# 00 Rosebud Drive, Stephenville, TX 76401

> **TL;DR:** land, $555,000. Est. $2,405/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $555,000 |
| Lot Size | 54,058 sqft (1.24 acres) |
| Property Type | Land (Unimproved Land) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,405 |
| **Total** | **$2,405** |

## Nearby Schools

- **Elementary:** Central

## Property Highlights

- 1.24 acre lot

## Description

### Agent Description
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.

## Location

- **Address:** 00 Rosebud Drive, Stephenville, TX 76401
- **County:** Erath
- **Neighborhood:** North Hillcrest
- **Coordinates:** 32.22603987, -98.23696739
- **Google Maps:** https://www.google.com/maps?q=32.22603987,-98.23696739

## Listing Agent

- **Name:** Jeff Withers
- **Brokerage:** Stag Residential
- **Phone:** 9404007824
- **Email:** jeff@withershowell.com

## Primary Photo

![00 Rosebud Drive - Primary Photo](http://lh.rdcpix.com/a3d57837e414b699b750dc033601bfbal-f3879761644r.jpg)

*24 total photos available on [listing page](https://www.propertysimple.com/listing/00-rosebud-drive-stephenville-tx-76401-21037808)*

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**MLS#:** 21037808 | **Updated:** 2026-06-17
**Source:** listhub

*Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/00-rosebud-drive-stephenville-tx-76401-21037808)

---

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