Active Option Contract

490 S First Avenue

Stephenville, Texas 76401
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Bed 3

Bed

Bath 1

Bath

SqFt956

Sqft

Acres0.17

Acre(Lot)

Unlock the potential of this 1930 home situated on a desirable corner lot just minutes from the ever-growing Tarleton State University. Offering 956 square feet, this 2-bedroom, 1-bath home also includes a small bonus room that could serve as an office, hobby space, or extra storage. This property is truly a diamond in the rough and is ready for someone with vision. While it needs significant TLC, the possibilities are endless. Restore the charm of this vintage home with a complete renovation or take advantage of the prime location and rebuild to maximize its investment potential. With the strong demand for housing near the university, this lot could be an excellent site for a duplex or income-producing rental property (subject to local zoning and city approval). Whether you’re an investor , builder, or someone looking for your next renovation project, this property offers an incredible opportunity to create value in a rapidly growing area. Don’t miss your chance to invest in a location with endless potential!

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Detail Ic Property Details

Property Type : Residential

Price : $89,999

AD Id : 88519211

MLS Id : 569139434

Beds : 3

Lot Size : 0.17 Acre

Living Area Size : 956 Sq. Ft

Year Built : 1930

County : Erath

Subdivision: South Side Add

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 3

    Bathroom Information

    Total Baths: 1 Full Baths: 1 Half Baths: 0
  • Interior Features

    Decorative Lighting,High Speed Internet Available

    Appliances

    Electric Range,Electric Water Heater

    Utilities

    Asphalt,City Sewer,City Water,Curbs
  • Cooling Features

    Ceiling Fan(s)

    Fireplace

    Number of Fireplaces: 0

  • Building Information

    Built Year: 1930 Construction: Siding Roof Type: Composition
  • Exterior Features

    Covered Patio/Porch,Storage

    Foundation

    Pillar/Post/Pier
  • Laundry Features

    Electric Dryer Hookup,Utility Room,Full Size W/D Area,Dryer Hookup,Washer Hookup

    Patio And Porch

    Covered,Front Porch,Rear Porch

    Fencing

    Chain Link

    Construction Materials

    Siding

  • Lot Information

    Lot Size (Acr): 0.1740 Lot Size Units: Acres Lot Size Square Feet: 7,579 Lot Features: Corner Lot,Few Trees
  • Property Information

    SQ ft (Living Area): 956 Property Type: Residential Property Sub Type: Single Family Residence Architectural Style: Traditional Subdivision: South Side Add City: Stephenville State: Texas Directions: GPS Friendly: 490 S FIRST AVE Property Status: Active Option Contract Levels: One Property Age: 96 Year Built Details: Preowned

  • Listing Price Information

    Original List Price: $89,999 List Price Tot SqFt: $94
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: R000033542 Tax Block: 11 Tax Legal Description: ACRES: 0.174 S6200 SOUTH SIDE ADDITION BLOCK Tax Lot: 8 Unexempt Taxes: $1,709

  • Parking Information

    Carport Spaces: 0 Parking Features: Open
  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Central High School: Stephenvil Junior High School: Stephenvil Intermediate School: Gilbert School District: Stephenville ISD
  • Utility Information

    Utilities: Asphalt,City Sewer,City Water,Curbs
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
TBA To Be Announced, Stephenville, TX, 76401 $329,000 3 2 1,480 0.18 Acre
10849 Fm 205, Stephenville, TX, 76401 $589,000 3 2 2,190 10 Acres
1470 Private Road 701, Stephenville, TX, 76401 $339,500 2 1 1,290 2.50 Acres
2510 County Road 182, Stephenville, TX, 76401 $585,000 4 3 2,040 22.05 Acres
3570 County Road 180, Stephenville, TX, 76401 $750,000 4 4 2,655 9.03 Acres
1973 County Road 513, Stephenville, TX, 76401 $1,175,000 4 2 1,939 36.42 Acres
140 Private Road 1708, Stephenville, TX, 76401 $170,000 1 1 640 1 Acre
4850 County Road 179, Stephenville, TX, 76401 $399,999 3 2 1,680 5 Acres
11555 N Us Highway 377, Stephenville, TX, 76401 $575,000 3 2 1,792 5.33 Acres
8441 County Road 176, Stephenville, TX, 76401 $1,795,000 18 10 -- 6.11 Acres
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 09/21/2026 @ 15:01

MLS: 569139434 LISTED BY: J J HAMPTON, J.J. HAMPTON REALTY 800-257-1242 SOURCE: NTREIS - North Texas Real Estate Information

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