Excellent development opportunity! This investment property is perfectly suited for a small multifamily development. Depending on the configuration, it’s possible to build up to 4 townhome style units which are highly sought after in the community. This property is located in close proximity to Tarleton State University and downtown Stephenville. This is a great opportunity to capitalize on the real estate boom sparked by the growth of Tarleton State University and new industries relocating or expanding in Erath County. Don’t miss out on this chance to start or expand your real estate portfolio.
| MLS # | 21187490 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 183 |
| Listing Provided By | Apex Realty Advisors, Inc. | Ronnie Singleton |
| Zoning | R-2.5 |
|---|---|
| Acreage | 0.45 |
| Lot Features | Level, Subdivision |
|---|
| Utilities | City Sewer, City Water, Electricity Available |
|---|
| Tax Lot | 5B-R |
|---|---|
| Tax Block | 2 |
| State | TX |
|---|---|
| County | Erath |
| City | Stephenville |
| Zip Code | 76401 |
| Area | Erath |
| Community Name | Butler Addition |
| School District | Stephenville ISD |
| Elementary School | Chamberlai |
| High School | Stephenvil |
| Listing VS Median (in Butler Addition) | |
Price: $219,000 low | high Med: $0 On site: 183 low | high Med: | |
| State | TX |
|---|---|
| County | Erath |
| City | Stephenville |
| Zip Code | 76401 |
| Area | Erath |
| Community Name | Butler Addition |
| School District | Stephenville ISD |
| Elementary School | Chamberlai |
| High School | Stephenvil |
| Listing VS Median (in Butler Addition) | |
Price: $219,000 low | high Med: $0 On site: 183 low | high Med: | |