
$762,000
NAL Estimated Property Value615 College Farm Rd, Stephenville, TX, 76401
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About this property
Not often do you find over 8 acres of land within the Stephenville City Limits! Well here it is! Located on College Farm Road and just off of Lingleville Hwy and the downtown area. This 8+ acre tract of land is primed and ready for its next owner! The City of Stephenville is on fire with so many different projects happening all across the town! This land offers so many opportunities, and according to the city there are certainly some rezoning opportunities! If you are looking for a place to develop at a cost below much of the other available acreage within the town, then come take a look and see what this location can do for you! The home is being sold with the land, as is and no value is being placed on the home due to the nature of the potential future use of the property!
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Stephenville
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