Additional details

Tim Goldsberry

tim.goldsberry@c21bowman.com +1(682) 888-6959

$525,000

Est. payment - /mo

1.24 Acres Lot

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Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision North Hillcrest

MLS Listing ID 21037808

HOA Y/N None

Annual Tax Amount $696

Lot Size 1.241 Acres

Acres 1.241

Property Sub-Type Unimproved Land

Property Description

Excellent opportunity to acquire a strategically located parcel zoned R3 Multifamily, just over one mile from Tarleton State University. This property offers strong potential for a 25–30 unit multifamily development, aligning with the high rental demand driven by student housing, faculty, and the growing local workforce.
The site is positioned for investors and developers seeking a value-add project in a market with consistent occupancy rates and steady rental demand. With multifamily land in limited supply this close to campus, this tract represents a rare chance to capitalize on both location and zoning flexibility.

Location

State TX

County Erath

Zoning R-3 Multi Family

Direction From the intersection of HWY 108 and Lingleville RD, head southwest on Lingleville Rd towards Belknap for 1.5 miles. Turn Left onto Bluebonnet St, then right onto Rosebud St, Destination on Right. Sign in yard.

Exterior

Utilities Available All Weather Road, City Sewer, City Water, Curbs, Electricity Available, Overhead Utilities, None

Garage No

Building

Lot Description Acreage, Few Trees

Schools

Elementary Schools Central

High Schools Stephenvil

School District Stephenville Isd

Others

Restrictions Other,None

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21037808

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Jeff Withers • Stag Residential

Nearby School & Business

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Tim Goldsberry

+1(682) 888-6959

Agent License ID: 654889

00 Rosebud Drive Stephenville, TX 76401

Tim Goldsberry

Key Details

Location

Exterior

Building

Schools

Others

Nearby School & Business

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