About This Home
This land at Rosebud Drive in Stephenville, TX is listed for $525,000 (1.24 acres).
Key Features
- 1.24 acre lot
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
Rosebud Drive
Stephenville, TX 76401
North Hillcrest
Questions & Answers
This 0-bedroom, 0-bathroom land at Rosebud Drive is listed at $525,000. The estimated monthly payment is $2,808 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 1.24 acre lot.
This property is listed by Jeff Withers and can be reached at (940) 400-7824.
