BEDS2
BATHS1 full
MLS#21247901
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONCollege Heights
SCHOOLStephenville ISD
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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air, Electric, Wall/Window Unit(s)
Heating: Central, Electric
Lot Size: 0.12 Acres
Roof Type: Asphalt
Year Built: 1947
Amenities
Built-in Features
Eat-in Kitchen
Granite Counters
High Speed Internet Available
Fire Pit
Storage
Feature Descriptions
Appliances: Electric Range
Days on Site: 19
Exterior: Siding
Fencing: Chain Link, Privacy, Wood
Flooring: Luxury Vinyl Plank
Lot: Interior Lot
Parcel#: R000030901
Parking: Driveway
Parking Notes: Driveway
Units: 1
Utilities: City Sewer, City Water
Local Schools
Elementary School: Chamberlai
School District: Stephenville ISD
Listed By / Shown By
Listed By
Agency Name: Ebby Halliday Realtors
Agency Contact: (254) 965-7653
Agent Name: Eric Hayden
Shown By
Agent Name: Bailey Gonzales
Agent Phone: (979) 220-6587
Agency Title: Kelly, Realtors
Estimate Your Payment
Estimated Payment
$ 450.58 per month $398.38 Principal & Interest $0.00 Property Tax (data not provided by mls) $52.21 Homeowner's InsuranceChange Payment Information
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632 N Ollie Street | MLS# 21247901
This multi-family property located at 632 N Ollie Street , Stephenville, TX 76401 is currently listed for sale with an asking price of $179,000. N Ollie Street is located within the Stephenville ISD school district. Search Stephenville real estate on baileygonzales.kellyrealtors.com today.