860 W Long St Unit 2 Stephenville, TX 76401
Estimated payment $3,454/month
About This Lot
Great investment opportunity!! Check out this huge 1.68 acre R3 multi family zoned lot!! The lot is located in a prime spot! As you can see in the pictures there is a large complex of new apartments being built right behind it! It is centrally located, close to TSU, the city park, the downtown area and the shopping district! This one is primed and ready for someone to come and develop it! Keep the home and rent it or remove it and develop the entire lot. The possibilities are endless. The street out front has recently been replaced and now features new sidewalks. This is a great opportunity for someone wanting to jump into the Multi Family housing business and it already has a home on site to rent and offset the cost! The home is a very large older home that has been updated. There is also a possibility of some additional acreage that would give the lot access to a second street. Call or text to see what this one can do for you!!
Listing Agent
Keller Williams Brazos West Brokerage Phone: 254-987-2248 License #717388 Listed on: 04/22/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,669
Year Built
- Built in 1920
Lot Details
- 1.68 Acre Lot
- Zoning described as R3 Multi Family
Location
- City Lot
Schools
- Central Elementary School
- Stephenvil High School
Community Details
- City Add Subdivision
Listing and Financial Details
- Legal Lot and Block 12 / 72
- Assessor Parcel Number R000029717
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,309 | $247,610 | $79,980 | $167,630 |
| 2024 | $3,964 | $247,610 | $79,980 | $167,630 |
| 2023 | $2,681 | $247,610 | $79,980 | $167,630 |
| 2022 | $3,694 | $230,450 | $79,980 | $150,470 |
| 2021 | $3,646 | $171,130 | $52,990 | $118,140 |
| 2020 | $3,981 | $171,130 | $52,990 | $118,140 |
| 2019 | $3,596 | $158,180 | $47,990 | $110,190 |
| 2018 | $3,468 | $157,220 | $47,990 | $109,230 |
| 2017 | $3,442 | $156,020 | $45,210 | $110,810 |
| 2016 | $3,305 | $149,830 | $39,020 | $110,810 |
| 2015 | $1,745 | $149,830 | $39,020 | $110,810 |
| 2014 | $1,745 | $79,060 | $36,330 | $42,730 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/04/2025 11/04/25 | For Sale | $599,000 | 0.0% | -- |
| 10/31/2025 10/31/25 | Off Market | -- | -- | -- |
| 04/22/2024 04/22/24 | For Sale | $599,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $152,167 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $152,167 | FHA |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20595441
APN: R000029717
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