About 00 Rosebud Drive
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.
Features of 00 Rosebud Drive
| MLS® # | 21037808 |
|---|---|
| Price | $555,000 |
| Bathrooms | 0.00 |
| Acres | 1.24 |
| Type | Land |
| Sub-Type | Unimproved Land |
| Status | Active |
Community Information
| Address | 00 Rosebud Drive |
|---|---|
| Subdivision | North Hillcrest |
| City | Stephenville |
| County | Erath |
| State | TX |
| Zip Code | 76401 |
Amenities
| Utilities | All Weather Road, City Sewer, City Water, Curbs, Electricity Available, Overhead Utilities, None |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Lot Description | Acreage, Few Trees |
|---|
School Information
| District | Stephenville ISD |
|---|---|
| Elementary | Central |
| High | Stephenvil |
Additional Information
| Zoning | R-3 Multi Family |
|---|
Listing Details
| Agent | Jeff Withers |
|---|---|
| Office | Stag Residential |