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715 N Paddock Street

Stephenville, TX 76401
  • $999,000
  • STATUS: Active
  • ON SITE: 61 Days
  • MLS #: 20817123
$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: 469-891-2592.

Description

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!

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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 Team Hodnett | Keller Williams 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 Team Hodnett | Keller Williams 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 2025-03-18T21:42:46.277.
www.teamhodnett.com/homes/159519216
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715 N Paddock Street Stephenville, TX 76401

  • Price: $999,000
  • Status: Active
  • On Site: 61 Days
  • 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
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!
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 Team Hodnett | Keller Williams 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 Team Hodnett | Keller Williams 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 2025-03-18T21:42:46.277.
 
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Team Hodnett | Keller Williams Realty
2106 E State Highway 114, Suite 101
Southlake TX, 76092
Offered by Jamie Wooley of Citiwide Alliance Realty: 469-891-2592.