About This Home

This 0-bedroom, 0-bathroom commercial at 1040 W Oak Street in Stephenville, TX is listed for $295,000. Built in 2025, on a 0.44 acres lot.

Key Features

  • Built in 2025
  • 0.44 acre lot

Property Details

1 story
2025
Listing Description

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, a

n 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.

Monthly Cost Estimate

$1,578/mo

20% down · 6.5% · 30 years

Principal$213
Interest$1,278
Insurance$86

Estimates only. Actual payments may vary.

Location

1040 W Oak Street

Stephenville, TX 76401

Frey Add 02

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1040 W Oak Street is listed at $295,000. The estimated monthly payment is $1,578 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2025, 0.44 acre lot.

This property is listed by Marandy Dove.

MD

Marandy Dove

Agent at Marandy Dove Realty

Listed by Marandy Dove Realty · Broker phone: (254) 485-2285

MLS# 21328544· Source: North Texas Real Estate Information Systems, Inc.· 8 days on PropertySimple

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.

1040 W Oak Street, Stephenville, TX 76401

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