Search
2 Acre Development Site Near TSU
For Sale
$999,900

955 N Ollie Street, Stephenville, TX 76401

LAND - Stephenville, TX

Lot Size2.00 Acres
Days on Market124

Property Features for 955 N Ollie Street

General Information

Property type Land
Property subtype Other
Zoning description R3 Multi-Family
Subdivision Kight 2nd Add
Lot features Corner Lot, Level, Few Trees, City Lot
Elementary school Chamberlai
High school Stephenvil
Elementary school district Stephenville ISD
Middle school district Stephenville ISD
High school district Stephenville ISD
Directions GPS Friendly @ 955 N Ollie St
Standard status Active
APN R000077978
Lot size 2.00 Acres

Taxes and HOA fees

Tax Description ACRES: 2.351 S4400 KIGHT SECOND ADDITION; BLO
Legal Description ACRES: 2.351 S4400 KIGHT SECOND ADDITION; BLO

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: Clark Real Estate Group
Listed By: Brad Harrison · License #0740652
Added: Mar 31 Changed: Jun 3 Last Checked: Aug 1 at 6:06AM
MLS# 21222791

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.

Investment Insights

Based on property information with market context.

This 2-acre property in Stephenville, Texas, presents a development opportunity with frontage on three streets. The site is a short walk from Tarleton State University. Zoned R3, the land allows for single or multi-family residential construction. Electric, water, and sewer services are available on-site. The property consists of four lots, each approximately 0.5 acres, offering flexibility for a high-density residential project. The location is suited for student housing, an apartment complex, or a luxury townhome community. The site allows for creative site plans, optimized parking layouts, and easy access. The zoning supports diverse construction possibilities, from single-family homes to high-occupancy multi-family units. The location captures the demand for housing near the university, making it suitable for a single residence multi-unit complex or a high-end residential enclave.

Key Highlights

  • Prime 2.0‑acre multi‑family development site near Tarleton State University.
  • Zoned R3, allowing for diverse high‑density residential construction.
  • Three‑street frontage provides superior accessibility and flexible site planning.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Home Appliance Store Food Market Carpet & Flooring Store Gym & Fitness Center Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

363
Businesses Nearby

Demographics for 76401, TX

30,144
Population
13,826
Households
2.2
Avg Household Size
30
Median Age
35%
College-Educated
90%
High-School Grad
411.3 sq mi
ZIP Area
73
Density / Sq Mi
$60,864
Median Household Income
$31,925
Median Earnings
$1,136
Median Rent
$252,000
Median Home Value

Market

Properties on Market for Land in Stephenville

Feb
Mar
Apr
May
Jun
Jul
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - 2-acre multi-family development site near Tarleton State University.
Where is this land located?
The property is located at 955 N Ollie Street Stephenville, TX.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: Prime 2.0‑acre multi‑family development site near Tarleton State University.; Zoned R3, allowing for diverse high‑density residential construction.; Three‑street frontage provides superior accessibility and flexible site planning.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message