Lot 4R1 N Ollie Street, Stephenville, TX 76401
Local realty services provided by:CENTURY 21 Mike Bowman, Inc.
Listed by: brad harrison
Office: clark real estate group
MLS#:21319652
Source:GDAR
Price summary
- Price:$249,900
About this home
* 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....
Contact an agent
Home facts
- Subdivision & Development:KIGHT SECOND ADDITION
- Listing ID #:21319652
- Added:69 day(s) ago
- Updated:September 11, 2026 at 11:59 AM
Structure and exterior
- Lot area:0.55 Acres
- Lot Features:Corner Lot, Few Trees, Level
Schools
- High school:Stephenvil
- Middle school:Stephenvil
- Elementary school:Chamberlai
Finances and disclosures
- Price:$249,900
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