715 N Paddock Street Active Save Request In-Person Tour Request Virtual Tour
Stephenville,TX 76401
Key Details
Property Type Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Shapard & Collins
MLS Listing ID 20447033
Annual Tax Amount $1,135
Lot Size 1.870 Acres
Property Description
Located within a mile of Tarleton State University, this investment opportunity stands out as PRIME real estate. Multiple parcels, zoned for residential (R-2) and industrial use. The existing zoning framework inherently accommodates a wide array of development prospects, with ongoing deliberations regarding potential rezoning affording versatility in project planning. Prospective endeavors span the spectrum from residential to commercial and mixed-use developments. The proximity to the university makes it highly desirable, especially for student housing. For those seeking a streamlined development approach, a turnkey option is at your disposal. Owner has meticulously assembled a proficient team of architects, engineers, and project managers, prepared to deliver comprehensive, turnkey construction plans specifically tailored for a 30-unit townhome development. Beyond financial returns, it offers the satisfaction of actively contributing to the evolution of a flourishing community.
Location
State TX
County Erath
Zoning One and two-family residential (R-2) and Industrial
Interior
Heating None
Cooling None
Exterior
Fence Other
Utilities Available City Sewer,City Water
Building
Lot Description Acreage
Schools
Elementary Schools Central
High Schools Stephenvil
School District Stephenville Isd
Others
Acceptable Financing 1031 Exchange,Cash,Conventional,VA Loan,Other
Listing Terms 1031 Exchange,Cash,Conventional,VA Loan,Other
Special Listing Condition Aerial Photo,Survey Available,Other