1147 W Frey Street
Stephenville, Texas 76401
3
Bed
3
Bath
2,321Sqft
0.43Acre(Lot)
Incredible investment opportunity! Zoned R3 multifamily and situated on nearly a half-acre lot, this property offers excellent potential for generating rental income. The home is currently configured with 3 bedrooms and 3 bathrooms, making it ideal for student housing or multi-tenant use. Located just a short walk from Tarleton State University, this Craftsman property features two living areas, high ceilings, built-ins, and a cozy gas log fireplace. The large, fenced backyard includes established trees, a workshop, storage shed, and garden area—providing ample space for future expansion or additional units. Don’t miss out on this rare chance to own a prime investment property near campus!
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total Bedrooms: 3Bathroom Information
Total Baths: 3 Full Baths: 3 Half Baths: 0 -
Interior Features
Cable TV AvailableAppliances
Dishwasher,DisposalUtilities
City Sewer,City Water -
Fireplace
Number of Fireplaces: 1 Fireplace Features: Gas
-
Building Information
Built Year: 1920
-
Lot Information
Lot Size (Acr): 0.4300 Lot Size Units: Acres Lot Size Square Feet: 18,731 -
Property Information
SQ ft (Living Area): 2,321 Property Type: Residential Property Sub Type: Single Family Residence Subdivision: Kight Add 02 City: Stephenville State: Texas Directions: gps Property Status: Active Levels: Two Property Age: 106
-
Listing Price Information
Original List Price: $350,000 List Price Tot SqFt: $151 -
Listing Information
Possession: Closing/Funding
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Tax Information
Parcel Number: R000032267 Tax Block: 6 Tax Legal Description: S4400 KIGHT SECOND ADDITION; BLOCK 6; LOT 3 Tax Lot: 3 Unexempt Taxes: $5,036
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Parking Information
Has Garage Garage Space: 1 Carport Spaces: 0 Parking Features: Driveway -
Homeowners Association Information
HOA Type: None
-
School Information
Elementary School: Chamberlai High School: Stephenvil Junior High School: Stephenvil Intermediate School: Gilbert School District: Stephenville ISD -
Utility Information
Utilities: City Sewer,City Water
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 10849 Fm 205, Stephenville, TX, 76401 | $599,999 | 3 | 2 | 2,190 | 2,190 SqFt |
| 1400 Private Road 701, Stephenville, TX, 76401 | $305,000 | 3 | 1 | 1,300 | 1,300 SqFt |
| 432 County Road 492, Stephenville, TX, 76401 | $249,500 | 2 | 1 | 1,189 | 1,189 SqFt |
| 2510 County Road 182, Stephenville, TX, 76401 | $585,000 | 4 | 3 | 2,040 | 2,040 SqFt |
| 1565 County Road 233, Stephenville, TX, 76401 | $433,000 | 3 | 2 | 1,680 | 1,680 SqFt |
| 1973 County Road 513, Stephenville, TX, 76401 | $1,199,000 | 4 | 2 | 1,939 | 1,939 SqFt |
| 140 Private Road 1708, Stephenville, TX, 76401 | $185,000 | 1 | 1 | 640 | 640 SqFt |
| 4850 County Road 179, Stephenville, TX, 76401 | $415,000 | 3 | 2 | 1,680 | 1,680 SqFt |
| 11555 N Us Highway 377, Stephenville, TX, 76401 | $579,000 | 3 | 2 | 1,792 | 1,792 SqFt |
| 8441 County Road 176, Stephenville, TX, 76401 | $1,985,000 | 18 | 10 | -- |
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ByOwner last updated this listing 06/18/2026 @ 13:32
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