Active

LOT 4R2 N Ollie Street

Stephenville, Texas 76401
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Acres0.54

Acre(Lot)

* 0.5+ Acre Multi-Family Development Site * 3-Street Frontage * Short Walk to TSU Location: Short Walk to Tarleton State University, Chamberlain and Hook Elementary Zoning: R3 (Single or Multi-Family Residential) Utilities: Electric, Water, and Sewer Services Available On-Site The Opportunity: Seize a rare, shovel-ready development opportunity in the heart of Stephenville, Texas. This prime 0.5+ acre tract offers unparalleled flexibility for a high-density residential project. Positioned just blocks from Tarleton State and Stephenville schools, this is the premier location for student housing, an apartment complex, or a luxury townhome community. Strategic Advantages: Location, Location, Location Superior Accessibility: This is a rare opportunity with convenient street access on three sides, allowing for creative site plans, optimized parking layouts, and easy ingress-egress. High-Density Potential: Currently zoned R3, the land supports diverse construction possibilities from single-family homes to high-occupancy multi-family units. Infrastructure Ready: Save time and capital—Electric, City Water, and Sewer services are already available, significantly lowering your pre-development hurdles. Market Demand: Situated in one of Stephenville's most sought-after pockets, capturing the consistent demand for housing near the university. Whether you are looking to build a single residence multi-unit complex or a high-end residential enclave, the layout and size of this property allow for maximum creativity and ROI. Offered as four 0.5+- acre tracts or one 2.0 acre tract MLS#21222791 Invest in Stephenville’s growth now! Contact us today for site details.

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Detail Ic Property Details

Property Type : Land

Price : $299,900

AD Id : 87593699

MLS Id : 566862021

Lot Size : 0.54 Acre(Lot)

County : Erath

Subdivision: Kight Second Addition

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Feature Features

  • Utilities

    All Weather Road,Asphalt,City Sewer,City Water,Electricity Available,Phone Available,Underground Utilities

  • Fencing

    None

  • Lot Information

    Lot Size (Acr): 0.5430 Lot Size Units: Acres Lot Size Square Feet: 23,653 Lot Size Source: Other Lot Features: Corner Lot,Few Trees,Level
  • Property Information

    Property Type: Land Property Sub Type: Unimproved Land Subdivision: KIGHT SECOND ADDITION City: Stephenville State: Texas Directions: GPS Friendly @ 955 N Ollie St Property Status: Active

  • Listing Price Information

    Original List Price: $299,900
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: R000077978-4R2 Tax Block: 5 Tax Lot: 4R2

  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Chamberlai High School: Stephenvil Junior High School: Stephenvil School District: Stephenville ISD
  • Utility Information

    Utilities: All Weather Road,Asphalt,City Sewer,City Water,Electricity Available,Phone Available,Underground Utilities
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
TBD 13 Sh 220, Stephenville, TX, 76401 $216,920 -- -- -- 10.85 Acres(Lot)
TBD 2 Cr 200, Stephenville, TX, 76401 $208,840 -- -- -- 10.44 Acres(Lot)
TBD 3 Cr 200, Stephenville, TX, 76401 $206,980 -- -- -- 10.35 Acres(Lot)
TBD 1 Cr 200, Stephenville, TX, 76401 $222,040 -- -- -- 11.10 Acres(Lot)
TBD 10 Cr 200, Stephenville, TX, 76401 $232,880 -- -- -- 11.64 Acres(Lot)
TBD 7 Sh 220, Stephenville, TX, 76401 $206,100 -- -- -- 10.31 Acres(Lot)
TBD 11 Cr 200, Stephenville, TX, 76401 $220,020 -- -- -- 11.00 Acres(Lot)
TBD 9 Cr 200, Stephenville, TX, 76401 $207,320 -- -- -- 10.37 Acres(Lot)
TBD 8 Cr 200, Stephenville, TX, 76401 $206,880 -- -- -- 10.34 Acres(Lot)
TBD 6 Cr 200, Stephenville, TX, 76401 $200,520 -- -- -- 10.03 Acres(Lot)
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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 08/22/2026 @ 23:37

MLS: 566862021 LISTED BY: Brad Harrison, Clark Real Estate Group 800-257-1242 SOURCE: NTREIS - North Texas Real Estate Information

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