Address
715 N Paddock Street, Stephenville, TX
Price
$ 1,500,000
Property Attributes
  • MLS#20447033
  • TypeLand
  • CountyERATH
  • CityStephenville
  • NeighborhoodShapard & Collins
  • Zip76401
  • StyleUnimproved Land
  • Taxes$ 1135
  • Price$ 1,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.87 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
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.

Elementary School
Central Elementary School
Price History
10/17/2023 Listed $1,500,000

General Features

Development Status City Limits
Heating None
Cooling None
Utilities City Sewer,City Water
Possession Closing/Funding
Easements Other
current use Industrial,Multi-Family,Unimproved
Restrictions Deed,Other
School District Stephenville ISD
Year Built 9999
Documents Available Aerial Photo,Engineering,Survey,Topo Maps,Other
Unexempt Taxes 1135
Will Subdivide No
Property SubType Unimproved Land
Subdivision Name Shapard & Collins
Possible Use Industrial,Investment,Mixed Use,Multi-Family
Zoning Description One and two-family residential (R-2) and Industrial
Occupant Type Vacant
County Erath
Property Type Land
HOA Type None
Special Notes Aerial Photo,Survey Available,Other
Number Of Lots 5
Status Active
Directions USE ADDRESS IN GPS - 715 N Paddock St,Stephenville. 5 Lots total,see photos and survey.
City Stephenville
Buyer Agent Compensation 3
Elementary School Name Central
High School Stephenvil
Street Name Paddock
Elementary School Central
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20447033
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Lock Box Type None
Street Suffix Street

Exterior Features

Lot Features Acreage
Vegetation Grassed,Partially Wooded
Fencing Other
Soil Type Unknown
Horse Amenities Other
Other Structures Other
Lot Size Source Other
Lot Size 1 to < 3 Acres
Frontage Feet 403
Lot Size Area 1.8700
Lot Size Units Acres
Road Frontage Type City Street
Lot Size Square Feet 81457.2000
Lot Size Acres 1.8700
Road Surface Type Asphalt

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 76401

Price
AVG $420K
$1.5M
Taxes
AVG $2,206
$1,135
Visits
AVG 97
90
Data Provided by Inside Real Estate®
Walkscore
AVG 35
45
Data Provided by Walkscore® not using MLS data

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