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$599,000
Est. payment /mo
1.68 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Improved Land
Listing Status Active
Purchase Type For Sale
Subdivision City Add
MLS Listing ID 20595441
HOA Y/N None
Year Built 1920
Annual Tax Amount $3,669
Lot Size 1.680 Acres
Acres 1.68
Property Sub-Type Improved Land
Property Description
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!!
Location
State TX
County Erath
Zoning R3 Multi Family
Direction GPS friendly address
Exterior
Utilities Available Asphalt, City Sewer, City Water
Garage No
Building
Lot Description Acreage
Schools
Elementary Schools Central
High Schools Stephenvil
School District Stephenville Isd
Others
Restrictions Building,Deed,Development
Ownership See Tax
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20595441
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Listed by Sam Byrd • CLARK REAL ESTATE GROUP