$699,000

715 N Paddock Street, Stephenville TX, 76401

Price per sqft$8.22

Lot size1.95 Acres

Property typeLand

Overview

Active

Updated 3 weeks ago

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!

Additional information

MLS^® ID: 21152834

Exterior Features

Lot Size: 1.95 Acres

Other Property Details

Taxes: $1,135
Tax Frequency: Annually

Listed by Jamie Wooley with Citiwide Alliance Realty
Listing Contact: 469-891-2592

The IDX display contains information sourced from the North Texas Real Estate Information Systems, Inc. as of 9/12/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 9/12/2026 at 4:03 AM UTC