Turnkey Townhome Development
For Sale
$699,000
715 North Paddock Avenue, Stephenville, TX 76401
For-sale land with existing plans for 33 townhomes, zoned for both residential and industrial use.
Property Size85,029 SF
Price / SF$8.22
Days on Market243
Property Features for 715 North Paddock Avenue
General Information
Standard status
Active
Size
85,029 SF
Property subtype
Lots & Acreage / Unimproved Land
Zoning
R-2
Amenities
Other
No
Listing Agency:
Citiwide Alliance Realty
(469) 891-2592
Listed By:
Jamie Wooley · License #0645307
(469) 891-2592
Source:
Compass
Added: Dec 21, 2025
Changed: Aug 8
Last Checked: Mar 25 at 7:27PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Citiwide Alliance Realty
Investment Insights
Based on property information with market context.
For sale is development land with existing plans to include 33 townhomes. The property is described as turnkey, with the townhome units developed through a team of architects, engineers, and project managers, intended to help reduce time and cost associated with the development process.
The site is located at 715 North Paddock Avenue in Stephenville, Texas, with Tarleton State University listed as less than 1 mile away. The property is also noted as adjacent to newly developed Purple Rail townhomes.
Zoning is described as supporting both residential (R-2) and industrial use, providing flexibility for multiple development strategies while accommodating the planned townhome project.
The site is located at 715 North Paddock Avenue in Stephenville, Texas, with Tarleton State University listed as less than 1 mile away. The property is also noted as adjacent to newly developed Purple Rail townhomes.
Zoning is described as supporting both residential (R-2) and industrial use, providing flexibility for multiple development strategies while accommodating the planned townhome project.
Key Highlights
- For‑sale land with existing plans for 33 townhomes
- Zoned for both residential (R‑2) and industrial use
- Adjacent to newly developed Purple Rail townhomes
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - For-sale land with existing plans for 33 townhomes, zoned for both residential and industrial use.
Where is this residential land & home lot located?
The property is located at 715 North Paddock Avenue Stephenville, TX.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: For‑sale land with existing plans for 33 townhomes; Zoned for both residential (R‑2) and industrial use; Adjacent to newly developed Purple Rail townhomes
