632 N Ollie St, Stephenville, TX 76401

$179,000
2
BD
1
BA

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List Price
$179,000
Status
ACTIVE
MLS#
21247901
Bedrooms
2
Bathrooms
1
Lot Size
5,227

Property Description

Investor opportunity just steps from Tarleton State University! This 2-bedroom, 1-bath single-family home offers immediate and stable cash flow with a tenant in place through June 30, 2027 at $1,400 per month. Ideally located within walking distance to campus, the property benefits from consistent rental demand driven by Tarleton State’s continued growth as a Division I university with steadily increasing enrollment. This prime location makes it highly attractive for student or faculty housing, supporting long-term investment potential. The home’s manageable size and layout provide low maintenance ownership, while the existing lease ensures reliable income from day one. Whether you’re expanding your portfolio or seeking a turnkey rental in a high-demand area, this property presents a compelling opportunity for both current returns and future appreciation.

Additional Information

Taxes
$1,723
Year Built
1947
Parking Spaces
1
Exterior Features
Fire Pit, Storage
Interior Features
Eat-In Kitchen, Granite Counters, High Speed Internet
Roof
Asphalt
Appliances
Electric Range
School District
Stephenville Isd
Elementary School
Chamberlai
High School
Stephenvil
Middle School
Gilbert, Stephenvil
Sewer
Public Sewer
Stories
1
Street Name
N Ollie St
Street Number
632
Water
Public
Acres
0.12
County
Erath
Foundation
Pillar/Post/Pier
Heating
Central, Electric
Lot Description
Irregular Lot

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Listing courtesy of Eric Hayden from Ebby Halliday Realtors. Contact: (254) 965-7653

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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