715 N Paddock Street, Stephenville, TX 76401
715 N Paddock Street, Stephenville, TX 76401
715 N Paddock Street, Stephenville, TX 76401
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Rebecca McMahon

Rebecca McMahon

+1(214) 223-9443
$699,000
Est. payment /mo
1.95 Acres Lot
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UPDATED:

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 None

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.

Interior

Heating None

Cooling None

Heat Source None

Exterior

Exterior Feature Other

Fence Other

Utilities Available City Sewer, City Water

Street Surface Asphalt

Garage No

Building

Lot Description Acreage

Schools

Elementary Schools Central

High Schools Stephenvil

School District Stephenville Isd

Others

Restrictions Other

Acceptable Financing 1031 Exchange, Cash, Conventional, Other

Listing Terms 1031 Exchange, Cash, Conventional, Other

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

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Listed by Jamie Wooley • Citiwide Alliance Realty
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Rebecca McMahon
Rebecca McMahon

REALTOR®, ABR®. MRP, GRI License ID: 0539550

+1(214) 223-9443 | rebecca@sellsntx.com

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