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    00 Rosebud Dr Stephenville, TX 76401

    For Sale
    $555,000

    Unimproved Land - Stephenville, TX

    Type:Unimproved Land
    Lot size:
    1.24 Acres
    Days on Market:
    78
    Last Refresh:
    Dec 12 at 7:06 am

    Property Features for 00 Rosebud Dr

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    R000032680
    Lot size
    1.24 Acres

    Building Details

    Architectural style
    Other

    John Withers, Broker (940) 400-7824

    Listing agent Jeff Withers (940) 400-7824 License #0644917

    Listing date Sep 26, 2025

    MLS# 21037808 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multifamily Land Near Tarleton State

    This 1.241-acre parcel is zoned R3 Multifamily and presents an opportunity for development. The site is located just over one mile from Tarleton State University, making it suitable for a 25–30 unit multifamily development. The location caters to the demand for rental housing from students, faculty, and the local workforce. This property is suited for investors and developers looking for a value-add project in a market characterized by consistent occupancy rates and steady rental demand. The limited supply of multifamily land near the university enhances the value of this tract, offering the potential to capitalize on both location and zoning flexibility.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Stephenville
    County
    Erath
    State
    Texas
    Longitude
    -98.23696739
    Latitude
    32.22603987

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    FAQs

    What type of property is this?
    Residential land & home lot - Strategically located land parcel zoned for multifamily development near university.
    Where is this residential land & home lot located?
    The property is located at 00 Rosebud Dr Stephenville, TX.
    What is the asking price?
    The asking price for this property is $555,000.
    What are key features of this property?
    This property features: - R3 Multifamily zoning allows for 25-30 unit development.; - Located just over one mile from Tarleton State University.; - High rental demand from students, faculty, and local workforce.
    (940) 400-7824
    Request Owner's contact information
    00 Rosebud Dr Stephenville, TX 76401
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    Stephenville, TX 76401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    00 Rosebud Dr Stephenville, TX 76401
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