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$555,000
1.24± Acres
Active
Erath County, TX
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Rosebud, Stephenville, Texas

MLS ID: 21037808
Status: Active
Price: $555,000
Acres: 1.24±
Type: Unimproved, Land
Address: Rosebud
City, State: Stephenville, TX
County: Erath County
ZIP Code: 76401
Lat/Long: 32.22603987, -98.23696739
Parcel Number: R000032680

Description

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.

Directions: From the intersection of HWY 108 and Lingleville RD, head southwest on Lingleville Rd towards Belknap for 1.5 miles. Turn Left onto Bluebonnet St, then right onto Rosebud St, Destination on Right. Sign in yard.

Additional Information

Exterior

Lot Features: Acreage, Few Trees, City Lot
Lot Size Area: 1
Lot Size Square Feet: 54,058
Road Frontage Type: City Street, All Weather Road
Water Source: Public

Financial/HOA/Schools

Elementary School: Central
Elementary School District: Stephenville ISD
Middle School District: Stephenville ISD
High School: Stephenvil
High School District: Stephenville ISD
Subdivision Name: North Hillcrest
Tax Annual Amount: 696
Zoning Description: R-3 Multi Family

Extra Information

Documents Available: Floorplan, Survey
Virtual Tour: https://www.propertypanorama.com/instaview/ntreis/21037808

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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 26, 2026 at 12:00:00 AM 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 26, 2026 at 12:00:00 AM UTC

Listed By: Jeff Withers of Stag Residential