$179,000
 $1,016 est/mo Sourced by Back At You

632 N Ollie Street,Stephenville, TX 76401

Stephenville, TX 76401

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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.

Details

MLS #21247901
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1947
Days On Site129
Listing Provided ByEbby Halliday Realtors | Eric Hayden

Features

Bed(s)2
Bath(s) 1 Total
Story(s)1
Units1
Building(s)1
Acreage0.12

Interior

CoolingCentral Air, Electric, Wall/Window Unit(s)
HeatingCentral, Electric
Interior FeaturesBuilt-in Features, Eat-in Kitchen, Granite Counters, High Speed Internet Available
AppliancesElectric Range

Exterior

Exterior FeaturesFire Pit, Storage
RoofAsphalt
Construction MaterialsSiding
Foundation DetailsPillar/Post/Pier
Lot FeaturesInterior Lot

Parking

Parking FeaturesDriveway

Utilities

UtilitiesCity Sewer, City Water

Taxes

Unexempt Taxes1723
Tax Lot19
Tax Block11
Tax Legal DescriptionS2800 COLLEGE HEIGHTS; BLOCK 11; LOT 19

Area Information

StateTX
CountyErath
CityStephenville
Zip Code76401
AreaErath
Community NameCollege Heights
School DistrictStephenville ISD
Elementary SchoolChamberlai
High SchoolStephenvil
Listing VS Median (in College Heights)
Price:
$179,000
low | high
Med:
$199,000
38.826815642458% of Average
On site:
129
low | high
Med:
202
63.861386138614% of Average
Sourced by Back At You

Market Activity 76401

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All information provided by the seller and is deemed to be correct, but is not guaranteed. Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. You may not reproduce or redistribute this data—it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.

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Learn More About This Property

StateTX
CountyErath
CityStephenville
Zip Code76401
AreaErath
Community NameCollege Heights
School DistrictStephenville ISD
Elementary SchoolChamberlai
High SchoolStephenvil
Listing VS Median (in College Heights)
Price:
$179,000
low | high
Med:
$199,000
38.826815642458% of Average
On site:
129
low | high
Med:
202
63.861386138614% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $134K - $223K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
1111 W VANDERBILT 201 Property Photo 1
$1,600
1111 W Vanderbilt 201
Stephenville, TX 76401
1143 W Jones Street Property Photo 1
$315,000
1143 W Jones Street
Stephenville, TX 76401
Listing Updated: August 3, 2026 at 9:48:03 AM PDT