Exceptional Multifamily Development Opportunity – .439 Acre in Prime Stephenville Location Discover an investment-ready project offering 3 duplexes (6 total units, 18 bedrooms) positioned in one of Stephenville’s most sought-after rental corridors. This .439-acre property comes fully prepared for development with architectural plans, civil plans, an approved replat, and… Read More a builder’s construction estimate included—making this an ideal turnkey opportunity for investors looking to capture the strong demand around Tarleton State University. City water and sewer are already on site, streamlining permitting and speeding up your construction timeline. Once building permits are issued by the City, the builder estimates a 4–6 month construction window, placing completion perfectly to deliver move-in ready units for summer 2026—ideal timing for Tarleton student leasing for the 2026–2027 academic year. Whether you’re expanding your portfolio or entering the highly competitive Stephenville rental market, this property offers a unique mix of readiness, location, and income potential. Read Less
Courtesy of Marandy Dove Realty, Marandy Dove.
Listing Snapshot
Days Online
128
Last Updated
Property Type
Unimproved Land
Lot Size
0.44 Acres
Year Built
2025
MLS Number
21121460
Additional Details
Building
Built in 2025, 1 total story
Lot
0.439 acres, 19,123 sqft, Acreage
Sewer
PublicSewer
Utilities
SewerAvailable, WaterAvailable
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