715 Paddock, Stephenville, Texas

$699,000
Active
715 Paddock, Stephenville, Texas
715 Paddock, Stephenville, Texas
715 Paddock, Stephenville, Texas
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Property Details

MLS ID: 20817123
Status: Active
Price: $699,000
Acres: 1.95±
Type: Unimproved, Land
Address: 715 Paddock
City, State: Stephenville, TX
County: Erath County
ZIP Code: 76401
Parcel Number: R000033253

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!

Directions: USE ADDRESS IN GPS - 715 N Paddock St, Stephenville. 5 Lots total, see photos and survey.

Andy Flack

Andy Flack

HomeLand Properties, Inc.

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HomeLand Properties, Inc.
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You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: December 6, 2025 at 12:00:00 AM UTC

Listed By: Jamie Wooley of Citiwide Alliance Realty