- – beds
- – baths
- – sqft
- 15,246 sqft lot
- – on site
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 steps 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.
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Last updated Jun 13, 2025
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MLS# 20959849 —
Location
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Directions:Off South Graham across from city park entrance.
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Latitude:32.21280300
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Longitude:-98.20829200
The Property
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Property Type:Land
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Property Subtype:Unimproved Land
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Parcel Number:R29398
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# of Lots:2
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Lot Features:Acreage, Interior Lot
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Lot Size:Less Than .5 Acre (not Zero)
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Lot Size SqFt:15246.0000
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Lot Size Acres:0.3500
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Lot Size Area:0.3500
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Lot Size Units:Acres
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Lot Size Source:Public Records
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Easements:Utilities
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Restrictions:Easement(s)
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Possible Use:Commercial, Development, Investment, Mixed Use, Multi-Family, Residential, Retail
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Zoning Description:B-3
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Road Frontage Type:City Street
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Road Surface Type:Asphalt
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Will Subdivide:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Lot:17
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Tax Block:41
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Tax Legal Description:S2600 CITY ADDITION; BLOCK 41; LOT 17 & 18 (E
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/ntreis/20959849
Utilities
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Utilities:Asphalt, None
Schools
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School District:Stephenville ISD
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Elementary School:Central
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Elementary School Name:Central
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Jr High School Name:Stephenvil
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Intermediate School Name:Gilbert
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High School Name:Stephenvil
The Community
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Subdivision Name:City Add
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Association Type:None
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Development Status:City Limits, Streets Installed, Zoned
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).