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    1401 E Washington St Stephenville, TX 76401

    For Sale
    $950,000

    Unimproved Land - Stephenville, TX

    Type:Unimproved Land
    Lot size:
    8.60 Acres
    Days on Market:
    32
    Last Refresh:
    Dec 11 at 1:06 am

    Property Features for 1401 E Washington St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    R000044510
    Lot size
    8.60 Acres

    Building Details

    Architectural style
    Other

    Melton Real Estate Group, Inc. (254) 231-8179 [email protected]

    Listing agent Ronda Melton (254) 231-8179 License #694889

    Listing date Nov 10, 2025

    MLS# 21079524 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

    Stephenville Land with Development Potential

    This 8.6-acre tract of unimproved land is located in Stephenville, Texas, within city limits and zoned B-2, allowing for a wide range of commercial uses. The property is positioned behind Allsup's on the corner of Washington St. (Business 377) and East Road (Hwy. 281), offering high visibility and accessibility on one of Erath County’s most traveled corridors. The location provides close proximity to the Downtown Square and Tarleton State University. The site benefits from high daily traffic counts from two roadways. It is located 27 miles from Interstate 20 and 30 minutes from Granbury. This property offers outstanding possibilities for developers and unlimited potential in a desirable and fast-growing market.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Stephenville
    County
    Erath
    State
    Texas
    Longitude
    -98.188857
    Latitude
    32.228795

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    FAQs

    What type of property is this?
    Land - 8.6-acre commercial land tract in Stephenville, Texas.
    Where is this land located?
    The property is located at 1401 E Washington St Stephenville, TX.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: - High-visibility location on a major intersection (Washington St. and East Road) with high daily traffic counts.; - Large 8.6-acre tract suitable for development.; - Zoned B-2, allowing for a wide range of commercial uses within city limits.
    (254) 231-8179
    Request Owner's contact information
    1401 E Washington St 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
    1401 E Washington St Stephenville, TX 76401
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