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$2,695,000
Est. payment /mo
24.8 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision City Add
MLS Listing ID 20934642
Annual Tax Amount $58
Lot Size 24.800 Acres
Acres 24.8
Property Sub-Type Unimproved Land
Property Description
Discover an exceptional investment opportunity with this expansive 24.8-acre parcel, ideally situated within the city limits. This unique property boasts the rare advantage of being bordered by the ever so popular Bosque River Walking Trail, offering a blend of natural beauty and urban convenience. Zoned B-3 Central Business, the land presents a wide array of development possibilities, limited only by your imagination. The location is perfect for constructing high-density apartments to meet the growing demands, or you could develop a housing community that attracts residents. With direct access to the walking trail and the river, future residents will enjoy outdoor activities right at their doorstep, enhancing the property's appeal and value. Investing in this property means capitalizing on a prime location with flexible zoning, promising substantial returns. The combination of natural amenities, accessibility, and central business zoning makes this an unparalleled opportunity to shape a significant part of the city's future. Don't miss out on the chance to transform this land into a thriving residential or commercial hub.
Location
State TX
County Erath
Zoning Central Business District (B-3)
Direction 600 Crow St Stephenville, TX 76401
Exterior
Utilities Available Asphalt, City Sewer, City Water
Waterfront Description River Front
Garage No
Building
Lot Description Acreage, Interior Lot, Lrg. Backyard Grass, Many Trees, Pasture
Others
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Special Listing Condition Aerial Photo, Flood Plain, Other
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20934642
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Listed by J J HAMPTON • J.J. HAMPTON REALTY
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