00 Rosebud Drive, Stephenville, TX 76401 - Photo 1

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$525,000 -$30,000 (-5.41%) Price Reduced

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Active
Lots/Land
1.241 Acres
Updated 19 hours ago

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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.

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Full Property Details

Full Property Details for 00 Rosebud Dr

General

Price: $525,000
Taxes: $696
Status: Active
Type: Lots/Land
Source: NTREIS
MLS ID: 21037808
Updated: 6/2/2026
Added to Site: 287 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
Middle School: Gilbert, Stephenvil
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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Listing agent

— 00 Rosebud Dr —

Jeff Withers

Stag Residential

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Price & Sales History for 00 Rosebud Dr Get Price Alerts and Save Property

Date

Details

Price

Change

Source

6/02/2026

Price Reduced

$525,000

-5.41%

MLS

8/20/2025

Listed

$555,000

—

MLS

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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.

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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 $525,000 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.

00 Rosebud Dr Stephenville, TX 76401