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$249,000

717 N Mccart St, Stephenville, TX, 76401

On MarketInfo
CommercialInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size21,475 sqft

Land Information

APNR000033274
Lot Number6
Land UseCommercial
Legal DescriptionS5700 SHAPARD & COLLINS;, BLOCK 12;, LOT 6; (S PT OF)
Census Tract950502
Assessed Land Value$42,990
Assessment Year2025

About this property

Great lot close to the University! Check out this opportunity! This lot is located a couple blocks from Tarleton State University! It is currently zoned IND Industrial, but there is a very likely possibility of getting it rezoned to R 2.5 or R3! There is road frontage on two sides! It is very level and buildable! Tarleton is one of the nations fastest growing universities, and it shows no signs of slowing down anytime soon! If you are looking for an opportunity to build some townhomes, duplexes or apartments, then here it is! It would be also a great place to build some contractor shops or other commercial buildings! Lots like this are getting harder and harder to find, so come take a look and see if this is the one for you!

Investor Tools

$0Estimated Mortgage Balance
$42,990Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,494 /month
Positive
Cash Flow Estimate:
$498 /month

Interested in this property?

Sam Byrd

Keller Williams Brazos West

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$70/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$42,990
2025
$42,990
N/A
$42,990
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$42,990

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$42,990
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
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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