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Residential Land for Sale in Stephenville, Texas

955 N Ollie St, Stephenville, TX 76401

$999,900
2 acres
Active sale
ago
Est $7,778/mo

* 2.0 Acre Multi-Family Development Site * 3-Street Frontage * Short Walk to TSU

Location: 10-Minute Walk to Tarleton State University Campus

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 2.0 acre tract consists of four 0.5+or- acre lots, offering unparalleled flexibility for a high-density residential project. Positioned just blocks from Tarleton State, this is the premier location for student housing, an apartment complex, or a luxury townhome community.

Strategic Advantages:

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.

Invest in Stephenville’s growth now! Contact us today for site details.

Location

Street address
955 N Ollie St
Community
Kight 2nd Add
Elevation
1,321 feet
Coordinates
32.2235, -98.2166

Property details

Acreage
2 acres
MLS #
NTREIS 21222791
Posted

Parcels

  • R000077978

Legal description

Resources

Details and features

Listing

Type
Land
Subtype
Unimproved Land

Nearby schools

NameType
ChamberlaiElementary

Listing history

DateEventPriceChangeSource
Mar 31, 2026New listing$999,900NTREIS
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This 2-acre property is located at 955 N Ollie St in Stephenville, TX 76401. The property is available for sale for $999,900 with a price per acre of $499,950.

Checked 1 hour ago — Updated

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