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715 N Paddock Street

Stephenville, TX 76401
  • $999,000
  • STATUS: Active
  • MLS #: 20817123
UPDATED: 76 min ago
$999,000
  • 0
    BEDS
  • 1.95
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by Jamie Wooley of Citiwide Alliance Realty: 346-412-0524.

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.

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© 2025 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Prolific Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Prolific Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-02-09T09:41:07.647.
www.texasprolificrealtors.com/homes/159519216
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715 N Paddock Street Stephenville, TX 76401

  • Price: $999,000
  • Status: Active
  • On Site: Days
  • Updated: 76 min ago
  • MLS #: 20817123
0
Beds
0
Baths
0
½ Baths
1.95
Acres
Neighborhood:
Shapard & Collins
County:
Erath
Area:
Stephenville
Elementary School:
Central
High School:
Stephenvil
School District:
Stephenville ISD
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.
Exterior Features

Exterior Features Other Fencing Other Horse Amenities Other Lot Description Acreage Lot Size Source Assessor Lots 6 Road Frontage Type City Street Road Surface Type Asphalt Soil Type Unknown Waterfront YN No

Interior Features

Cooling None Heating None

Property Features

AGExemption No Barns1 0 Current Use Other Development City Limits Easements Other HOA None Intermediate School Name Gilbert List MLSProvider Metrotex Association Of Realtors Listing Terms 1031 ExchangeCashConventionalOther Municipal Utility District No Other Structures Other Possession Closing/Funding Property Type Unimproved Land Restrictions Other Special Notes Aerial PhotoSurvey AvailableOther Surface Rights Other Unexempt Taxes 1135 Utilities City SewerCity Water Will Subdivide No Zoning One and two-family residential (R-2) and Industrial

North Texas Real Estate Information Systems MLS logo Listing information © 2025 North Texas Real Estate Information System.


© 2025 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Prolific Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Prolific Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-02-09T09:41:07.647.
 
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Prolific Realty
2201 South W.S. Young Ste 104-C
Killeen TX, 76543
Offered by Jamie Wooley of Citiwide Alliance Realty: 346-412-0524.