860 W Long Street, Stephenville, TX 76401

$599,000 Asking Price

3 beds
2 baths
2,073  sqft
Built in 1920

Great investment opportunity!! Check out this huge 1.68 acre R3 multi family zoned lot!! The lot is located in a prime spot! As you can see in the pictures there is a large complex of new apartments being built right behind it! It is centrally located, close to TSU, the city park, the downtown area and the shopping district! This one is primed and ready for someone to come and develop it! Keep the home and rent it or remove it and develop the entire lot. The possibilities are endless. The street out front has recently been replaced and now features new sidewalks. This is a great opportunity for someone wanting to jump into the Multi Family housing business and it already has a home on site to rent and offset the cost! The home is a very large older home that has been updated. There is also a possibility of some additional acreage that would give the lot access to a second street. Call or text to see what this one can do for you!!


Features & Amenities

Interior

General:
High Speed Internet
Appliances:
Gas Cooktop,Gas Oven,Gas Range,Gas Water Heater
Fireplace:
Fireplaces: 0

Exterior

Style:
Detached

Construction

General:
1

Location

Road/Access:
Asphalt
Originating MLS:
NTR
School District:
Stephenville ISD
County:
Erath

Lot

Zoning:
ACRES: 1.680 S2600 CITY ADDITION; BLOCK 72; L, R000029717

Utilities

Utilities:
Sewer Available,Water Available
Water:
Public
Sewer:
Public Sewer

Financial

Source:
NTR
Exclusions:
Furnishings, mower, camper trailer
Buyers Agent Compensation:
3

This listing courtesy of:
CLARK REAL ESTATE GROUP, Sam Byrd

About Stephenville, TX

Housing

Number of Units
11,169
Median Home Value
$186,265
Median Rent
$844

42.17% of housing units are renter occupied.

13.71% are vacant.

Commute

Car
86.88%
Public Transportation
0.01%
Walk to Work
4.88%
Work from Home
7.08%
Other
0.23%

The median travel time to work is 15 minutes.

People

Population
30,476
Median Age
31.20
Median Household Size
2.57

Education

High School
26.80%
Associate’s Degree
8.90%
Bachelor’s Degree
24.34%
Graduate Degree
10.86%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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