MLS # 20447033, Listed by Ashlyn Allen with Citiwide Alliance Realty | 346-412-0524 | Active
715 N Paddock Street is a $1,500,000 home on a 1.87 acre lot located in Stephenville, TX.
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.
| Cooling Types | None |
| Heating Types | None |
| Exterior Features | None Vacant Other Industrial Multi-Family Unimproved City Limits Aerial Photo Engineering Other Survey Topo Maps Other Other Other Acreage City Street Asphalt City Sewer City Water |
| Land Type | No Industrial Investment Mixed Use Multi-Family Deed Other Unknown Grassed Partially Wooded |
| Property Type | Land |
| Property Sub Type | Unimproved Land |
| Year Built | 9999 |
| HOA Fee | $0.00 |
| County | erath |
| School District | stephenville isd |
| Elementary School | central |
| High School | stephenvil |
| Neighborhood | Shapard & Collins |
| Financial Terms | 1031 Exchange Cash Conventional Other VA Loan |
The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. Data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. Data last updated 07/27/2024 at 05:11am CDT.
