$999,000
For Sale

715 N Paddock Street

Stephenville, TX 76401
Browse 10 photos
Type:Purchase
Structure:Land
Zone:Residential

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!

  • Property Details
      • Utility FeaturesCity Sewer, City Water
      • SubdivisionShapard & Collins
      • School DistrictStephenville ISD
      • Property SubtypeUnimproved Land
      • Property TypePurchase
      • MLS #20817123
      • MLS #20817123
      • Lot DescriptionAcreage
      • Elementary SchoolCentral
      • Acres1.9520
      • Cost999000
      • Exterior MaterialsOther
      • CountyErath
      • Year Built9999

Location

David Bush RealtorsReal Estate Group

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Interest Rate

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6.0%

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2.6%
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