715 N Paddock Street
Stephenville, TX 76401
$699,000
1.95 acres
Description
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!
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.