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Georgette Jones

hello@jonesonnewhomes.com +1(817) 298-9619

$ 179,000

Est. payment -/mo

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632 N Ollie ST Stephenville, TX 76401

2 Beds

1 Bath

938 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 938 sqft

Price per Sqft $190

Subdivision College Heights

MLS Listing ID 21247901

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1947

Annual Tax Amount $1,723

Lot Size 5,227 Sqft

Acres 0.12

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

Heating Central, Electric

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

Flooring Luxury Vinyl Plank

Fireplace No

Appliance Electric Range

Exterior

Exterior Feature Fire Pit, Storage

Parking Features Driveway

Fence Chain Link, Privacy, Wood

Pool None

Utilities Available Sewer Available, Water Available

Water Access Desc Public

Roof Type Asphalt

Total Parking Spaces 1

Building

Lot Description Interior Lot

Foundation Pillar/Post/Pier

Sewer Public Sewer

Water Public

Level or Stories One

Schools

Elementary Schools Chamberlai

High Schools Stephenvil

School District Stephenville Isd

Others

Tax ID R000030901

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Georgette Jones

New Construction Strategist | REALTOR®

+1(817) 298-9619

Georgette Jones

632 N Ollie ST Stephenville, TX 76401

Key Details

Location

Interior

Exterior

Building

Schools

Others

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632 N Ollie ST