715 N Paddock Street
Stephenville, TX 76401
1.95 acres | #20817123
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.
Property Details
- Utility FeaturesCity Sewer, City Water
- SubdivisionShapard & Collins
- School DistrictStephenville ISD
- Property SubtypeUnimproved Land
- Property TypePurchase
- MLS #20817123
- MLS #20817123
- Lot DescriptionAcreage
- Elementary SchoolCentral
- Acres1.9520
- Cost999000
- Exterior MaterialsOther
- CountyErath
- Year Built9999
Location
Legal
© 2023 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Team Price Real Estate shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright
Last Updated: . Source: NTREIS
Listing Courtesy
Listing Agent: Jamie Wooley (#0645307), Phone: (346) 412-0524
Listing Office: Citiwide Alliance Realty (#CWAR01)
Metrics in Stephenville
Here are the latest metrics for this city.
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
