# 632 N Ollie Street, Stephenville, TX 76401

> **TL;DR:** 2bd/1ba residential multi family, $179,000, built 1947. Est. $776/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $179,000 |
| Bedrooms | 2 |
| Bathrooms | 1 full |
| Year Built | 1947 |
| Lot Size | 5,227 sqft (0.12 acres) |
| Stories | 1 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $776 |
| **Total** | **$776** |

## Nearby Schools

- **Elementary:** Chamberlai

## Property Highlights

- Built in 1947
- 0.12 acre lot
- 1 parking spaces

## Description

### Agent Description
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.

## Location

- **Address:** 632 N Ollie Street, Stephenville, TX 76401
- **County:** Erath
- **Neighborhood:** College Heights
- **Coordinates:** 32.21949, -98.214882
- **Google Maps:** https://www.google.com/maps?q=32.21949,-98.214882

## Listing Agent

- **Name:** Eric Hayden
- **Brokerage:** Ebby Halliday Realtors
- **Phone:** 9729806600
- **Email:** erichayden@ebby.com

## Primary Photo

![632 N Ollie Street - Primary Photo](http://lh.rdcpix.com/4decea048596dab02d6015a9c1335088l-f2940421199r.jpg)

*23 total photos available on [listing page](https://www.propertysimple.com/listing/632-n-ollie-street-stephenville-tx-76401-21247901)*

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**MLS#:** 21247901 | **Updated:** 2026-06-19
**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/632-n-ollie-street-stephenville-tx-76401-21247901)

---

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