1.9 Acres of Mixed-Use Land for Sale in Stephenville, Texas

715 N Paddock St, Stephenville, TX 76401

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$1,500,000
1.87 acres
Active sale agoEst $16,319/mo

Located within a mile of Tarleton State University, this investment opportunity stands out as PRIME real estate. Multiple parcels, zoned for residential (R-2) and industrial use. The existing zoning framework inherently accommodates a wide array of development prospects, with ongoing deliberations regarding potential rezoning affording versatility in project planning. Prospective endeavors span the spectrum from residential to commercial and mixed-use developments. The proximity to the university makes it highly desirable, especially for student housing. For those seeking a streamlined development approach, a turnkey option is at your disposal. Owner has meticulously assembled a proficient team of architects, engineers, and project managers, prepared to deliver comprehensive, turnkey construction plans specifically tailored for a 30-unit townhome development. Beyond financial returns, it offers the satisfaction of actively contributing to the evolution of a flourishing community.

Directions

USE ADDRESS IN GPS - 715 N Paddock St, Stephenville. 5 Lots total, see photos and survey.

Property details

Coordinates
32.2242, -98.21
Community
Shapard & Collins
Elevation
1,293 feet
MLS Number
NTREIS 20447033
Date Listed

Legal description

Parcels

  • R000033253

Resources

This 1.87-acre property is located at 715 N Paddock St in Stephenville, TX 76401 with latitude 32.2242 and longitude -98.21. The property is currently available for sale for $1,500,000 with a price per acre of $802,139. Listing data is sourced from North Texas Real Estate Information Systems # 20447033.

Verify sale details at the property source or contact Citiwide Alliance Realty at (214) 524-3500.

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Listing checked and updated . Parcel data by Regrid.

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