# 715 N Paddock Street, Stephenville, TX 76401

> **TL;DR:** land, $699,000. Est. $3,739/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $699,000 |
| Lot Size | 85,029 sqft (1.95 acres) |
| Property Type | Land (Other) |
| Status | Active |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $3,535 |
| Estimated Insurance | $204 |
| **Total** | **$3,739** |

## Nearby Schools

- **Elementary:** Central
- **Middle:** Gilbert
- **High:** Stephenvil

## Property Highlights

- 1.95 acre lot

## Description

### Agent Description
RARE turnkey in Prime location with existing plans to include 33 townhomes. The word is out Tarleton is D-1 and the buying window is short before the large funds come to town. With Tarleton State University less than 1 mile, this property offers investors an opportunity to capitalize on the demand needed for student housing. Zoned for both residential (R-2) and industrial use, the site provides flexibility for multiple development strategies in addition to the student housing. Adjacent to the newly developed Purple Rail townhomes, the property is ideally positioned to attract consistent rental demand and long-term appreciation. The 33 townhome units were developed by a team of architects, engineers and project managers. This is ready to go saving you significant time and money in the development process. Get in before you can not afford to!

## Location

- **Address:** 715 N Paddock Street, Stephenville, TX 76401
- **County:** Erath
- **Neighborhood:** Shapard & Collins
- **Coordinates:** 32.224246, -98.210001
- **Google Maps:** https://www.google.com/maps?q=32.224246,-98.210001

## Virtual Tour & Media

- **Video Tour:** https://www.propertypanorama.com/instaview/ntreis/21152834

## Listing Agent

- **Name:** Jamie Wooley
- **Brokerage:** Citiwide Alliance Realty
- **Phone:** (214) 524-3500
- **Broker Phone:** (214) 524-3500
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/715-N-Paddock-St_Stephenville_TX_76401_M99782-65285?f=listhub&s=NTREIS&m=21152834&c=propsimple)

## Photos

![715 N Paddock Street - Photo 1](http://lh.rdcpix.com/cec9eb19fbfa6a292f21fe72c26c368cl-f1375584344r.jpg)

![715 N Paddock Street - Photo 2](http://lh.rdcpix.com/cec9eb19fbfa6a292f21fe72c26c368cl-f2020713435r.jpg)

![715 N Paddock Street - Photo 3](http://lh.rdcpix.com/cec9eb19fbfa6a292f21fe72c26c368cl-f512051159r.jpg)

![715 N Paddock Street - Photo 4](http://lh.rdcpix.com/cec9eb19fbfa6a292f21fe72c26c368cl-f3395524331r.jpg)

![715 N Paddock Street - Photo 5](http://lh.rdcpix.com/cec9eb19fbfa6a292f21fe72c26c368cl-f487894630r.jpg)

![715 N Paddock Street - Photo 6](http://lh.rdcpix.com/cec9eb19fbfa6a292f21fe72c26c368cl-f3818175036r.jpg)

---

**MLS#:** 21152834 | **Updated:** 2026-07-02
**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.ai/listing/715-n-paddock-street-stephenville-tx-76401-21152834)

---

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