Bruce Rayburn

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Listing provided courtesy of Citiwide Alliance Realty- MLS# 21152834MLS ProviderContact Information: Jamie Wooley - 469-891-2592

715 N Paddock StreetStephenville, TX 76401

Vacant Land · 1.95 Acres
$699,000 Active

715 N Paddock Street Overview

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RARE turnkey in Prime location with existing plans to include 33 townhomes. The word is out Tarleton is D-1 and the buying window is short before the large funds come to town. With Tarleton State University less than 1 mile, this property offers investors an opportunity to capitalize on the demand needed for student housing. Zoned for both residential (R-2) and industrial use, the site provides flexibility for multiple development strategies in addition to the student housing. Adjacent to the newly developed Purple Rail townhomes, the property is ideally positioned to attract consistent rental demand and long-term appreciation. The 33 townhome units were developed by a team of architects, engineers and project managers. This is ready to go saving you significant time and money in the development process. Get in before you can not afford to!

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715 N Paddock Street Facts & Features

  • Type Vacant Land
  • Lot 1.95 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Stephenville ISD
  • Elementary School: Central
  • High School: Stephenvil

Business Information

  • Current Use: Investment,Other

Location/Region

  • Country: US
  • County Or Parish: Erath
  • Postal City: STEPHENVILLE
  • Subdivision Name: Shapard & Collins

Tax Information

  • Tax Annual Amount: 1135.0

General Information

  • Listing Terms: Cash,Conventional,1031 Exchange,Other
  • Parcel Number: R000033253
  • Possible Use: Industrial,Investment,Multi-Family,Mixed Use,Other
  • Property Sub Type: Unimproved Land
  • Property Type: Land

Interior

General Information

    Exterior

    Lot Information

    • Lot Features: Acreage,City Lot
    • Lot Size Acres: 1.952
    • Lot Size Area: 1.952
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 85029.12
    • Lot Size Units: Acres
    • Number Of Lots: 6
    • Road Surface Type: Asphalt
    • Vegetation: Grassed,Partially Wooded
    • Water Source: Public

    Waterfront/View

    • Waterfront: No

    General Information

    • Exterior Features: Other
    • Fencing: Other
    • Horse Amenities: Other
    • Other Structures: Other
    • Road Frontage Type: City Street
    • Sewer: Public Sewer
    • Utilities: Sewer Available,Water Available

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    715 N Paddock Street Monthly Cost

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    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    715 N Paddock Street Market Data

    Based on the last 30 days in this zip code

    $634,035
    Average List Price
    $298
    Average Price per Square Foot
    34
    Properties Sold
    125
    Average Days on Market
    209
    Properties for Sale
    Calculations provided by Reliance Network


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