Stephenville Homes with City Lot Lot description

Stephenville Homes with City Lot Lot description

Welcome to Stephenville, Texas—a charming city nestled in Erath County that beautifully blends small-town charm with vibrant community spirit. Known as the "Cowboy Capital of the World," Stephenville is rich in Western heritage and offers a welcoming atmosphere for families, professionals, and retirees alike. With a population that embodies the warmth of Texas hospitality, this city is a place where neighbors become friends and community connections flourish.

Stephenville boasts a variety of amenities, including local shops, restaurants, and parks that cater to both leisure and recreation. The city is also home to Tarleton State University, which adds a youthful energy and a range of cultural events throughout the year. For outdoor enthusiasts, the nearby lakes and rolling hills provide ample opportunities for hiking, fishing, and enjoying the stunning Texas landscape.

When it comes to real estate, Stephenville offers a selection of homes with city lot options, perfect for those seeking a blend of space and convenience. These properties typically feature generous yards, allowing for outdoor gatherings, gardening, or simply enjoying the Texas sunshine. The homes in this area are designed to accommodate various lifestyles, from cozy single-family residences to more spacious options for growing families.

Living in Stephenville means embracing a lifestyle filled with community events, a strong sense of belonging, and the beauty of rural Texas. Whether you’re looking to settle down or invest, this city offers a wonderful place to call home. Explore the possibilities and discover why so many choose to make Stephenville their forever home!

Newest Stephenville Homes with City Lot Lot description

$1,650,000
21365039 MLS
25.59 acres of unimproved commercial land in Stephenville, TX. Located behind the Purple Goat with access from E Washington Street via a narrow access strip. Portions of the property are located within a FEMA flood zone. Excellent opportunity for future commercial or housing development, subject to zoning, access, utilities, floodplain requirements, and city approval. Buyer and buyer's agent to verify all information and development requirements.

1619 E Washington St, Stephenville
$599,000
21347479 MLS
Great opportunity! Check this one out! This listing is for both 640 and 646 N McCart. This lot is located just a few blocks away from Tarleton State University! This lot is 1.27 acres of land which is currently zoned PD Planned Development! It can easily be rezoned to R 2.5 or R3 if needed! The two old homes on the property hold no value! This size lot does not come along very day! Seriously, 1.27 acre lots within waling distance to the University are unheard of in Stephenville! So come take a look and see if this is the one for you!!

640 N Mccart St, Stephenville
$249,000
21347466 MLS
Great lot close to the University! Check out this opportunity! This lot is located a couple blocks from Tarleton State University! It is currently zoned IND Industrial, but there is a very likely possibility of getting it rezoned to R 2.5 or R3! There is road frontage on two sides! It is very level and buildable! Tarleton is one of the nations fastest growing universities, and it shows no signs of slowing down anytime soon! If you are looking for an opportunity to build some townhomes, duplexes or apartments, then here it is! It would be also a great place to build some contractor shops or other commercial buildings! Lots like this are getting harder and harder to find, so come take a look and see if this is the one for you!

717 N Mccart St, Stephenville
$325,000
21313340 MLS
Prime Development Opportunity in the Heart of Stephenville – Zoned B-3 (Central Business District). Unlock the full potential of this rare 0.35-acre combined tracts. This prime property presents a wealth of opportunity for savvy investors, builders, and developers. Strategically positioned just 3 minutes from downtown Stephenville and a short 5-minute drive to Tarleton State University, this site offers convenient access to the city’s core attractions, schools, and major thoroughfares. Grocery stores, shopping centers, eateries, and essential services are all just minutes away, making it a highly attractive area for both residential and commercial projects. This property allows for versatile development options, including Single or Multi-Family Residential, Commercial-Retail, and Mixed-Use Projects. This zoning flexibility opens the door for a range of investment strategies, from rental housing and student accommodations to office or retail space, catering to the city’s growing population and economic expansion. Adding to its value, the property is located just steps from the scenic Bosque River Walking Trail a popular outdoor amenity that enhances quality of life and adds marketability to any future development. Also, just three blocks from the city park that is bustling with activities and events year round. Whether you’re looking to establish a new business presence, expand a rental portfolio, or bring a visionary multi-use concept to life, this property is a strategic asset poised for long-term growth. Don’t miss this exceptional opportunity to acquire land in one of Stephenville’s most sought-after and flexible zoning areas — ideal for those looking to build smart in a flourishing market.

Crow St, Stephenville
$200,000
21308370 MLS
LOCATION, LOCATION, LOCATION! Unlock incredible investment potential with this centrally located lot in the heart of Stephenville. This property is a clean slate already zoned to accommodate single-family, duplex, or triplex development. Positioned for maximum rental demand, it sits just minutes from Tarleton State University, within easy walking distance to the city park, and moments from vibrant downtown Stephenville. Whether your goal is to build highly profitable student housing, a long-term income-producing duplex, or premium multi-family units for future resale, this high-demand location offers endless possibilities. City water and sewer are already in place—bring your builders and your vision to capitalize on Stephenville's booming market!

563 E Long St, Stephenville
$1,098,000
21260732 MLS
Builders, Developers, Investors... LOOK HERE! This is an exceptional 3.51-acre tract, located just off W Washington, in one of Stephenville's fastest-growing corridors. Surrounded by brand new and established Multi-Family construction, this is the ideal location, on pavement, for your next Multi-Family project. This location offers both convenience and opportunity to downtown Stephenville, the Bosque River Trail, and the wildly trending Tarleton State University. Situated on the east side of town, this location also provides easy access to the very busy Highway 281, and Highway 377. The city has just recently stubbed out a multi-family sewer line at the rear neighboring boundary of the property. Currently, a 1012 SQ FT, 2-bedroom, 1-bath rental home sits on the property.

310 Clark Ln, Stephenville
$750,000
21225728 MLS
ATTENTION DEVELOPERS! This combined 1.1 acre CORNER lot zoned R-3 Multi Family is perfect for development. It is just 3 minutes to Tarleton State University and also just minutes to the city park, hike & bike trail as well as the local shops and restaurants. Now is the time to grab this prime piece of real estate on 1+ acres in town! 1270 W Hyman & 1290 W Hyman. Land only, house to be moved.

1290 W Hyman St, Stephenville
$999,900
21222791 MLS
* 2.0 Acre Multi-Family Development Site * 3-Street Frontage * Short Walk to TSU Location: 10-Minute Walk to Tarleton State University Campus Zoning: R3 (Single or Multi-Family Residential) Utilities: Electric, Water, and Sewer Services Available On-Site The Opportunity: Seize a rare, shovel-ready development opportunity in the heart of Stephenville, Texas. This prime 2.0 acre tract consists of four 0.5+or- acre lots, offering unparalleled flexibility for a high-density residential project. Positioned just blocks from Tarleton State, this is the premier location for student housing, an apartment complex, or a luxury townhome community. Strategic Advantages: Superior Accessibility: This is a rare opportunity with convenient street access on three sides, allowing for creative site plans, optimized parking layouts, and easy ingress-egress. High-Density Potential: Currently zoned R3, the land supports diverse construction possibilities from single-family homes to high-occupancy multi-family units. Infrastructure Ready: Save time and capital—Electric, City Water, and Sewer services are already available, significantly lowering your pre-development hurdles. Market Demand: Situated in one of Stephenville's most sought-after pockets, capturing the consistent demand for housing near the university. Whether you are looking to build a single residence multi-unit complex or a high-end residential enclave, the layout and size of this property allow for maximum creativity and ROI. Invest in Stephenville’s growth now! Contact us today for site details.

955 N Ollie St, Stephenville
$229,500
21200397 MLS
Redevelopment Opportunity: 0.48+,- acre corner lot parcel consisting of three individual platted lots at E Broadway and Drew Street in Stephenville Texas, Erath County. The property includes mature trees, fencing, and an older barn. The existing 1947 structure is not livable and contributes no value, making this an excellent redevelopment opportunity for a one to two-family dwelling (Zoning R-2). Several notable places sit within a short distance of 609 E Broadway, Stephenville, TX, giving the area a mix of residential, educational, restaurants, and community-oriented surroundings. NOTE: OWNER FINANCING is available.

609 E Broadway St, Stephenville
$219,000
21187490 MLS
Excellent development opportunity! This investment property is perfectly suited for a small multifamily development. Depending on the configuration, it’s possible to build up to 4 townhome style units which are highly sought after in the community. This property is located in close proximity to Tarleton State University and downtown Stephenville. This is a great opportunity to capitalize on the real estate boom sparked by the growth of Tarleton State University and new industries relocating or expanding in Erath County. Don’t miss out on this chance to start or expand your real estate portfolio.

900 Blk N Mccart St, Stephenville
$699,000
21152834 MLS
RARE turnkey in Prime location with existing plans to include 33 townhomes. The word is out Tarleton is D-1 and the buying window is short before the large funds come to town. With Tarleton State University less than 1 mile, this property offers investors an opportunity to capitalize on the demand needed for student housing. Zoned for both residential (R-2) and industrial use, the site provides flexibility for multiple development strategies in addition to the student housing. Adjacent to the newly developed Purple Rail townhomes, the property is ideally positioned to attract consistent rental demand and long-term appreciation. The 33 townhome units were developed by a team of architects, engineers and project managers. This is ready to go saving you significant time and money in the development process. Get in before you can not afford to!

715 N Paddock St, Stephenville
$175,000
21152946 MLS
This lot presents a compelling investment and development opportunity in a growing North Central Texas market. The property is currently zoned B-2 (General Retail & Commercial), allowing for a wide range of commercial uses including retail, office, and service-oriented businesses. Its location offers convenient access to major roadways, nearby businesses, and the broader Stephenville area, making it well-suited for owner-users or investors seeking commercial exposure. In addition to its existing commercial zoning, the property offers potential upside for future redevelopment. With the continued growth of Stephenville and increasing demand for housing, the site may be a candidate for rezoning to multifamily, subject to city approval.

811 N Miller, Stephenville
Start Your Search

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

Last updated: