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Property profile & analytics
OFF-MARKET
Land

3050 Washington St Stephenville, TX 76401

1,172,374 SF 26.91 ac lot
Property ID
Property summary
AI-generated overview

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

Property profile
Verified
Property type Land
Total area 1,172,374 SF
Lot 26.91 ac (1,172,374 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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