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$2,600,000 Just Listed
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Property Description
Commercial sites like this are hard to find. This 5.25-acre property, zoned B2, sits at a traffic controlled intersection on one of the busiest stretches of the South Loop in Stephenville, Texas. Traffic counts show roughly 21,091 vehicles per day on the Loop and another 3,394 on Ollie Street per TxDOT. The tract offers 260 feet of South Loop frontage and 600 feet along Ollie Street, and the traffic light adds visibility and easier access. The lot appears flat and build-ready, with water, sewer, and electric available along the frontage. The B2 zoning and high-visibility corner make the site well suited to uses such as retail, restaurants, medical or professional offices, or a hotel, subject to City of Stephenville approval. The location puts you about 1.5 miles from Tarleton State University, 1.5 miles from downtown, and 2 miles from Walmart and Washington Commons Shopping Center. Lots of this size with South Loop frontage rarely come to market, so don't let this one pass you by.
Full Property Details
Full Property Details for 1303 W South Loop
General
- Price: $2,600,000
- Taxes: $13,882
- Status: Active
- Type: Commercial Investment
- Source: NTREIS
- MLS ID: 21397764
- Updated: 9/28/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Other
Location
- County: Erath
- Subdivision: South Side Add
- Driving Directions: GPS Friendly at the corner of South Loop and Ollie (Hwy 914)
Utilities
- Utility Description: Electricity Available, Sewer Available
Structural Information
- Detached/Attached: Detached
- Construction: See Remarks
- Stories/Levels: 1
- Sq. Ft. Source: Assessor
- Year Built: 1900
Lot Features
- Lot Size (Acres): 5.25
- Lot Size (Sq. Ft.): 228,690
- Lot Size Source: Assessor
- Frontage: City Street, Highway
- Lot Features: Acreage, Cleared, Corner Lot, Hardwood Trees, Few Trees
- Zoning: Commercial
Financial Considerations
- Tax Amount: $13,882
- Terms: Cash, Conventional, 1031 Exchange
Disclosures and Reports
- Legal Description: ACRES: 3.824 S6200 SOUTH SIDE ADDITION BLOCK
- Inclusions: Land Only
- Property ID: R000033800
- Block: 35
- Lot Number: 3940
Listed by Keller Williams Brazos West, Clint McKeehan
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Schools
Schools serving 1303 W South Loop
School District:Stephenville Independent School District
| Name | Grades | Distance |
|---|---|---|
Central Elementary School, Stephenville, TX 780 West Washington Street, Stephenville, TX 76401 | PK-K | 0.6 mi |
Hook Elementary School 1067 West Jones Street, Stephenville, TX 76401 | 3-4 | 1.1 mi |
Chamberlin Elementary School 1601 West Frey, Stephenville, TX 76401 | 1-2 | 1.3 mi |
Henderson Junior High School 2798 West Frey, Stephenville, TX 76401 | 7-8 | 1.9 mi |
Stephenville High School 2650 West Overhill Drive, Stephenville, TX 76401 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1303 W South Loop
Date
Details
Price
Change
Source
9/28/2026
Listed
$2,600,000
—
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 1303 W South Loop
Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,881
-6%
$828,940
—
2023
$14,689
-7%
$828,940
3%
2022
$15,818
-6%
$806,040
—
2021
$16,751
284%
$806,040
294%
2020
$4,361
-4%
$204,660
—
2019
$4,520
1%
$204,660
—
2017
$4,493
—
$204,660
—
2016
$4,515
—
$204,660
—
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 1303 W South Loop
1303 W S Loop, Stephenville, TX 76401 (MLS# 21397764) is a Commercial Investment property. 1303 W S Loop is currently listed for $2,600,000 and was received on September 28, 2026. Want to learn more about 1303 W S Loop? Do you have questions about finding other Commercial Investment real estate for sale in Stephenville? You can browse all Stephenville real estate or contact a Coldwell Banker agent to request more information.

