LKV Realty
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$249,900
$1,150Reward *
Lot 4R3 N Ollie Street, Stephenville, TX 76401Listing ID 21321426

Lot 4R3 N Ollie Street, Stephenville, TX 76401

Active
KIGHT SECOND ADDITION
Time on site: 47 daysLast updated: Jul 8, 2026
Property Type
Property Type
Land
Property Sub Type
Property Sub Type
Unimproved Land
Acres
Acres
0.45
Days on Site
Days on Site
47

* 0.5+- Acre Multi-Family Development Site * 3-Street Frontage * Short Walk to TSU Location: Short Walk to Tarleton State University, Chamberlin and Hook Elementary Zoning: R3 (Single or Multi-Family Residential) Utilities: Electric, Water, and Sewer Services Available On-Site The Opportunity: Seize a rare, shovel-ready development opportunity in the heart of Stephenville, Texas. This prime 0.5+- acre tract offers unparalleled flexibility for a high-density residential project. Positioned just blocks from Tarleton State and Stephenville schools, this is the premier location for student housing, an apartment complex, or a luxury townhome community. Strategic Advantages: Location, Location, Location Superior Accessibility: This is a rare opportunity with convenient street access on three sides, allowing for creative site plans, optimized parking layouts, and easy ingress-egress. High-Density Potential: Currently zoned R3, the land supports diverse construction possibilities from single-family homes to high-occupancy multi-family units. Infrastructure Ready: Save time and capital—Electric, City Water, and Sewer services are already available, significantly lowering your pre-development hurdles. Market Demand: Situated in one of Stephenville's most sought-after pockets, capturing the consistent demand for housing near the university. Whether you are looking to build a single residence multi-unit complex or a high-end residential enclave, the layout and size of this property allow for maximum creativity and ROI. Offered as four 0.5+- acre tracts or one 2.0 acre tract MLS#21222791 Invest in Stephenville’s growth now! Contact us today for site​​‌​​​​‌​​‌‌​​‌​​​‌‌​​‌​​‌​​​​​‌​​‌‌​‌‌​ details.

Property Information

Property Details

Location

Address
Lot 4R3 N Ollie Street
County
Erath
City
Stephenville
Zip Code
76401
Subdivision
KIGHT SECOND ADDITION
School District
Stephenville ISD
High School
Stephenvil
Elementary School
Chamberlai

Financial

Special Conditions
Standard
Brad HarrisonClark Real Estate Group, (817) 458-0402

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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