715 N Paddock St, Stephenville, TX 76401
- $699,000
- List Price
- $699,000
- MLS#
- 21152834
- Status
- ACTIVE
- Type
- Land
- Subtype
- Land
- Acres
- 1.95
- County
- Erath
- City
- Stephenville
- Subdivision
- Shapard & Collins
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!
Additional Information
- Unexempt Taxes
- $1,135
- Lot Size
- 85,029
- Acres
- 1.95
- Lot Description
- City Lot
- Exterior
- Other
- School District
- Stephenville Isd
- Elementary School
- Central
- High School
- Stephenvil
- Possession
- CloseOfEscrow
- Proposed Use
- Industrial, Investment, Multi-Family, Mixed Use, Other
Mortgage Calculator
Listing courtesy of Jamie Wooley from Citiwide Alliance Realty. Contact: 469-891-2592