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$2,082,604
Est. payment /mo
6.83 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision West Loop Commercial - Tract A
MLS Listing ID 21359231
Annual Tax Amount $77
Lot Size 6.830 Acres
Acres 6.83
Property Sub-Type Unimproved Land
Property Description
A strategically positioned future 6.83 acre commercial development site offering developers and investors the opportunity to secure land in the path of Stephenville's continued growth while capitalizing on the expanding economic influence of Tarleton State University. This site is approximately a half a mile from the campus! Ideally situated within the Tarleton State University growth area, the property offers convenient access to W. Washington Street and US-377, one of Stephenville's primary commercial corridors. The surrounding area features an established and expanding mix of retail, restaurants, residential communities, student housing, and university-related development, creating strong potential to capture demand from students, residents, commuters, visitors, and the greater Erath County trade area. The property offers significant potential for a variety of commercial and mixed-use development concepts and represents an attractive opportunity for developers, investors, and long-term landholders seeking a strategic position in the growing Stephenville market. Adding to the development potential, the property is located within a Tax Increment Reinvestment Zone (TIRZ), providing potential economic and infrastructure-related benefits associated with the district. The Seller is actively working with the City of Stephenville regarding the planned extension of Harbin Drive into the development, as well as utility infrastructure and installation planning....important components that could further enhance future access, connectivity, and development readiness. Positioned at the intersection of university growth, infrastructure expansion, and continued commercial development, this property presents a compelling opportunity to invest in the future of Stephenville.
Location
State TX
County Erath
Zoning B2
Direction Travel northeast on US 67 US377 toward Stephenville. Turn left or north onto Harbin Drive and University Drive at the HTeoO and Hampton Inn intersection. From the Harbin-University Drive area, proceed toward W. Cedar Street and the parcel.
Exterior
Utilities Available City Sewer, City Water, Electricity Available
Garage No
Building
Lot Description Acreage
Structure Type Other
Others
Acceptable Financing Other
Listing Terms Other
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Listed by Tim Clark • CLARK REAL ESTATE GROUP
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