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$555,000
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Property Description
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.
Full Property Details
Full Property Details for 00 Rosebud Dr
General
- Price: $555,000
- Taxes: $696
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21037808
- Updated: 8/23/2025
- Added to Site: 230 day(s) ago
Location
- County: Erath
- Subdivision: North Hillcrest
- Driving Directions: From the intersection of HWY 108 and Lingleville RD, head southwest on Lingleville Rd towards Belknap for 1.5 miles. Turn Left onto Bluebonnet St, then right onto Rosebud St, Destination on Right. Sign in yard.
School Information
- Elem School District: Stephenville ISD
- Midd School District: Stephenville ISD
- High School District: Stephenville ISD
- Elementary School: Central
- High School: Stephenvil
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, None, Overhead Utilities, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
Lot Features
- Lot Size (Acres): 1.241
- Lot Size (Sq. Ft.): 54,057.96
- Frontage: City Street, All Weather Road
- Lot Features: Acreage, Few Trees, City Lot
- Trees/Vegetation: Grassed
- Zoning: R-3 Multi Family
Financial Considerations
- Tax Amount: $696
Disclosures and Reports
- Documents Avail.: Floorplan, Survey
- Legal Description: ACRES: 1.241 S5250 NORTH HILLCREST; BLOCK 1;
- Property ID: R000032680
- Block: 1
- Lot Number: 3
Listed by Stag Residential, Jeff Withers
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Price & Sales History for 00 Rosebud Dr
Date
Details
Price
Change
Source
8/20/2025
Listed
$555,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 00 Rosebud Dr
Year
Property Taxes
Change
Tax Assessment
Change
2023
$709
-10%
$40,000
—
2022
$785
89%
$40,000
100%
2021
$416
-2%
$20,000
—
2020
$426
-4%
$20,000
—
2019
$442
-32%
$20,000
-32%
2017
$646
-1%
$29,450
—
2016
$650
—
$29,450
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 00 Rosebud Dr
00 Rosebud Drive, Stephenville, TX 76401 (MLS# 21037808) is a Lots/Land property with a lot size of 1.241 acres. 00 Rosebud Drive is currently listed for $555,000 and was received on August 20, 2025. Want to learn more about 00 Rosebud Drive? Do you have questions about finding other Lots/Land real estate for sale in Stephenville? You can browse all Stephenville real estate or contact a Coldwell Banker agent to request more information.

