307 469-891-2592,
Citiwide Alliance Realty 214-326-0399,
Jamie Wooley 469-891-2592
Source: NTREIS,MLS#: 20817123
Travel times
Facts & features
Interior
Property
Features
- Exterior features: Other
- Fencing: Other
Lot
- Size: 1.95 Acres
- Features: Acreage, City Lot
- Residential vegetation: Grassed, Partially Wooded
Details
- Additional structures: Other
- Parcel number: R000033253
- Zoning description: One and two-family residential (R-2) and Industrial
- Special conditions: Standard
- Horse amenities: Other
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Shapard & Collins
HOA
- Has HOA: No
Location
- Region: Stephenville
Financial & listing details
- Tax assessed value: $63,460
- Annual tax amount: $1,135
- Date on market: 1/17/2025
- Road surface type: Asphalt
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