Turnkey Student Rental
632 N Ollie Street, Stephenville, TX 76401
- Added:
- May 1, 2026
- Days on Market:
- 34
- Last Refresh:
- Jun 3 at 5:06 am
Property Features for 632 N Ollie Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Bathrooms
- 1
- Rooms
- Bathroom 1, Bedroom 1, Bedroom 2
- Parking
- 1
- Parking features
- Driveway
- Interior features
- BuiltInFeatures, EatInKitchen, GraniteCounters, HighSpeedInternet
- Exterior features
- FirePit, Storage
- Fencing
- Privacy
- Appliances
- ElectricRange
- Standard status
- Active
- APN
- R000030901
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Description
- S2800 COLLEGE HEIGHTS; BLOCK 11; LOT 19
- Tax Annual Amount
- 1723
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Central Air, Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1947
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Vinyl
- Roof type
- Asphalt
- Additional Structures
- Storage
Listing agent Eric Hayden License #0606910 (972) 772-1369
Listing office Ebby Halliday Realtors Forney, TX (254) 965-7653
Listing date May 1, 2026
MLS# 21247901
Listing URL
Copyright © 2026 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.
HighLights
- 2‑bedroom, 1‑bath single‑family home built in 1947 with public water and public sewer
- Tenant in place through June 30, 2027 at $1,400 per month
- Interior features include eat‑in kitchen, granite counters, built‑in features, and high‑speed internet
- Heating includes central and electric (heating); cooling includes central air and window unit(s)
- Electric range included; flooring is vinyl
- Exterior features include a fire pit, storage, privacy fencing, and driveway parking
Overview
This single-family 2-bedroom, 1-bath home is set up for straightforward ownership with a manageable layout designed for low-maintenance living. The property is being offered with a tenant in place, providing immediate rental income rather than requiring a vacancy period or a leasing push.
Located in Stephenville, the home is described as just steps from Tarleton State University, with walking-distance convenience that supports consistently strong rental demand associated with the campus community. The existing lease structure helps reduce early execution risk for investors seeking reliable cash flow.
With the lease in place through June 30, 2027, this is a practical fit for investors looking for a turnkey rental in a high-demand student/faculty area. It also offers portfolio expansion upside for buyers who want dependable income from day one while positioning for longer-term returns tied to ongoing university growth and enrollment momentum.
Located in Stephenville, the home is described as just steps from Tarleton State University, with walking-distance convenience that supports consistently strong rental demand associated with the campus community. The existing lease structure helps reduce early execution risk for investors seeking reliable cash flow.
With the lease in place through June 30, 2027, this is a practical fit for investors looking for a turnkey rental in a high-demand student/faculty area. It also offers portfolio expansion upside for buyers who want dependable income from day one while positioning for longer-term returns tied to ongoing university growth and enrollment momentum.
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Location Insight
- Map
- Local Demand
- City
- Stephenville
- County
- Erath
- State
- Texas
- Longitude
- -98.214882
- Latitude
- 32.21949
Nearby Similar for Sale
FAQs
What type of property is this?
Single family property - 2-bedroom, 1-bath home with an in-place tenant through June 2027 for steady investment income.
Where is this single family property located?
The property is located at 632 N Ollie Street Stephenville, TX.
What is the asking price?
The asking price for this property is $179,000.
What are key features of this property?
This property features: 2‑bedroom, 1‑bath single‑family home built in 1947 with public water and public sewer; Tenant in place through June 30, 2027 at $1,400 per month; Interior features include eat‑in kitchen, granite counters, built‑in features, and high‑speed internet
