Lot 4R1 N Ollie Street Stephenville, TX 76401

Previous Listing Price: $249,900

About this home

Property Overview

* 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.