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$345,000
8 Days On Site

1040 W Oak Street
Stephenville, TX 76401

For Sale|Unimproved Land|Active
0
Beds
0
Total Baths
2025
Built
Subdivision:
Frey Add 02
County:
Erath
Call Now: (972) 965-6266
Is this the listing for you? We can help make it yours.
(972) 965-6266
1040 W Oak Street1040 W Oak Street1040 W Oak Street1040 W Oak Street
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$1,574
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.
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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, placing completion perfectly to deliver move-in ready units for summer 2026—ideal timing for Tarleton student leasing for the 2026–2027 academic year. 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.

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Listing Snapshot
Price 
$345,000
Days On Site 
8 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.439 Acres
Year Built 
2025
MLS® Number 
21121460
Status 
Active
Property Tax 
$1,675
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Plans
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What's This?
Private
Recent Activity
a week agoListing updated with changes from the MLS®
a week agoListing first seen on site
General Features
Acres 
0.439
Number Of Stories 
1
Property Sub Type 
Unimproved Land
Sewer 
Public Sewer
Special Circumstances 
Standard
Water Source 
Public
Zoning 
R3
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Community Features
Financing Terms Available 
1031 ExchangeCashConventional
Listing courtesy of Marandy Dove of Marandy Dove Realty marandydove@gmail.com



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2025-12-05 02:52 AM CST

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Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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Elevate Realty Group 5353 Acton Hwy Ste C Granbury, TX 76049

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  • dan@elevaterealtygroup.com

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