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Multi family home for sale at 632 N Ollie St, Stephenville, TX 76401 | MLS# 21247901 | Listing updated on 2026-09-18
Photo 1 of Multi family home for sale at 632 N Ollie St, Stephenville, TX 76401 | MLS# 21247901 | Listing updated on 2026-09-18
Photo 2 of Multi family home for sale at 632 N Ollie St, Stephenville, TX 76401 | MLS# 21247901 | Listing updated on 2026-09-18
Photo 3 of Multi family home for sale at 632 N Ollie St, Stephenville, TX 76401 | MLS# 21247901 | Listing updated on 2026-09-18
Photo 4 of Multi family home for sale at 632 N Ollie St, Stephenville, TX 76401 | MLS# 21247901 | Listing updated on 2026-09-18
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$179,000

Monthly Est:$891

  • Beds Icon2 Beds
  • Beds Icon
    1 Bath
  • Beds Icon938sqft

632 N Ollie St, Stephenville, TX 76401

$891/moEst:

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  • Multi Family

  • Built in 1947

  • $-- HOA

  • 0.12 acre lot

  • $191/sq.ft

Description

Investor opportunity just steps from Tarleton State University! This 2-bedroom, 1-bath single-family home offers immediate and stable cash flow with a tenant in place through June 30, 2027 at $1,400 per month. Ideally located within walking distance to campus, the property benefits from consistent rental demand driven by Tarleton State’s continued growth as a Division I university with steadily increasing enrollment. This prime location makes it highly attractive for student or faculty housing, supporting long-term investment potential. The home’s manageable size and layout provide low maintenance ownership, while the existing lease ensures reliable income from day one. Whether you’re expanding your portfolio or seeking a turnkey rental in a high-demand area, this property presents a compelling opportunity for both current returns and future appreciation.

  • Houzeo last checked: 2 minutes ago
  • Listing updated: September 18, 2026 at 6:00 pm
  • Listing Provided by: Eric Hayden | Ebby Halliday Realtors (254) 965-7653
  • Source: NTREIS MLS-TX | MLS#: 21247901 NTREIS MLS-TX

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    1

  • County

    Erath County

  • City

    Stephenville

  • Neighborhood

    --

  • Year Built

    1947

  • HOA Fees

    -

  • Finished Area

    938 sqft

  • Lot Size

    0.12 acre lot

  • Basement Area

    - sqft

  • MLS Name

    NTREIS MLS

  • MLS Number

    21247901

  • MLS Status

    Active

  • Cumulative Days on Market

    141

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 2

    Bathroom: 1

Interior

  • Sewer

    Public Sewer

  • Interior Features

    Built In Features, Eat In Kitchen, Granite Counters, High Speed Internet

  • Cooling

    Central Air, Electric, Wall Window Units

  • Flooring

    Luxury Vinyl Plank

  • Heating

    Central, Electric

  • Exterior Features

    Fire Pit, Storage

  • Appliances

    Electric Range

Construction

  • Year Built

    Year Built: 1947

  • Home type

    Multi Family

  • Property Condition

    Resale

  • Roof

    Asphalt

  • Foundation Details

    Pillar Post Pier

Utilities & Energy

  • Water Source

    Public

  • Utilities

    Sewer Available, Water Available

  • Pool Features

    None

  • Parking Features

    Driveway

Other Features

  • Subdivision Name

    College Heights

  • Lot Features

    Interior Lot

Price History

DateEventPrice

08/03/2026

Source: mls_logoNTREIS MLS-TX #21247901

Listed for Sale

$179,000

$191/sqft

07/24/2026

Source: mls_logoNTREIS MLS-TX #21247901

Contingent (Active Under Contract)

$179,000 +124.03%

$191/sqft

05/17/2022

Source: mls_logoNTREIS MLS-TX #20027727

Sold

$79,900

$85/sqft

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Based on information from the North Texas Real Estate Information Systems, Inc., through Oct 11, 2026, 03:15AM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. ©2026 North Texas Real Estate Information Systems, Inc. All Rights Reserved.

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