490 S First Avenue

About this home

Unlock the potential of this 1930 home situated on a desirable corner lot just minutes from the ever-growing Tarleton State University. Offering 956 square feet, this 2-bedroom, 1-bath home also includes a small bonus room that could serve as an office, hobby space, or extra storage. This property is truly a diamond in the rough and is ready for someone with vision. While it needs significant TLC, the possibilities are endless. Restore the charm of this vintage home with a complete renovation or take advantage of the prime location and rebuild to maximize its investment potential. With the strong demand for housing near the university, this lot could be an excellent site for a duplex or income-producing rental property (subject to local zoning and city approval). Whether you’re an investor, builder, or someone looking for your next renovation project, this property offers an incredible opportunity to create value in a rapidly growing area. Don’t miss your chance to invest in a location with endless potential!

Schools

Elementary

Central

Middle

Gilbert,Stephenvil

High

Stephenvil

School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.

Property details

MLS #

21343284

Property Type

Residential

Status

For Sale

County

Erath

Subdivision

South Side Add

Lot Size

7,579.44 sqft

HOA Dues

None

Annual Taxes

$1,709

Days on Market

New (0 days)

Listed

Jul 28, 2026

Price per Sqft

$99