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715 N Paddock St, Stephenville, TX, 76401

$1,500,000

1.87 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
HeatingNone
CoolingNone
MLS #20447033
Lot Size1.87 Acres
StatusActive

About 715 N Paddock St

Located within a mile of Tarleton State University, this investment opportunity stands out as PRIME real estate. Multiple parcels, zoned for residential (R-2) and industrial use. The existing zoning framework inherently accommodates a wide array of development prospects, with ongoing deliberations regarding potential rezoning affording versatility in project planning. Prospective endeavors span the spectrum from residential to commercial and mixed-use developments. The proximity to the university makes it highly desirable, especially for student housing. For those seeking a streamlined development approach, a turnkey option is at your disposal. Owner has meticulously assembled a proficient team of architects, engineers, and project managers, prepared to deliver comprehensive, turnkey construction plans specifically tailored for a 30-unit townhome development. Beyond financial returns, it offers the satisfaction of actively contributing to the evolution of a flourishing community.

Property Details

Property Features

Listing Office:

  • Office Name: Citiwide Alliance Realty
  • Office Phone: (214) 326-0399
  • Listing Agent: Ashlyn Allen

Virtual/3D Tour

  • Virtual Tour: 715 N Paddock St
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Lot Features

Lot Information:

  • Lot: City Lot
  • Lot Size: 1.87 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

School Info

Assigned Schools Information:

  • Stephenville High School, Public District Grades 9-12
  • Gilbert Intermediate School, Public District Grades 5-6
  • Henderson Jr High School, Public District Grades 7-9
  • Hook Elementary School, Public District Grades 3-4

Other

Directions Information:

  • Directions: USE ADDRESS IN GPS - 715 N Paddock St, Stephenville. 5 Lots total, see photos and survey.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,500,000

Tax Information:

  • Annual Amount: $764
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Stephenville, TX.

Med. List Price

$349.9K

Med. Price/SqFt

$197

Avg. Days On Market

87

# of Sold Homes

11

715 N Paddock St vs Stephenville

381 DAYS ON ROCKET

+294 Days

$1,500,000

+$1.1M More

KEY TAKEAWAY

This property is $1.1M more than the Median List Price in Stephenville, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20447033

Listing Office:

  • Office Name: Citiwide Alliance Realty
  • Office Phone: (214) 326-0399
  • Listing Agent: Ashlyn Allen

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/2/2024, 10:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$764$35,860
2019$620$28,870
2018$620$27,270
2017$529$23,960

History based on county public records data.

Payment Calculator

$7,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,564

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-291523
8
/10
  • Hook Elementary School

  • 1067 W Jones St

  • 0.28 miles

  • Public District Grades 3-4

Middle School

school-card-donut-291524
4
/10
  • Gilbert Intermediate School

  • 950 N Dale Ave

  • 1.56 miles

  • Public District Grades 5-6

school-card-donut-291525
6
/10
  • Henderson Jr High School

  • 2798 W Frey St

  • 2.00 miles

  • Public District Grades 7-9

High School

school-card-donut-291526
5
/10
  • Stephenville High School

  • 2650 W Overhill Dr

  • 1.72 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,074. The majority of Stephenville, TX residents have income less than $35k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 715 N Paddock St

What is the listing price of this property?

The listing price of 715 N Paddock St property is $1,500,000.

What type of property is this?

The property 715 N Paddock St is land located in Stephenville, Texas, 76401.

Is this property for sale now?

Active Listing: 715 N Paddock St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 715 N Paddock St are:
Hook Elementary School: GreatSchools Rating 8/10
Gilbert Intermediate School: GreatSchools Rating 4/10
Henderson Jr High School: GreatSchools Rating 6/10
Stephenville High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $764 (source: MLS/based on county public records data).

How much acreage is this property?

The property 715 N Paddock St is 1.87 acres.
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Rocket HomesTexasErath CountyStephenville76401715 N Paddock St

This home is located at 715 N Paddock St in Stephenville, TX and zip code 76401. This home sits on a 1.87 acre lot. It has been listed on Rocket Homes since October 17, 2023 and is currently priced at $1,500,000.

The inventory of homes for sale in Stephenville, TX between September 2024 and October 2024 increased by 5.5%. While the average time on the market in October 2024 was 87 days, the median list price was $349,900.

From Rocket Homes Real Estate and based on county public records data.

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