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$252,000

231 E Crow Street, Stephenville, TX, 76401

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

RARE Development Opportunity in heart of Stephenville! Located just one mile from Tarleton State University, this centrally located lot offers an outstanding opportunity for developers and investors. Zoned B-3 Central Business, it supports a broad range of development options, making it a flexible canvas for your next project. Whether you're envisioning residential properties, small businesses, or a dynamic mixed-use development, this property is brimming with potential. The seller is also offering the adjacent lot at 251 E Crow, opening the possibility to replat both lots into a larger, more versatile parcel that accommodates even more ambitious development concepts. For those seeking inspiration, the seller has plans for a shop and office space, which can be made available upon request. This is a rare chance to capitalize on a location that combines accessibility, flexibility, and potential.The property enjoys easy access to the city’s vibrant downtown and Tarleton State campus, ensuring high visibility and demand. Whether you’re planning for commercial ventures, residential spaces, or something entirely unique, this location is primed for success.

Investor Tools

Property Icon
$252,000
Estimated Property Value
$0Estimated Mortgage Balance
$252,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,512 /month
Positive
Cash Flow Estimate:
$504 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$105/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$25,000
2025
$25,000
N/A
$25,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$25,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$252,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Stephenville

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