
Residential Land for Sale in Stephenville, Texas
955 N Ollie St, Stephenville, TX 76401
* 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
- County
- Erath County
- Community
- Kight 2nd Add
- Elevation
- 1,321 feet
Property details
- Acreage
- 2 acres
- MLS #
- NTREIS 21222791
- Posted
Parcels
- R000077978
Legal description
ACRES: 2.351 S4400 KIGHT SECOND ADDITION; BLO
Resources
Details and features
Listing
- Type
- Land
- Subtype
- Unimproved Land
Nearby schools
| Name | Type |
|---|---|
| Chamberlai | Elementary |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Mar 31, 2026 | New listing | $999,900 | — | NTREIS |

















