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Lot 4R4 Ollie Street

Stephenville, TX 76401

$249,900

Land · 0.45 ac · $558K/ac

Acres0.448 acres
Price per acre$557,813 / acre
ZoningZoned R3 Single and Multi-…
Road frontageCity Street
WaterCity Water
SewerCity Sewer
ElectricElectricity Available
TypeUnimproved Land

What it costs to own

TaxesNot provided by the listing
MUDNone listed
HOANone listed
Price per acre$557,813

About this home

* 0.5+- Acre Multi-Family Development Site * 3-Street Frontage * Short Walk to TSU

Location: Short Walk to Tarleton State University, Chamberlain and Hook Elementary
Zoning: R3 (Single or Multi-Family Residential)
Utilities: Electric, Water, and Sewer Services Available On-Site

The Opportunity: Seize a rare, shovel-ready development opportunity in the heart of Stephenville, Texas. This prime 0.5+- acre tract offers unparalleled flexibility for a high-density residential project. Positioned just blocks from Tarleton State and Stephenville schools, this is the premier location for student housing, an apartment complex, or a luxury townhome community.

Strategic Advantages: Location, Location, Location

Superior Accessibility: This is a rare opportunity with convenient street access on three sides, allowing for creative site plans, optimized parking layouts, and easy ingress-egress.

High-Density Potential: Currently zoned R3, the land supports diverse construction possibilities from single-family homes to high-occupancy multi-family units.

Infrastructure Ready: Save time and capital—Electric, City Water, and Sewer services are already available, significantly lowering your pre-development hurdles.

Market Demand: Situated in one of Stephenville's most sought-after pockets, capturing the consistent demand for housing near the university.
Whether you are looking to build a single residence multi-unit complex or a high-end residential enclave, the layout and size of this property allow for maximum creativity and ROI.

Offered as four 0.5+- acre tracts or one 2.0 acre tract MLS#21222791

Invest in Stephenville’s growth now! Contact us today for site details.

The details

Lot featuresCorner Lot, Few Trees, Level
FencingNone
Water sourceCity Water
SewerCity Sewer
ElectricElectricity Available
UtilitiesPhone Available, Underground Utilities

ZoningZoned R3 Single and Multi-Family
RestrictionsBuilding
EasementsUtilities
Documents availableAerial Photo, Survey

Mineral rights aren't stated in this listing — verify with the title company before purchase.

SubdivisionKIGHT SECOND ADDITION

ElementaryChamberlai
Middle schoolStephenvil
High schoolStephenvil
DistrictStephenville ISD

MLS #21321434
Source
Price changeReduced by $50,000 · Jul 8, 2026
On the market92 days
CountyErath

Around this home

One moment…

Everyday life

Nearest groceryH-E-B · 1.2 mi
Nearest parkHeritage Courtyard · 0.4 mi

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Listing courtesy of Clark Real Estate Group — Brad Harrison.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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What a listing cannot tell you: the street, the timing, the leverage. That is our work.

Ask about Lot 4R4 Ollie Street Text Robert & Stephen

Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21321434. Information last updated October 1, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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