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Lot 4R4 N Ollie St

Stephenville, TX 76401
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0.45 Lot Acres
Land / Unimproved Land

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Description

* 0.5+- Acre Multi-Family Development Site * 3-Street Frontage * Short Walk to TSU Location: Short Walk to Tarleton State University, Chamberlain and Hook Elementary 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 0.5+- acre tract offers unparalleled flexibility for a high-density residential project. Positioned just blocks from Tarleton State and Stephenville schools, this is the premier location for student housing, an apartment complex, or a luxury townhome community. Strategic Advantages: Location, Location, Location 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. Offered as four 0.5+- acre tracts or one 2.0 acre tract MLS#21222791 Invest in Stephenville’s growth now! Contact us today for site details.

MLS#
NTREIS-21321434
List Price
$249,900
Listing Status
For Sale
Address
Lot 4R4 N Ollie St
City
Stephenville
State
TX
Zip Code
76401
County
Erath County
Subdivision
KIGHT SECOND ADDITION
Property Type
Land / Unimproved Land
Lot Size
0.45 Lot Acres/OTHER
LP / Acre
$557,813 / Acre
Road Frontage
CITY

Exterior

Lot Description
Corner Lot, Few Trees, Level
Fencing
None
Easements
Utilities
Utility
All Weather Road,Asphalt,City Sewer,City Water,Electricity Available,Phone Available,Underground Utilities
Road Surface
City Street
Soil Type
Clay,Sandy Loam

Lot Information

Lot Size
0.45 Lot Acres /OTHER
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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Information source

North Texas Real Estate Information Systems, Inc.
Source last updated Jul 08, 2026 at 12:47 PM
Listing last updated Jul 07, 2026 at 10:17 PM
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Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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