632 N Ollie Street, Stephenville, TX 76401
632 N Ollie Street, Stephenville, TX 76401
632 N Ollie Street, Stephenville, TX 76401
23
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$179,000
Est. payment /mo
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2 Beds
1 Bath
5,227 Sqft Lot
New

632 N Ollie Street Stephenville, TX 76401

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Mark Jones

Mark Jones

+1(206) 793-4750

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Key Details

Property Type Multi-Family

Sub Type Multiple Single Units

Listing Status Active

Purchase Type For Sale

Subdivision College Heights

MLS Listing ID 21247901

Bedrooms 2

Full Baths 1

HOA Y/N None

Total Fin. Sqft 938

Year Built 1947

Annual Tax Amount $1,723

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Multiple Single Units

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.

Location

State TX

County Erath

Direction GPS Friendly, SOP

Interior

Interior Features Built-in Features, Eat-in Kitchen, Granite Counters, High Speed Internet Available

Heating Central, Electric

Cooling Central Air, Electric, Wall/Window Unit(s)

Flooring Luxury Vinyl Plank

Appliance Electric Range

Heat Source Central, Electric

Exterior

Exterior Feature Fire Pit, Storage

Fence Chain Link, Privacy, Wood

Utilities Available City Sewer, City Water

Roof Type Asphalt

Garage No

Building

Lot Description Interior Lot

Story One

Foundation Pillar/Post/Pier

Level or Stories One

Structure Type Siding

Schools

Elementary Schools Chamberlai

High Schools Stephenvil

School District Stephenville Isd

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21247901

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Listed by Eric Hayden • Ebby Halliday Realtors

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Mark Jones

Mark Jones

Agent

+1(206) 793-4750

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632 N Ollie Street