715 Paddock Street
Stephenville, TX 76401
$699,000
Land · 1.95 ac · $358K/ac
What it costs to own
Taxes shown reflect the current owner's exemptions and may change after purchase.
About this home
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!
The details
Mineral rights aren't stated in this listing — verify with the title company before purchase.

Around this home
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Everyday life
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Listing courtesy of Citiwide Alliance Realty — Jamie Wooley.

Where it is

Robert & StephenInk Realty GroupWant the full story on this home?
What a listing cannot tell you: the street, the timing, the leverage. That is our work.
Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21152834. Information last updated September 11, 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.
Ink Realty Group
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