715 N Paddock Street, Stephenville, TX

$1,500,000

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1.87

Acres

About 715 N Paddock Street

Located within a mile of Tarleton State University, this investment opportunity stands out as PRIME real estate. Multiple parcels, zoned for residential (R-2) and industrial use. The existing zoning framework inherently accommodates a wide array of development prospects, with ongoing deliberations regarding potential rezoning affording versatility in project planning. Prospective endeavors span the spectrum from residential to commercial and mixed-use developments. The proximity to the university makes it highly desirable, especially for student housing. For those seeking a streamlined development approach, a turnkey option is at your disposal. Owner has meticulously assembled a proficient team of architects, engineers, and project managers, prepared to deliver comprehensive, turnkey construction plans specifically tailored for a 30-unit townhome development. Beyond financial returns, it offers the satisfaction of actively contributing to the evolution of a flourishing community.

Features of 715 N Paddock Street

MLS® # 20447033
Price $1,500,000
Bathrooms 0.00
Acres 1.87
Type Land
Sub-Type Unimproved Land
Status Active

Community Information

Address 715 N Paddock Street
Subdivision Shapard & Collins
City Stephenville
County Erath
State TX
Zip Code 76401-3161

Amenities

Utilities City Sewer, City Water
Is Waterfront No
Has Pool No

Interior

Heating None
Fireplace No

Exterior

Lot Description Acreage

School Information

District Stephenville ISD
Elementary Central
High Stephenvil

Additional Information

Zoning One and two-family residential (R-2) and Industrial

Listing Details

AgentAshlyn Allen
OfficeCitiwide Alliance Realty
Contact Info346-412-0524

Listing Map

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