TX
Erath
Stephenville
76401
1040 W Oak Street
1040 W Oak Street, Stephenville, TX 76401
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Listing Type
Commercial/Industrial
Listing Status
Active
5
$320,000

Home Details for 1040 W Oak Street

Price
$320,000
Type
Commercial Sale
Year built
2025
Lot size acres
0.439
County
Erath
Days on site
45
MLS Listing#
21328544
Property Description

Exceptional Multifamily Development Opportunity – .439 Acre in Prime Stephenville Location Discover an investment-ready project offering 3 duplexes (6 total units, 18 bedrooms) positioned in one of Stephenville’s most sought-after rental corridors. This .439-acre property comes fully prepared for development with architectural plans, civil plans, an approved replat, and a builder’s construction estimate included—making this an ideal turnkey opportunity for investors looking to capture the strong demand around Tarleton State University. City water and sewer are already on site, streamlining permitting and speeding up your construction timeline. Once building permits are issued by the City, the builder estimates a 4–6 month construction window. Whether you’re expanding your portfolio or entering the highly competitive Stephenville rental market, this property offers a unique mix of readiness, location, and income potential.

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Property Features
  • Cooling Information
    • None
  • Heating Information
    • None
  • Water Features
    • Public
Listing Courtesy: Marandy Dove Realty - 254-485-2285
Presented by: Marandy Dove
Dallas MLS - N.T.R.E.I.S. logoThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
Last Updated: 2026-08-17 14:10:17
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EXIT REALTY ELITE
129 S. Main St, Ste 260, Grapevine, TX 76051
Office
817 925 5503
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