632 N Ollie Street
Stephenville, TX 76401
Listing courtesy of Eric Hayden, Ebby Halliday Realtors
About this home
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.
Schools
- Elementary
- Chamberlai
- High
- Stephenvil
School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.
Property details
- MLS #
- 21247901
- Property Type
- ResidentialIncome
- Status
- Active
- County
- Erath
- Subdivision
- College Heights
- Lot Size
- 5,227.2 sqft
- HOA Dues
- None
- Annual Taxes
- $1,723
- Days on Market
- New (0 days)
- Listed
- Apr 30, 2026
- Price per Sqft
- —
Estimate your monthly payment
Estimate only, not a loan offer. Taxes, insurance, and HOA are approximate.
- Principal & interest
- $953
- Property taxes
- $144
- Homeowner's insurance (est.)
- $52
Based on a 30-year fixed loan. Talk to a lender for an accurate quote.
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Listing courtesy of Shawn Stone, Keller Williams Brazos West
Listing courtesy of Eric Hayden, Ebby Halliday Realtors
Listing courtesy of Judith Riola, Keller Williams Brazos West