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Property Details:

County or Parish
Erath
Lot Size
Less Than .5 Acre (not Zero)
Lot Size (Acres)
0.4390
Lot Size Area
0.4390
Lot Size (Square Feet)
19122.8400
Zoning Description
R3

Interior Information:

Heating
None
Cooling
None
Stories Total
1

Exterior Information:

Lot Features
Acreage
Lot Size
Less Than .5 Acre (not Zero)
Acres
0.4390
Waterfront
No

Commercial Info:

Building Use
Other

Map

Flood information: FEMA National Flood Hazard Layer (NFHL). Coverage varies; no shading does not mean no flood risk. This map is informational, not an official flood determination for insurance or lending. Verify current maps at the FEMA Map Service Center.

MLS 21328544

1040 W Oak Street

Stephenville, Texas
$295,000
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Type: Commercial Sale
Year Built: 2025
Exceptional Multifamily Development Opportunity – .439 Acre in Prime Stephenville Location Discover an investment-ready project offering 3 duplexes (6 total units, 18 bedrooms) positioned in one of Stephenville’s most sought-after rental corridors. This .439-acre property comes fully prepared for development with architectural plans, civil plans, an approved replat, and a builder’s construction estimate included—making this an ideal turnkey opportunity for investors looking to capture the strong demand around Tarleton State University. City water and sewer are already on site, streamlining permitting and speeding up your construction timeline. Once building permits are issued by the City, the builder estimates a 4–6 month construction window. Whether you’re expanding your portfolio or entering the highly competitive Stephenville rental market, this property offers a unique mix of readiness, location, and income potential.
Active
Listed by: Marandy Dove
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Tony C Hager

Tony C Hager

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