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    2154 E Washington St Stephenville, TX 76401

    For Sale
    $1,807,865

    Unimproved Land - Stephenville, TX

    Type:Unimproved Land
    Lot size:
    21.27 Acres
    Days on Market:
    179
    Last Refresh:
    Dec 11 at 9:06 am

    Property Features for 2154 E Washington St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    R000025030
    Lot size
    21.27 Acres

    Building Details

    Year built
    1945
    Roof type
    Asphalt
    Architectural style
    Other

    DONAHO REAL ESTATE GROUP (254) 595-0066

    Listing agent Paula Donaho (254) 595-0066

    Listing date Jun 16, 2025

    MLS# 20968436 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

    21+ Acre Land in Stephenville

    This 21.269-acre property is located on Business 377 with access to US 377. Situated in the ETJ, the land presents opportunities for an industrial complex or multiple housing development, as well as various commercial uses. The property includes three homes located on the Business 377 side.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Clothing Store Pharmacy Gym & Fitness Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Stephenville
    County
    Erath
    State
    Texas
    Longitude
    -98.18134197
    Latitude
    32.23098513

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    FAQs

    What type of property is this?
    Commercial land - 21+ acre property suitable for industrial or residential development.
    Where is this commercial land located?
    The property is located at 2154 E Washington St Stephenville, TX.
    What is the asking price?
    The asking price for this property is $1,807,865.
    What are key features of this property?
    This property features: - 21.269 acres with frontage on both Business 377 and US 377.; - Excellent potential for industrial complex, multiple housing development, or various commercial opportunities.; - Includes 3 homes located on the Business 377 side.
    (254) 595-0066
    Request Owner's contact information
    2154 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
    2154 E Washington St Stephenville, TX 76401
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