3050 Washington St Stephenville, TX 76401
This exceptional 26.914-acre property located at 3050 W Washington Street in Stephenville, Texas (zip code 76401), presents a premier development opportunity. Boasting one of the highest Texas Department of Transportation traffic counts within Stephenville city limits, this site offers unparalleled visibility and accessibility. The property features ample frontage along Highway 377 (Washington Street) and has existing utilities on-site. Currently zoned B-2, the land is suitable for a wide range of commercial uses, including retail establishments, restaurants, hotels, banks, and churches. The substantial lot size (1,172,374 square feet) is priced at $2.81 per square foot, with an asking price of $3,300,000. The property's location in Erath County, Texas, provides easy access to major transportation routes. While currently zoned for commercial use, the rear portion of the property presents potential for residential development with appropriate rezoning. Seller financing options are available
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.