For Sale
$2,900,000

Stephenville multi-family property

Additional Property Details

PROPERTY OVERVIEW
Located in the heart of Stephenville, TX, this expansive 21.027-acre property offers a prime development opportunity. With a strategic location just minutes from downtown Stephenville and Tarleton State University, this site is ideal for residential, commercial, or mixed-use development (subject to zoning approval). The land features open space with some tree coverage, providing a versatile canvas for developers and investors. Easy access to major roads, growing local demand, and proximity to essential amenities make this property a rare opportunity in Stephenville’s expanding market.

Investment Highlights
• Prime Development Location – Just minutes from downtown Stephenville, offering

access to local businesses, retail, and entertainment.
• Proximity to Tarleton State University – A high-traffic area, ideal for student housing,
multifamily, or retail development.
• Large Acreage – 21.027 acres of land, allowing for scalable development opportunities.
• Growing Market Demand – Rapid growth in Stephenville is increasing demand for housing
and commercial space.
• Flexible Development Potential – Suitable for residential, commercial, or mixed-use projects,
pending city approvals.
• Strong Community & Economic Growth – Located in a stable and growing economy with expanding infrastructure.
• Excellent Access – Conveniently located near major highways and roadways for seamless
connectivity.

• Parcel Number (APN): R000033745 • Lot Size: 21.027 acres
• Zoning: Multi-family
• Sale Condition: For Sale by Owner • Broker Co-Op: Yes

• Legal Description:
• Acres 6.117, S2600 CITY ADDITION, BLOCK 73, LOT 3 & 4 (PT OF) • Acres 14.910, S2600 CITY ADDITION, BLOCK 72, LOTS 4,6,7 (PTS OF) & BLOCK 73, LOTS 1,2,9 (PTS OF)

Property Details

Price: $2,900,000
21 Acres

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Contact Information

Broker: Shawn Gillispie
Cell: (806) 922-5532

Gillispie Land Group
6107 S. Coulter, Suite 300
Amarillo, TX 79119

Commercial Agents
Gage Gillispie: (806) 654-2018

Office Address:
6107 S. Coulter St., Ste 300
Amarillo, TX 79119

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