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715 N Paddock St
Stephenville, Tx 76401

Price: $699,000
Property Type: lots
MLS #: 21152834
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!
Area: Erath
Bedrooms: None
Bathrooms: None
Acres: 1.952
Virtual Tour: Click here to view

Courtesy: Jamie Wooley • Citiwide Alliance Realty •

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This content last refreshed on 06/23/2026 04:15 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.