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$999,000
432 Days On Site

715 N Paddock Street
Stephenville, TX76401

For Sale|Unimproved Land|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt

Built
Subdivision:
Shapard & Collins
County:
Erath
Call Now: 512.699.4684
Is this the home for you? We can help make it yours.
512.699.4684
715 N Paddock Street715 N Paddock Street715 N Paddock Street715 N Paddock Street
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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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Listing Snapshot
Price 
$999,000
Days On Site 
432 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.87 Acres
Year Built 
N/A
MLS® Number 
20447033
Status 
Active
Property Tax 
$1,135
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 days agoListing updated with changes from the MLS®
a month agoPrice changed to $999,000
a year agoListing first seen on site
General Features
Acres 
1.87
Additional Property Use 
IndustrialMulti-FamilyUnimproved
Property Sub Type 
Unimproved Land
Sewer 
Public Sewer
Special Circumstances 
Standard
Water Source 
Public
Zoning 
One and two-family residential (R-2) and Industrial
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Exterior Features
Fencing 
Other
Frontage 
403
Lot Features 
Wooded
Other Structures 
Other
Road Frontage 
City Street
Community Features
Financing Terms Available 
1031 ExchangeCashConventionalVA Loan
Horse Property 
Other
Roads 
Asphalt
School District 
Stephenville ISD
Schools
School District
Stephenville ISD
Elementary School
Central
Middle School
Unknown
High School
Stephenvil
Listing courtesy of Ashlyn Allen of Citiwide Alliance Realty 3464120524



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data Last Updated: 2024-10-15 02:30 PM CDT

Neighborhood & Commute
Source: Walkscore
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