Location
Excellent opportunity to acquire a strategically located parcel zoned R3 Multifamily, just over one mile from Tarleton State University. This property offers strong potential for a 25–30 unit multifamily development, aligning with the high rental demand driven by student housing, faculty, and the growing local workforce.
The site is positioned for investors and developers seeking a value-add project in a market with consistent occupancy rates and steady rental demand. With multifamily land in limited supply this close to campus, this tract represents a rare chance to capitalize on both location and zoning flexibility.
The site is positioned for investors and developers seeking a value-add project in a market with consistent occupancy rates and steady rental demand. With multifamily land in limited supply this close to campus, this tract represents a rare chance to capitalize on both location and zoning flexibility.
Property Details
Price:
$555,000
MLS #:
21037808
Status:
Active
Baths:
0
Type:
Land
Subtype:
Unimproved Land
Subdivision:
North Hillcrest
Listed Date:
Aug 20, 2025
Lot Size:
54,057 sqft / 1.24 acres (approx)
Schools
School District:
Stephenville ISD
Elementary School:
Central
High School:
Stephenvil
Interior
Exterior
Lot Size Area
1.2410
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
- Address00 Rosebud Drive Stephenville TX
- SubdivisionNorth Hillcrest
- CityStephenville
- CountyErath
- Zip Code76401
Subdivisions in Stephenville
- 00
- 22.053 Acres of: Acres 34.150, A0880 TW MORRISON
- A Bynum Survey
- A0229 ERATH CO SCHOOL LAND
- A0396 H T & B R R CO; HOUSE & BARN
- A0515 MOTLEY WILLIAM
- aa
- Acres4.010
- Anderson Estis Surv Abs #243
- Beaver Creek
- Bell Daniel
- Belmont Add
- Benjamin BRUMLY
- Big Cedar Fields
- BOND EDWARD M
- Bosque Heights
- BROMLY BENJAMIN
- Buffalo Ridge
- Butler Add
- Cage Add
- Campbell Add
- Campbell Catherine
- Cee-Bar Ranch 16
- Chamberlin Add
- Chamberlin Addition Block D
- City Add
- CITY ADDITION
- City of Stephenville
- Clifton Heights
- Clifton Heights Add
- Coastal Rdg Estates
- College Heights
- Colton William
- Counts Add
- Crow Styles Add
- Dale Ave North Add
- Dale Ave North Addn
- Denman Add
- Diamond C Ranch Estates
- Diamond C Ranch Estates Ph I
- Diamond C Ranch Estates Ph II
- Diamond C Ranch Estates Ph III
- Diamond Oaks Ph 02
- Dillard Reuben
- Dw Babock Surv A-57
- Elk Rdg Estates Ph III
- Elk Rdg Sub
- ELK RIDGE ESTATES
- Erath Co School
- Excels Add
- Fai Add
- Ferguson Acres
- Frey Add 01
- Frey Add 02
- Gadi west
- Gaylor, John abs
- Golf Country Estate
- Golf Country Estates
- Golf Country Estates II
- Green Acres
- Green Acres Add
- Greenview
- Groesbeck Add
- Hargrave John
- Hendry Pearson Surv Abs #613
- Henry Fantharp
- Henson Absalom
- Heritage Hills Ph 02
- Heritage Hills Ph 07
- HIFAM INDUSTRIAL PARK
- Highview Estate
- Hill Valley Estate
- Hillcrest Add
- Horsemans Ranch
- J Dupuy Surv Abs #196
- J M Espinosa Surv A-227
- John Blair Surv Abs #32
- John Dupuy A-0197
- Kight Add
- King & Braeuer Add
- Legend Buffalo Ridge Sub Ph I R
- Legends Buffalo Rdg
- Legends of Buffalo Rdg Sub Ph 3 R
- Legends of Buffalo Ridge
- Lockwood Add
- Lookout
- Lookout The
- M R Williams Surv Abs #804
- Marathon Hills
- Mcalister 02
- Meadows Sub
- Millican & Ott Add
- No
- Oak View Subdivision
- One Garden Place
- PARCLAY JAMES; HOUSE & SHED
- Park Place Add
- PARK PLACE ADDITION
- Peacock Estate
- R Dillard Surv Abs #198
- R000022327
- Raley Add
- Ranches at Oakcrest Valley
- Richland Terrace Add
- River Hills Ranch
- River North
- River North Add
- River North Add 02
- S2300 BUTLER ADDITION
- S2500 CHAMBERLIN ADDITION
- S3360 THE MEADOWS
- S5290 Oakdale Meadows
- S5291 HILL VALLEY ESTATES
- S5700 SHAPARD & COLLINS; BLOCK 2; LOT 7
- S6200 SOUTH SIDE ADDITION
- S6200 SOUTH SIDE ADDITION,
- S6600 TANGLEWOOD SECOND ADDITION
- Samuel Dubois Surv Abs #213
- Shapard & Collins
- Sherwood Forrest
- Sims Creek
- Sims William
- Sloan 01
- SMITH HANCOCK
- South Side
- South Side Add
- South Side Addition
- South Tanglewood
- Springfield Park #11
- Stephenville
- Stephenville Bk Add
- Sunrise Mountain
- Sunrise Mountain Ranch
- Sunset Mountain Ranch
- Tanglewood Add 02
- Tanglewood Estate
- Tanglewood Northwest
- Tanglewood Northwest Add
- Tanglewood West Add
- Tarleton Crossings
- Tarleton Heights
- TBD
- TEXAN RANCH WEST
- Timber Creek
- Timber Creek Estate
- Timber Creek Estates
- TIMBER HILLS
- Timber Hills Add
- Trinity Ridge
- University Plaza
- West Oaks Add
- Wild Horse Sub Ph II
- Wildhorse
- William Sims Surv Abs #683
- Williams M R
- Wilson
- Wooded Oaks Add
Market Summary
Current real estate data for Land in Stephenville as of Feb 16, 2026
174
Land Listed
230
Avg DOM
$687,289
Avg List Price
Property Summary
- Located in the North Hillcrest subdivision, 00 Rosebud Drive Stephenville TX is a Land for sale in Stephenville, TX, 76401. It is listed for $555,000 and features 1 acres. To schedule a showing of MLS#21037808 at 00 Rosebud Drive in Stephenville, TX, contact your Aaron Layman Properties agent at 940-209-2100.
00 Rosebud Drive
Stephenville, TX