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715 N Paddock St - Lots 1-6 N Paddock St, Stephenville 1.87 Acres of Commercial Land Offered at $962,873 CAD in Stephenville, TX 76401
Investment Highlights
- Professionally developed plans for 33 townhome units
- Flexible R-2 Residential & Industrial zoning
- Prime location less than 1 mile from Tarleton State University
Property Facts
1 Lot Available
Lot
| Price | $962,873 CAD | Lot Size | 1.87 AC |
| Price Per AC | $514,905.10 CAD |
| Price | $962,873 CAD |
| Price Per AC | $514,905.10 CAD |
| Lot Size | 1.87 AC |
Description
Rare turnkey development opportunity in a prime Stephenville location less than one mile from Tarleton State University. The property is ideally positioned to capitalize on the growing demand for student housing driven by the university’s continued expansion and transition to Division I athletics. The site includes existing development plans for 33 townhome units, designed by a professional team of architects, engineers, and project managers. With planning and design work already completed, investors can save significant time and expense in the development process. Located adjacent to the newly developed Purple Rail Townhomes, the property benefits from strong rental demand history and ongoing residential development in the surrounding area. Zoned R-2 Residential and Industrial, the site offers flexibility for multiple development strategies beyond the proposed townhome project, allowing investors to adapt the property to evolving market opportunities.
Property Taxes
| Parcel Number | R000033254 | Improvements Assessment | $0 CAD |
| Land Assessment | $63,396 CAD | Total Assessment | $63,396 CAD |
Property Taxes
Presented by
JPW Consulting Company
715 N Paddock St - Lots 1-6 N Paddock St, Stephenville
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