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Commercial Land with Highway Access
For Sale
$3,600,000

1866 E Washington Street, Stephenville, TX 76401

Land, Stephenville, TX

Property SizeContact for details
Lot Size40.00 Acres
Days on Market153

Property Features for 1866 E Washington Street

General Information

Property type Land
Property subtype Other
Exterior features Storage
Fencing Fenced
Lot features Acreage, Level, Subdivided, Few Trees
Elementary school Central
Middle school Stephenvil
High school Stephenvil
Elementary school district Stephenville ISD
Middle school district Stephenville ISD
High school district Stephenville ISD
Directions Fronts US Hwy 377 near Twisted J and also fronts Business 377 across from the New City Limits Sports Academy and Purple Goat.
Standard status Active
APN R000025006
Lot size 40.00 Acres

Taxes and HOA fees

Tax Description ACRES: 40.000 A0683 SIMS WILLIAM; HOUSE & BAR
Tax Annual Amount 5854
Legal Description ACRES: 40.000 A0683 SIMS WILLIAM; HOUSE & BAR

Utilities

Sewer type Septic Tank
Water source Public, Well

Building Details

Year built 1950
Additional Structures Storage, Barn(s)
Listing Agency: DONAHO REAL ESTATE GROUP
Listed By: Paula Donaho · License #499946
Added: Apr 9 Changed: Sep 6 Last Checked: Sep 8 at 2:06PM
MLS# 14655558

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 40-acre commercial land tract includes a rock farmhouse built in 1950, older barns, a storm shelter, and a water well. The property is fenced, with some cross fencing in place, and includes storage-related improvements. Public water is available, and the site uses a septic tank.

Access is provided from Business 377, with connectivity to the US Hwy 377 South Loop. The property is approximately 1 mile from the US Hwy 281 intersection and sits along the outside edge of the city limits within the ETJ. The source information identifies potential for an industrial complex, multiple housing development, or other commercial uses.

Key Highlights

  • 40+-acre commercial land tract
  • Access from Business 377 with connection to US Hwy 377 South Loop
  • Approximately 1 mile to the US Hwy 281 intersection

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Dental Office Big Box & Wholesale Store Building Supply Auto Parts Store Grocery & Convenience Store HVAC Service

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

Lease Details

Yes
Fenced yard
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

176
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

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Large fenced tract with public water, a well, existing rural improvements, and access to the Business 377 corridor.
Where is this commercial land located?
The property is located at 1866 E Washington Street Stephenville, TX.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: 40+-acre commercial land tract; Access from Business 377 with connection to US Hwy 377 South Loop; Approximately 1 mile to the US Hwy 281 intersection
More about this property
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