Active

632 N Ollie Street

Stephenville, Texas 76401

$179,000 $754/Mo

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Overview

Bed

Bath

0.12

Acre(Lot)

Description

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 lling opportunity for both current returns and future appreciation.

Property Details

Property Type : Residential Income

Price : $179,000

AD Id : 77849259

MLS Id : 557963404

Beds : 2

Lot Size : 0.12 Acre

Year Built : 1947

County : Erath

Subdivision: College Heights

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 2

Bathroom Information

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

Built-in Features,Eat-in Kitchen,Granite Counters,High Speed Internet Available

Appliances

Electric Range

Utilities

City Sewer,City Water
Cooling Features

Central Air,Electric,Wall/Window Unit(s)

Heating Source

Central,Electric

Building Information

Built Year: 1947 Building Area Total: 938 Construction: Siding Roof Type: Asphalt
Exterior Features

Fire Pit,Storage

Foundation

Pillar/Post/Pier
Fencing

Chain Link,Privacy,Wood

Construction Materials

Siding

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

Listing Price Information

Original List Price: $179,000
Listing Information

Possession: Lease Outstanding

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

Parking Information

Parking: 1 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

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Nearby Home Value

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2510 County Road 182, Stephenville, TX, 76401	$585,000	4	3	2,040	22.05 Acres
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140 Private Road 1708, Stephenville, TX, 76401	$170,000	1	1	640	1 Acre
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