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$699,000
$3,400Reward *
715 N Paddock Street, Stephenville, TX 76401Listing ID 21152834

715 N Paddock Street, Stephenville, TX 76401

Active
Shapard & Collins
Time on site: 215 days • Last updated: Jan 28, 2026
Property Type
Property Type
Land
Property Sub Type
Property Sub Type
Unimproved Land
Acres
Acres
1.95
Days on Site
Days on Site
215
Cooling
Cooling
None
Heating
Heating
None

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!

Property Information

Property Details

Location

Address
715 N Paddock Street
County
Erath
City
Stephenville
Zip Code
76401
Subdivision
Shapard & Collins
School District
Stephenville ISD
High School
Stephenvil
Elementary School
Central

Interior Features

Heating and Cooling

Cooling
None
Heating
None

Building

Property Features

Exterior Features
Other

Financial

Special Conditions
Standard

Property Taxes

Tax Annual Amount
$1,135
Jamie Wooley • Citiwide Alliance Realty, (214) 326-0399

Market Report for 76401

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: North Texas Real Estate Information Systems, Inc.
North Texas Real Estate Information Systems, Inc. logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

For corrections to this data please contact Brytecore MLS Support.

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