632 N Ollie Street
Stephenville, Texas 76401
2
Bed
1
Bath
0.12Acre(Lot)
Investor opportunity just steps from Tarleton State University! This 2-bedroom, 1-bath single-family home offers immediate and stable cash flow with a tenant in place through June 30, 2027 at $1,400 per month. Ideally located within walking distance to campus, the property benefits from consistent rental demand driven by Tarleton State’s continued growth as a Division I university with steadily increasing enrollment. This prime location makes it highly attractive for student or faculty housing, supporting long-term investment potential. The home’s manageable size and layout provide low maintenance ownership, while the existing lease ensures reliable income from day one. Whether you’re expanding your portfolio or seeking a turnkey rental in a high-demand area, this property presents a compe
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 2Bathroom Information
Total Baths: 1 Full Baths: 1 Half Baths: 0 -
Interior Features
Built-in Features,Eat-in Kitchen,Granite Counters,High Speed Internet AvailableAppliances
Electric RangeUtilities
City Sewer,City Water -
Cooling Features
Central Air,Electric,Wall/Window Unit(s)Heating Source
Central,Electric
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Building Information
Built Year: 1947 Building Area Total: 938 Construction: Siding Roof Type: Asphalt -
Exterior Features
Fire Pit,StorageFoundation
Pillar/Post/Pier -
Fencing
Chain Link,Privacy,WoodConstruction Materials
Siding
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Lot Information
Lot Size (Acr): 0.1200 Lot Size Units: Acres Lot Size Square Feet: 5,227 Lot Size Source: Assessor Lot Features: Interior Lot -
Property Information
Property Type: Residential Income Property Sub Type: Multiple Single Units Subdivision: College Heights City: Stephenville State: Texas Directions: GPS Friendly, SOP Property Status: Active Levels: One Property Age: 79 Year Built Details: Preowned
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Listing Price Information
Original List Price: $179,000 -
Listing Information
Possession: Lease Outstanding
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Tax Information
Parcel Number: R000030901 Tax Block: 11 Tax Legal Description: S2800 COLLEGE HEIGHTS; BLOCK 11; LOT 19 Tax Lot: 19 Unexempt Taxes: $1,723
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Parking Information
Parking: 1 Parking Features: Driveway -
Homeowners Association Information
HOA Type: None
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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 06/21/2026 @ 16:30
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