632 N Ollie Street Stephenville, TX $ 179,000
632 N Ollie Street
$ 179,000
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632 N Ollie Street

Stephenville, TX, 76401
$ 179,000
Bedrooms2 Baths1.0

Monthly Estimate*

$ 1,102

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Multi-Family Home for sale in Stephenville, TX

for $179,000 with 2 bedrooms and 1 full bath. This home was built in 1947 on a lot size of 0.12.

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.

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Multi-Family Active

Price

$ 179,000

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 1,723

Style

Multiple Single Units

Lot Size

0.12

Year Built

1947

Town/City

Stephenville

County/Region

Erath

MLS | Web ID

21247901

Features
Interior
Interior Features Built-in Features Eat-in Kitchen Granite Counters High Speed Internet Available
Flooring Luxury Vinyl Plank
Occupancy Rate 100
Total Units 1
Half Baths 0
Total Bedrooms 2
Total Baths 1
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General
Heating Central Electric
Complex Name None
Cooling Central Air Electric Wall/Window Unit(s)
Utilities City Sewer City Water
Possession Lease Outstanding
Roof Asphalt
Appliances Electric Range
School District Stephenville ISD
Pool Y/N 0
Year Built 1947
Levels One
Property Subtype Multiple Single Units
Subdivision Name College Heights
Occupant Type Tenant
County Erath
Property Type Residential Income
Construction Materials Siding
Year Built Details Preowned
HOA Type None
# of Buildings 1
Full Baths 1
Status Active
Directions GPS Friendly SOP
City Stephenville
Elementary School Name Chamberlai
High School Stephenvil
Elementary School Chamberlai
Standard Status Active
Junior High School Stephenvil
Listing Terms Cash Conventional
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Exterior
Waterfront 0
Exterior Features Fire Pit Storage
Lot Features Interior Lot
Fencing Chain Link Privacy Wood
Lot Size Source Assessor
Parking Features Driveway
Foundation Pillar/Post/Pier
Building Area Total 938.00
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Internal Only
Street Number 1 632
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* Excluded Features
List By
Eric Hayden

Listing Agent

Ebby Halliday Realtors

Broker

Affordability Calculator

$1,246
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,102
Monthly Property Taxes
$144
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
287959 Elementary School
3672383 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/30/2026$179,000 Listed Price

Map


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632 N Ollie Street, Stephenville, TX, 76401 is a Multi-Family Home for sale at $179,000 with a lot size of 0.12. 632 N Ollie Street has 2 bedrooms, 1.0 baths, and was built in 1947. The property's zip code is 76401 which is in Stephenville, TX