Location
* 0.5+- Acre Multi-Family Development Site * 3-Street Frontage * Short Walk to TSU
Location: Short Walk to Tarleton State University, Chamberlin 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''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.
Location: Short Walk to Tarleton State University, Chamberlin 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''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.
Property Details
Price:
$249,900
MLS #:
21321426
Status:
Active
Baths:
0
Type:
Land
Subtype:
Unimproved Land
Subdivision:
KIGHT SECOND ADDITION
Listed Date:
Jul 4, 2026
Lot Size:
19,514 sqft / 0.45 acres (approx)
Schools
School District:
Stephenville ISD
Elementary School:
Chamberlai
High School:
Stephenvil
Interior
Exterior
Fencing
None
Lot Size Area
0.4480
Number Of Lots
4
Vegetation
Grassed
Financial

See this Listing
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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Similar Listings Nearby
Community
- AddressLot 4R3 N Ollie Street Stephenville TX
- SubdivisionKIGHT SECOND ADDITION
- CityStephenville
- CountyErath
- Zip Code76401
Subdivisions in Stephenville
- 00
- A0111 B B B & C R R CO
- A0142 CAMPBELL CATHERINE
- A0198 DILLARD REUBEN
- A0200 DAY ALBERT
- A0270 FORBES BENJAMIN; A0198
- A0352 Hoppe Ann, MK
- A0751 R Snodgrass; A1018 I Hand; A1271 J Sweeney;
- acreage
- Acres 0.178, S3200 CROW STYLES ADDITION
- Acres 10.340, A0214 DUNCAN PETER J; HOUSE & BARN
- Acres 22.049, A0880 TW MORRISON; & HOUSE
- Acres: 112.730 A0734 S A & M G Rr Co; A0751 R Snod
- Alfred C Grimes
- AO197 DUPUY John
- BAILEY JESSE
- Beaver Creek
- Bell Daniel
- Belmont
- Belmont Add
- Bosque Heights
- Brower Henry H
- Butler
- Butler Add
- Cage Add
- CAMPBELL H O
- Cee Bar Ranch
- Cee-Bar Ranch 16
- Chamberlin Add
- Chamberlin Addition
- CHISOLM BENJAMIN
- City Add
- City Addition
- City of Stephenville
- City Stephenville
- Clifton Heights
- College Heights
- Counts Add
- Crow Styles Add
- Crow Styles Addition
- Dale Ave North Add
- Denman Add
- DENMAN ADDITION
- Diamond C Ranch Estates
- Diamond C Ranch Estates Ph II
- Diamond C Ranch Estates Ph III
- Diamond Oaks I
- Diamond Oaks Tr 20 Ph 01
- Dillard Reuben
- DUBOIS SAMUEL
- Dupuy
- Dvorak Add
- Elk Rdg Estates Ph III
- Elk Ridge Estate
- Elk Ridge Estates
- Erath Co School
- Evergreen Add
- FARROW JOHN M; MH & STGS
- Frey Add 01
- Frey Add 02
- Golf Country
- Golf Country Estate
- Golf Country Estates
- Golf Country Estates II
- Green Acres Add
- Greenview Add
- Groesbeck
- Groesbeck Add
- Groesbeck Addition
- HAYS JOHN M
- Henry Pearson
- HIFAM INUSTRIAL PARK
- Highland Park Add
- Highview Estate
- Hill Valley Estate
- Hillcrest Add
- Horsemans Ranch
- J W Alexander
- John M Farrow
- Kight 2nd Add
- Kight Add 02
- KIGHT SECOND ADDITION
- KING & BRAEUER ADDITION
- King Add
- Lakewood Estates Add Ph 3
- Legends Buffalo Rdg sub PH111
- Lockwood
- Marathon Hills
- Mathew Roberts
- Mcalister 02
- Miller Add
- Millican & Ott Add
- Morningside
- Mustang Mdws
- Mustang Meadows
- no
- North Wedgewood Add
- North Wedgwood Add
- Oak Tree Add
- Oakdale Mdws Add 04
- One Garden Place
- Park Place
- Park Place Add
- PARK PLACE ADDITION
- Peacock Estate
- Pecan Hill Estate
- Pidgeon Road Estate
- Pinnacle Estates
- R Dillard Surv Abs #198
- R000022327
- Raley Add
- RANCHES AT OAKCREST VALLEY
- Rater T Estates
- Richland Terrace Add
- Ridgeview Estate
- River Hills Ranch
- River North Add
- River North Add 02
- S2500 Chamberlin Addition
- S2600 City Add & Millican & Ott Add
- S2600 CITY ADDITION;
- S3360 THE MEADOWS
- S4600 King & Braeuer
- S5100 MILLICAN & OTT
- S5100 MILLICAN & OTT ADDITION
- S5400 Park Place Add
- S6200 SOUTH SIDE
- S7160 FAITH MARIE ESTATES
- Saddle Rdg
- Shapard & Collins
- Sherwood Forest
- Sims Add
- SIMS WILLIAM
- South Side
- South Side Add
- SOUTH SIDE ADDITION
- Springfield Park #11
- Stephenville
- Sunrise Mountain Ranch
- Sunset Mountain Ranch
- Tanglewood Add
- Tanglewood N E Add
- Tanglewood Northwest
- Tanglewood Northwest Add
- Tarleton Crossings
- Tarleton Heights
- TBD
- TEXAN RANCH WEST
- Texan Ranch West Sub
- The Residences At The West Loop
- The Residences At West Loop
- The Terraces at Clark Lane
- The Terraces at Clark Lanr
- Timber Creek Estates
- Timber Crk Estates
- Timber Hills Add
- Traweek Add
- Trinity Rdg Estates
- Walking Horse Estates
- Walking Horse Estates Ph I
- West Gate Add
- West Loop Commercial – Tract A
- west oak add
- West Oaks Add
- Wildhorse
Market Summary
Current real estate data for Land in Stephenville as of Nov 09, 2026
180
Land Listed
251
Avg DOM
$677,854
Avg List Price
Property Summary
- Located in the KIGHT SECOND ADDITION subdivision, Lot 4R3 N Ollie Street Stephenville TX is a Land for sale in Stephenville, TX, 76401. It is listed for $249,900 and features 0 acres. To schedule a showing of MLS#21321426 at Lot 4R3 N Ollie Street in Stephenville, TX, contact your Aaron Layman Properties agent at 940-209-2100.

Lot 4R3 N Ollie Street
Stephenville, TX




