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Justin Henry

justin@justinhenryhomes.com +1(972) 757-6273

$ 699,000

Est. payment | -/mo

1.95 Acres Lot

Save Virtual Tour

$ 699,000

Est. payment | -/mo

Save Virtual Tour

1.95 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Shapard & Collins

MLS Listing ID 21152834

HOA Y/N No

Annual Tax Amount $1,135

Lot Size 1.952 Acres

Acres 1.952

Property Sub-Type Unimproved Land

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!

Location

State TX

County Erath

Zoning One and two-family residential (R-2) and Industrial

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

Rooms

Other Rooms Other

Interior

Heating None

Cooling None

Fireplace No

Exterior

Exterior Feature Other

Fence Other

Utilities Available Sewer Available, Water Available

Water Access Desc Public

Present Use Investment,Other

Street Surface Asphalt

Road Frontage City Street

Private Pool No

Building

Lot Description Acreage, City Lot

Sewer Public Sewer

Water Public

Additional Building Other

Schools

Elementary Schools Central

Middle Schools Gilbert

High Schools Stephenvil

School District Stephenville Isd

Others

Tax ID R000033253

Acceptable Financing Cash, Conventional, 1031 Exchange, Other

Listing Terms Cash, Conventional, 1031 Exchange, Other

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21152834

NEARBY SCHOOL & BUSINESS

+1(972) 757-6273

justin@justinhenryhomes.com

26875 US Hwy 380 # 112, Aubrey, TX 76227, United States

715 N Paddock ST Stephenville, TX 76401