1147 W Frey Street

Stephenville, TX 76401

Incredible investment opportunity! Zoned R3 multifamily and situated on nearly a half-acre lot, this property offers excellent potential for generating rental income. The home is currently configured with 3 bedrooms and 3 bathrooms, making it ideal for student housing or multi-tenant use. Located just a short walk from Tarleton State University, this Craftsman property features two living areas, high ceilings, built-ins, and a cozy gas log fireplace. The large, fenced backyard includes established trees, a workshop, storage shed, and garden area—providing ample space for future expansion or additional units. Don’t miss out on this rare chance to own a prime investment property near campus!

Listing courtesy of Case Horton of PREFERRED PROPERTIES OF TEXAS casehorton@gmail.com



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Last checked: 2026-07-21 08:12 PM CDT