Rosebud Drive
Stephenville, TX 76401
$525,000
1.24 acres
Description
Excellent opportunity to acquire a strategically located parcel zoned R3 Multifamily, just over one mile from Tarleton State University. This property offers strong potential for a 25–30 unit multifamily development, aligning with the high rental demand driven by student housing, faculty, and the growing local workforce. The site is positioned for investors and developers seeking a value-add project in a market with consistent occupancy rates and steady rental demand. With multifamily land in limited supply this close to campus, this tract represents a rare chance to capitalize on both location and zoning flexibility.
Location
Schools
| School Name | Grades | Admission |
|---|---|---|
| Chamberlin Elementary School | 1 - 2 | Regular |
| Hook Elementary School | 3 - 4 | Regular |
| Gilbert Intermediate School | 5 - 6 | Regular |
| Henderson Jr High School | 7 - 8 | Regular |
| Stephenville High School | 9 - 12 | Regular |
| Central Elementary School | PK - KG | Regular |
| 6 Schools | ||
*All school information should be verified by local Independent School District.
* Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer.
The information contained herein is furnished by the owner to the best of his/her knowledge, but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.