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$999,900
2± Acres
Active
Erath County, TX
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955 Ollie, Stephenville, Texas

MLS ID: 21222791
Status: Active
Price: $999,900
Acres: 2±
Type: Unimproved, Land
Address: 955 Ollie
City, State: Stephenville, TX
County: Erath County
ZIP Code: 76401
Lat/Long: 32.223464, -98.216551
Parcel Number: R000077978

Description

* 2.0 Acre Multi-Family Development Site * 3-Street Frontage * Short Walk to TSU

Location: 10-Minute Walk to Tarleton State University Campus

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 2.0 acre tract consists of four 0.5+or- acre lots, offering unparalleled flexibility for a high-density residential project. Positioned just blocks from Tarleton State, this is the premier location for student housing, an apartment complex, or a luxury townhome community.

Strategic Advantages:

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.

Invest in Stephenville’s growth now! Contact us today for site details.

Directions: GPS Friendly @ 955 N Ollie St

Additional Information

Exterior

Lot Features: Corner Lot, Level, Few Trees, City Lot
Lot Size Area: 2
Lot Size Square Feet: 87,120
Road Frontage Type: City Street, All Weather Road
Road Surface Type: Asphalt
Water Source: Public

Financial/HOA/Schools

Elementary School: Chamberlai
Elementary School District: Stephenville ISD
Middle School District: Stephenville ISD
High School: Stephenvil
High School District: Stephenville ISD
Subdivision Name: Kight 2nd Add
Zoning Description: R3 Multi-Family

Extra Information

Documents Available: Aerial, Survey
Virtual Tour: https://www.propertypanorama.com/instaview/ntreis/21222791

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Matt Milligan

Matt Milligan

Weatherford, Texas

(817) 694-1121

Interested? Contact Us Today About This Listing

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All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of May 25, 2026 at 12:00:00 PM UTC.

You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: May 25, 2026 at 12:00:00 PM UTC

Listed By: Brad Harrison of Clark Real Estate Group