715 N Paddock Street Active Save Request In-Person Tour Request Virtual Tour
Stephenville,TX 76401
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Shapard & Collins
MLS Listing ID 20817123
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
Ownership JPW Consulting Co
Acceptable Financing 1031 Exchange,Cash,Conventional,Other
Listing Terms 1031 Exchange,Cash,Conventional,Other
Special Listing Condition Aerial Photo,Survey Available,Other
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20817123