Lot 4R2 N Ollie Street
Stephenville, TX, 76401
$249,900
Beds
0 Baths
SqFt
0.54 Acres
MLS #21321417 image #0

Location

* 0.5+ Acre Multi-Family Development Site * 3-Street Frontage * Short Walk to TSU

Location: Short Walk to Tarleton State University, Chamberlain and Hook Elementary
Zoning: R3 (Single or Multi-Family Residential)
Utilities: Electric, Water, and Sewer Services Available On-Site

The Opportunity: Seize a rare, shovel-ready development opportunity in the heart of Stephenville, Texas. This prime 0.5+ acre tract offers unparalleled flexibility for a high-density residential project. Positioned just blocks from Tarleton State and Stephenville schools, this is the premier location for student housing, an apartment complex, or a luxury townhome community.

Strategic Advantages: Location, Location, Location

Superior Accessibility: This is a rare opportunity with convenient street access on three sides, allowing for creative site plans, optimized parking layouts, and easy ingress-egress.

High-Density Potential: Currently zoned R3, the land supports diverse construction possibilities from single-family homes to high-occupancy multi-family units.

Infrastructure Ready: Save time and capital—Electric, City Water, and Sewer services are already available, significantly lowering your pre-development hurdles.

Market Demand: Situated in one of Stephenville&#39's most sought-after pockets, capturing the consistent demand for housing near the university.
Whether you are looking to build a single residence multi-unit complex or a high-end residential enclave, the layout and size of this property allow for maximum creativity and ROI.

Offered as four 0.5+- acre tracts or one 2.0 acre tract MLS#21222791

Invest in Stephenville’s growth now! Contact us today for site details.

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

Property Details

Price:
$249,900
MLS #:
21321417
Status:
Active
Baths:
0
Type:
Land
Subtype:
Unimproved Land
Subdivision:
KIGHT SECOND ADDITION
Listed Date:
Jul 4, 2026
Lot Size:
23,653 sqft / 0.54 acres (approx)
Kight Second AdditionStephenville IsdChamberlaiStephenvil

Schools

School District:
Stephenville ISD
Elementary School:
Chamberlai
High School:
Stephenvil

Interior

Exterior

Fencing
None
Lot Size Area
0.5430
Number Of Lots
4
Vegetation
Grassed

Financial

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

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Aaron a full-service broker serving the Northern DFW Metroplex. Aaron has two decades of experience in the real estate industry working with buyers, sellers and renters.

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Community

Subdivisions in Stephenville

Market Summary

Current real estate data for Land in Stephenville as of Aug 29, 2026
193
Land Listed
213
Avg DOM
$667,727
Avg List Price

Property Summary

    Located in the KIGHT SECOND ADDITION subdivision, Lot 4R2 N Ollie Street Stephenville TX is a Land for sale in Stephenville, TX, 76401. It is listed for $249,900 and features 1 acres. To schedule a showing of MLS#21321417 at Lot 4R2 N Ollie Street in Stephenville, TX, contact your Aaron Layman Properties agent at 940-209-2100.
Lot 4R2 N Ollie Street
Stephenville, TX