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    860 W Long St Stephenville, TX 76401

    For Sale
    $599,000

    Improved Land - Stephenville, TX

    Lot size:
    1.68 Acres
    Days on Market:
    40
    Last Refresh:
    Dec 13 at 3:06 am

    Property Features for 860 W Long St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    R000029717
    Lot size
    1.68 Acres

    Building Details

    Year built
    1920
    Architectural style
    Other

    Keller Williams Heritage West (254) 335-0500 [email protected]

    Listing agent Sam Byrd (254) 335-0500 License #717388

    Listing date Nov 4, 2025

    MLS# 20595441 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

    Multifamily Zoned Lot in Stephenville

    This 1.68-acre lot, zoned R3 for multifamily use, presents a development opportunity. Located in Stephenville, Texas, the property is centrally located near Tarleton State University (TSU), the city park, the downtown area, and the shopping district. A large complex of new apartments is under construction nearby. The lot includes an updated, large older home that could be rented to offset costs. The street in front of the property has been recently updated with new sidewalks. There is also a possibility of some additional acreage that would give the lot access to a second street.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon 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
    -98.20659244
    Latitude
    32.21504602

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    FAQs

    What type of property is this?
    Residential land & home lot - 1.68 acre R3 lot near TSU and downtown.
    Where is this residential land & home lot located?
    The property is located at 860 W Long St Stephenville, TX.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: - Large 1.68-acre lot zoned for R3 multi-family development.; - Prime location near TSU, city park, downtown, and shopping district.; - Existing updated, large older home on-site can be rented for income.
    (254) 335-0500
    Request Owner's contact information
    860 W Long 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
    860 W Long St Stephenville, TX 76401
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