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    2309 W Washington St Stephenville, TX 76401

    For Sale
    $995,000

    Unimproved Land - Stephenville, TX

    Type:Unimproved Land
    Lot size:
    0.98 Acres
    Days on Market:
    129
    Last Refresh:
    Dec 10 at 12:06 am

    Property Features for 2309 W Washington St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    R000030391
    Lot size
    0.98 Acres

    Building Details

    Year built
    1965
    Architectural style
    Other

    La Joya Realty (254) 592-7161

    Listing agent Joseph Selem (254) 592-7161

    Listing date Aug 4, 2025

    MLS# 20794406 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

    Prime Commercial Land in Stephenville

    This 0.98-acre lot presents significant potential for various commercial ventures, including quick-service restaurants, businesses, or leasable spaces. Situated on the primary retail corridor of Stephenville, the location benefits from a traffic count of 13,596. The property features over 130 feet of frontage on West Washington Street at the intersection of South Loop and West Washington Street, ensuring visibility from South Loop, which records a traffic count of 19,336. The site is located less than one mile from Stephenville Independent School District's $40 million stadium and Tarleton State University's new $110 million event center. This vacant B2 lot near Tarleton State University is positioned in an area experiencing increasing commercial development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Stephenville
    County
    Erath
    State
    Texas
    Longitude
    -98.2296245
    Latitude
    32.20832834

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    FAQs

    What type of property is this?
    Commercial land - Unimproved land on main retail corridor, high traffic, near university.
    Where is this commercial land located?
    The property is located at 2309 W Washington St Stephenville, TX.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: - Located on the main retail corridor of Stephenville with high traffic count.; - Over 130' ft of frontage on West Washington at the intersection of South Loop and W Washington.; - Proximity to major developments: SISD $40 million dollar stadium and Tarleton State University's $110 Million dollar event center (less than 1 mile).
    (254) 592-7161
    Request Owner's contact information
    2309 W 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
    2309 W Washington St Stephenville, TX 76401
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