715 N Paddock Street Stephenville, TX 76401
LAND - Stephenville, TX
Property Features for 715 N Paddock Street
General Information
- Property type
- Land
- Property subtype
- Other
- Vegetation
- Wooded, Grassed
- Standard status
- Active
- APN
- R000033253
- Lot size
- 1.95 Acres
Taxes and HOA fees
- Tax Description
- S5700 SHAPARD & COLLINS; BLOCK 9; LOT 1 & 2
- Tax Annual Amount
- 1135
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Listing agent Jamie Wooley License #0645307 (214) 524-3500
Listing office Citiwide Alliance Realty Dallas, TX (214) 326-0399
Listing date Jan 28, 2026
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Investment Insights
Based on property information with market context.
Located at 715 N Paddock Street in Stephenville, the property is described as being less than 1 mile from Tarleton State University. It is also positioned adjacent to the newly developed Purple Rail townhomes, which can support rental demand for an operator or investor planning a long-term housing component.
The combination of existing townhome plans, flexible zoning, and proximity to a major university makes this tract particularly relevant for buyers considering student housing or other residential-focused growth. With a ready-to-go framework already established, the site may appeal to developers and investors who want to reduce upfront planning time while retaining the option to evaluate alternative uses consistent with the R-2 and industrial zoning parameters.
Key Highlights
- Plans for 33 townhome units included with the property
- Zoned R‑2 and for industrial use, offering flexibility for multiple development strategies
- Water service: public; sewer service: public sewer
