00 Rosebud Drive
Stephenville, Texas 76401
1.24Acres(Lot)
Excellent opportunity to acquire a strategically located parcel zoned R3 Multifamily, just over one mile from Tarleton State University. This property offers strong potential for a 25–30 unit multifamily development, aligning with the high rental demand driven by student housing, faculty, and the growing local workforce. The site is positioned for investors and developers seeking a value-add project in a market with consistent occupancy rates and steady rental demand. With multifamily land in limited supply this close to campus, this tract represents a rare chance to capitalize on both location and zoning flexibility.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Utilities
All Weather Road,City Sewer,City Water,Curbs,Electricity Available,Overhead Utilities,None
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Lot Information
Lot Size (Acr): 1.2410 Lot Size Units: Acres Lot Size Square Feet: 54,058 Lot Features: Acreage,Few Trees -
Property Information
Property Type: Land Property Sub Type: Unimproved Land Subdivision: North Hillcrest City: Stephenville State: Texas Directions: From the intersection of HWY 108 and Lingleville RD, head southwest on Lingleville Rd towards Belknap for 1.5 miles. Turn Left onto Bluebonnet St, then right onto Rosebud St, Destination on Right. Sign in yard. Property Status: Active
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Listing Price Information
Original List Price: $525,000 -
Listing Information
Possession: Closing/Funding
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Tax Information
Parcel Number: R000032680 Tax Block: 1 Tax Legal Description: ACRES: 1.241 S5250 NORTH HILLCREST; BLOCK 1; Tax Lot: 3 Unexempt Taxes: $696
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Homeowners Association Information
HOA Type: None
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School Information
Elementary School: Central High School: Stephenvil Junior High School: Stephenvil Intermediate School: Gilbert School District: Stephenville ISD -
Utility Information
Utilities: All Weather Road,City Sewer,City Water,Curbs,Electricity Available,Overhead Utilities,None
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1260 Private Road 1656, Stephenville, TX, 76401 | $995,000 | 3 | 2 | 1,870 | 54.60 Acres(Lot) |
| TBD 200 ACRES Fm-2481 R.., Stephenville, TX, 76401 | $2,580,000 | -- | -- | -- | 200 Acres(Lot) |
| TBD 14 County Road 175, Stephenville, TX, 76401 | $464,880 | -- | -- | -- | 23.24 Acres(Lot) |
| TBD County Road 175 #LO.., Stephenville, TX, 76401 | $241,720 | -- | -- | -- | 12.09 Acres(Lot) |
| 122 Mesa Vista Drive, Stephenville, TX, 76401 | $65,000 | -- | -- | -- | 2.18 Acres(Lot) |
| 1435 Private Road 1129, Stephenville, TX, 76401 | $1,683,900 | -- | -- | -- | 187.17 Acres(Lot) |
| LOT 11 Mesa Vista Drive, Stephenville, TX, 76401 | $110,000 | -- | -- | -- | 2.16 Acres(Lot) |
| LOT 40 Outpost Drive, Stephenville, TX, 76401 | $100,000 | -- | -- | -- | 3.69 Acres(Lot) |
| TBD LOT #45 Bison Ridge.., Stephenville, TX, 76401 | $115,000 | -- | -- | -- | 2.18 Acres(Lot) |
| TBD Outpost Drive #LOT .., Stephenville, TX, 76401 | $110,000 | -- | -- | -- | 2.18 Acres(Lot) |
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ByOwner last updated this listing 06/14/2026 @ 08:10
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