$295,000

1040 W Oak Street, Stephenville TX, 76401

Price per sqftN/A

Built in2025

Property typeCommercial

Overview

Active

Updated Aug 18

Exceptional Multifamily Development Opportunity – .439 Acre in Prime Stephenville Location Discover an investment-ready project offering 3 duplexes (6 total units, 18 bedrooms) positioned in one of Stephenville’s most sought-after rental corridors. This .439-acre property comes fully prepared for development with architectural plans, civil plans, an approved replat, and a builder’s construction estimate included—making this an ideal turnkey opportunity for investors looking to capture the strong demand around Tarleton State University. City water and sewer are already on site, streamlining permitting and speeding up your construction timeline. Once building permits are issued by the City, the builder estimates a 4–6 month construction window. Whether you’re expanding your portfolio or entering the highly competitive Stephenville rental market, this property offers a unique mix of readiness, location, and income potential.

Additional information

MLS^® ID: 21328544

Interior Features

Basement: No

Exterior Features

Lot Size: 0.44 Acres

Other Property Details

Taxes: $1,675
Tax Frequency: Annually

Listed by Marandy Dove with Marandy Dove Realty
Listing Contact:

The IDX display contains information sourced from the North Texas Real Estate Information Systems, Inc. as of 8/18/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 8/18/2026 at 11:22 PM UTC