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Multifamily Land Near Tarleton State

Rosebud Drive Stephenville, TX 76401

Rosebud Drive, Stephenville, TX, 76401
$525,000
For Sale
$525,000

LAND - Stephenville, TX

Lot Size1.24 Acres
Days on Market47

Property Features for Rosebud Drive

General Information

Property type
Land
Property subtype
Other
Vegetation
Grassed
Standard status
Active
APN
R000032680
Lot size
1.24 Acres

Taxes and HOA fees

Tax Description
ACRES: 1.241 S5250 NORTH HILLCREST; BLOCK 1;
Tax Annual Amount
696

Utilities

Sewer type
Public Sewer
Water source
Public
Listing Agency Stag Residential
Denton, TX
Listed by Jeff Withers · License #0644917
Added: Jun 3 Checked: Jul 19 at 10:06 pm
MLS# 21037808 Listing URL

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Investment Insights

Based on property information with market context.

This 1.241-acre parcel is zoned R3 Multifamily and presents an opportunity for development. The site is located just over one mile from Tarleton State University, making it suitable for a 25–30 unit multifamily development. The location caters to the demand for rental housing from students, faculty, and the local workforce. This property is suited for investors and developers looking for a value-add project in a market characterized by consistent occupancy rates and steady rental demand. The limited supply of multifamily land near the university enhances the value of this tract, offering the potential to capitalize on both location and zoning flexibility.

Key Highlights

  • R3 Multifamily zoning allows for 25‑30 unit development.
  • Located just over one mile from Tarleton State University.
  • High rental demand from students, faculty, and local workforce.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Residential land & home ...

FAQs

What type of property is this?
Residential land & home lot - Strategically located land parcel zoned for multifamily development near university.
Where is this residential land & home lot located?
The property is located at Rosebud Drive Stephenville, TX.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: R3 Multifamily zoning allows for 25‑30 unit development.; Located just over one mile from Tarleton State University.; High rental demand from students, faculty, and local workforce.
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