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$1,349,000
12 Beds ⋅ 12 Baths ⋅ 21347278 MLS
Exceptional opportunity to purchase a brand-new luxury fourplex in Stephenville before completion. This townhome-style development is being designed to feature four spacious 3-bedroom, 2.5-bath units with attached one-car garages. The current design is approximately 1,634 square feet per unit, with plans being revised to increase the living area to approximately 1,800 square feet per unit. Final square footage and specifications are subject to final plans. Luxury finishes are planned throughout, including stained concrete flooring on the first floor, luxury vinyl plank upstairs, modern kitchens, and attached garages. Estimated rental income of approximately $2,200 per unit ($105,600 annually). Buyers who purchase early may have the opportunity to influence finish selections depending on the stage of construction. Contact the listing agent for floor plans, pricing, timeline, and additional information. Buyer has the opportunity to secure this property before completion. Price and specifications are subject to change as construction progresses.

811 W Oak, Stephenville
$320,000
21328544 MLS
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, placing completion perfectly to deliver move-in ready units for summer 2026—ideal timing for Tarleton student leasing for the 2026–2027 academic year. 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.

1040 W Oak St, Stephenville

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.

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