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About This Home
This 2-bedroom, 1-bathroom residential multi family at 632 N Ollie Street in Stephenville, TX is listed for $179,000. Built in 1947, on a 0.12 acres lot.
Investor opportunity just steps from Tarleton State University! This 2-bedroom, 1-bath single-family home offers immediate and stable cash flow with a tenant in place through June 30, 2027 at $1,400 per month. Ideally located within walking distance to campus, the property benefits from consistent rental demand driven by Tarleton State’s continued growth as a Division I university with steadily increasing enrollment.
This prime location makes it highly attractive for student or faculty housing, supporting long-term investment potential. The home’s manageable size and layout provide low maintenance ownership, while the existing lease ensures reliable income from day one. Whether you’re expanding your portfolio or seeking a turnkey rental in a high-demand area, this property presents a compelling opportunity for both current returns and future appreciation.
Key Features
- Built in 1947
- 0.12 acre lot
- 1 parking spaces
Property Details
Monthly Cost Estimate
$957/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
632 N Ollie Street
Stephenville, TX 76401
College Heights
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Parking
Heating
Cooling
Appliances
Questions & Answers
This 2-bedroom, 1-bathroom residential multi family at 632 N Ollie Street is listed at $179,000. The estimated monthly payment is $776 based on 20% down at 6.5% interest.
Key features include: Built in 1947, 0.12 acre lot, 1 parking spaces. Interior Features: Built-in Features, Eat-in Kitchen, Granite Counters. Exterior Features: Fire Pit, Storage, Fence.
This property is listed by Eric Hayden and can be reached at 9729806600 or erichayden@ebby.com.








