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$299,900
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Property Description
* 0.5+- Acre Multi-Family Development Site * 3-Street Frontage * Short Walk to TSU Location: Short Walk to Tarleton State University, Chamberlain and Hook Elementary 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 0.5+- acre tract offers unparalleled flexibility for a high-density residential project. Positioned just blocks from Tarleton State and Stephenville schools, this is the premier location for student housing, an apartment complex, or a luxury townhome community. Strategic Advantages: Location, Location, Location 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. Offered as four 0.5+- acre tracts or one 2.0 acre tract MLS#21222791 Invest in Stephenville's growth now! Contact us today for site details.
Full Property Details
Full Property Details for Lot 4R4 N Ollie St
General
- Price: $299,900
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21321434
- Updated: 7/4/2026
- Added to Site: 98 day(s) ago
Location
- County: Erath
- Subdivision: KIGHT SECOND ADDITION
- 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
- Middle School: Stephenvil
- 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
- Current Bldg. Use: Vacant
Lot Features
- Lot Size (Acres): 0.448
- Lot Size (Sq. Ft.): 19,514.88
- Lot Size Source: Other
- Frontage: City Street, All Weather Road, Asphalt
- Lot Features: Corner Lot, Level, Few Trees
- Development Status: Zoned
- Potential Use: Multi-Family, Residential, Single Family
- Trees/Vegetation: Grassed
- Zoning: Zoned R3 Single and Multi-Family
- Fencing (Description): None
Financial Considerations
- Terms: Cash, Conventional, 1031 Exchange, FHA
Disclosures and Reports
- Documents Avail.: Survey, Aerial
- Property ID: R000077978-4R4
- Block: 5
- Lot Number: 4R4
Listed by Clark Real Estate Group, Brad Harrison
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Price & Sales History for Lot 4R4 N Ollie St
Date
Details
Price
Change
Source
7/04/2026
Listed
$299,900
—
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 Lot 4R4 N Ollie St
Lot 4R4 N Ollie Street, Stephenville, TX 76401 (MLS# 21321434) is a Lots/Land property with a lot size of 0.448 acres. Lot 4R4 N Ollie Street is currently listed for $299,900 and was received on July 04, 2026. Want to learn more about Lot 4R4 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.

