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$4,000,000
Est. payment /mo
26.91 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Active Option Contract
Purchase Type For Sale
MLS Listing ID 21035008
Lot Size 26.914 Acres
Acres 26.914
Property Sub-Type Unimproved Land
Property Description
Premier development opportunity at 3050 W Washington Street, one of the most visible and heavily traveled corridors in Stephenville, Texas. This exceptional 26+ acre tract boasts extensive frontage along Washington Street (US Highway 377), supported by some of the highest TxDOT traffic counts within city limits. Utilities are already on site, allowing for efficient and timely development.
The property is currently zoned B-2, accommodating a wide range of high-demand commercial uses including retail, restaurants, hotels, banks, churches, medical, and service-oriented businesses. With strong visibility, easy access, and a central location, the site is ideally positioned for destination and daily-use development alike.
Stephenville—known as the “Cowboy Capital of the World”—serves as the regional hub for Erath County and surrounding communities. Anchored by Tarleton State University, the city continues to experience sustained population growth, expanding enrollment, and increasing consumer demand. The local economy is diversified across education, healthcare, agriculture, and retail, making Stephenville a stable and attractive market for long-term investment.
The rear portion of the property offers an additional value-add opportunity and would be well-suited for future residential development, subject to rezoning—creating potential for a mixed-use project in a growing corridor.
This is a rare opportunity to secure a large-scale, high-visibility development site in one of North Central Texas' most active and expanding markets.
The property is currently zoned B-2, accommodating a wide range of high-demand commercial uses including retail, restaurants, hotels, banks, churches, medical, and service-oriented businesses. With strong visibility, easy access, and a central location, the site is ideally positioned for destination and daily-use development alike.
Stephenville—known as the “Cowboy Capital of the World”—serves as the regional hub for Erath County and surrounding communities. Anchored by Tarleton State University, the city continues to experience sustained population growth, expanding enrollment, and increasing consumer demand. The local economy is diversified across education, healthcare, agriculture, and retail, making Stephenville a stable and attractive market for long-term investment.
The rear portion of the property offers an additional value-add opportunity and would be well-suited for future residential development, subject to rezoning—creating potential for a mixed-use project in a growing corridor.
This is a rare opportunity to secure a large-scale, high-visibility development site in one of North Central Texas' most active and expanding markets.
Location
State TX
County Erath
Zoning B-2
Direction GPS Friendly. Located on W Washington just as you leave Stephenville headed towards Dublin, property on your left.
Interior
Heating None
Cooling None
Heat Source None
Exterior
Utilities Available City Sewer, City Water
Garage No
Building
Lot Description Acreage, Few Trees
Others
Special Listing Condition Aerial Photo
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21035008
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©2026 North Texas Real Estate Information Systems.
Listed by Eric Hayden • Ebby Halliday Realtors
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