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$999,900 Just Listed
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Property Description
* 2.0 Acre Multi-Family Development Site * 3-Street Frontage * Short Walk to TSU Location: 10-Minute Walk to Tarleton State University Campus 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 2.0 acre tract consists of four 0.5+or- acre lots, offering unparalleled flexibility for a high-density residential project. Positioned just blocks from Tarleton State, this is the premier location for student housing, an apartment complex, or a luxury townhome community. Strategic Advantages: 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. Invest in Stephenville's growth now! Contact us today for site details.
Full Property Details
Full Property Details for 955 N Ollie St
General
- Price: $999,900
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21222791
- Updated: 3/30/2026
- Added to Site: 1 day(s) ago
Location
- County: Erath
- Subdivision: Kight 2nd Add
- Driving Directions: GPS Friendly @ 955 N Ollie St
School Information
- Elem School District: Stephenville ISD
- Midd School District: Stephenville ISD
- High School District: Stephenville ISD
- Elementary School: Chamberlai
- High School: Stephenvil
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available
Structural Information
- Detached/Attached: Detached
Lot Features
- Lot Size (Acres): 2
- Lot Size (Sq. Ft.): 87,120
- Frontage: City Street, All Weather Road, Asphalt
- Lot Features: Corner Lot, Level, Few Trees, City Lot
- Development Status: Zoned
- Potential Use: Multi-Family, Residential, Single Family
- Zoning: R3 Multi-Family
Financial Considerations
- Terms: Cash, Conventional, 1031 Exchange, FHA
Disclosures and Reports
- Documents Avail.: Aerial, Survey
- Legal Description: ACRES: 2.351 S4400 KIGHT SECOND ADDITION; BLO
- Property ID: R000077978
- Block: 5
- Lot Number: 4R
Listed by Clark Real Estate Group, Brad Harrison
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Schools
Schools serving 955 N Ollie St
School District:Stephenville Independent School District
| Name | Grades | Distance |
|---|---|---|
Hook Elementary School 1067 West Jones Street, Stephenville, TX 76401 | 3-4 | 0.2 mi |
Chamberlin Elementary School 1601 West Frey, Stephenville, TX 76401 | 1-2 | 0.5 mi |
Central Elementary School, Stephenville, TX 780 West Washington Street, Stephenville, TX 76401 | PK-K | 0.7 mi |
Henderson Junior High School 2798 West Frey, Stephenville, TX 76401 | 7-8 | 1.6 mi |
Stephenville High School 2650 West Overhill Drive, Stephenville, TX 76401 | 9-12 | 1.3 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 955 N Ollie St
Date
Details
Price
Change
Source
3/30/2026
Listed
$999,900
—
MLS
Disclaimer: Historical sales 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 955 N Ollie St
955 N Ollie Street, Stephenville, TX 76401 (MLS# 21222791) is a Lots/Land property with a lot size of 2 acres. 955 N Ollie Street is currently listed for $999,900 and was received on March 30, 2026. Want to learn more about 955 N Ollie Street? 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.

