Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Lot size
1.241 acres
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.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Few Trees
-
Lot Size(acres)
1.241
-
Property Type
Land
-
Property Sub Type
Unimproved Land
Price
-
Sales Price
$555,000
-
Tax Amount
696.0
-
Zoning
R-3 Multi Family
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Central
-
Middle School
Stephenvil
-
High School
Stephenvil
Property Features
-
Sewer
Public Sewer
-
Tax Lot
3
-
Water Source
Public
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Location
County
Erath
Elementary School
Central
Middle School
Stephenvil
High School
Stephenvil
Listing Courtesy of Jeff Withers , Stag Residential
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