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For sale
  • $179,000

    632 N Ollie St, Stephenville, TX 76401

    2beds
    938sqft
    Multi Family
    Built in 1947
    -- sqft lot
    $-- Zestimate®
    $191/sqft
    $-- HOA

    What's special

    Manageable size and layout
    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.
    95 days
    |
    200
    |
    13
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Eric Hayden (254)965-7653,

    Ebby Halliday Realtors 254-965-7653

    Source: NTREIS,MLS#: 21247901

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric, Wall/Window Unit(s)
      Appliances
      • Included: Electric Range
      Features
      • Built-in Features, Eat-in Kitchen, Granite Counters, High Speed Internet
      • Flooring: Luxury Vinyl Plank
      Interior area
      • Total structure area: 938
      • Total interior livable area: 938 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Driveway
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Fire Pit, Storage
      • Pool features: None
      • Fencing: Chain Link,Privacy,Wood
      Lot
      • Size: 5,227 Square Feet
      • Features: Interior Lot
      Details
      • Parcel number: R000030901

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Foundation: Pillar/Post/Pier
      • Roof: Asphalt
      Condition
      • Year built: 1947

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Sewer Available, Water Available

      Community & HOA

      Community
      • Subdivision: College Heights
      HOA
      • Has HOA: No
      Location
      • Region: Stephenville

      Financial & listing details

      • Price per square foot: $191/sqft
      • Tax assessed value: $102,910
      • Annual tax amount: $1,723
      • Date on market: 4/30/2026
      • Cumulative days on market: 95 days
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,153/mo

        Price history

        DateEventPrice
        8/3/2026Listed for sale$179,000$191/sqft
        Source: NTREIS #21247901 Report a problem
        7/24/2026Contingent$179,000$191/sqft
        Source: NTREIS #21247901 Report a problem
        4/30/2026Listed for sale$179,000+124%$191/sqft
        Source: NTREIS #21247901 Report a problem
        10/19/2024Listing removed$1,250$1/sqft
        Source: Zillow Rentals Report a problem
        10/3/2024Listed for rent$1,250$1/sqft
        Source: Zillow Rentals Report a problem
        5/17/2022Sold--
        Source: NTREIS #20027727 Report a problem
        4/26/2022Pending sale$79,900$85/sqft
        Source: NTREIS #20027727 Report a problem
        4/21/2022Listed for sale$79,900$85/sqft
        Source: NTREIS #20027727 Report a problem
        4/19/2022Pending sale$79,900$85/sqft
        Source: NTREIS #20027727 Report a problem
        4/11/2022Contingent$79,900$85/sqft
        Source: NTREIS #20027727 Report a problem
        4/8/2022Listed for sale$79,900$85/sqft
        Source: NTREIS #20027727 Report a problem
        8/4/2017Sold--
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $102,910
        2024$1,791 +7.3%$102,910 +9.3%
        2023$1,669 -7.1%$94,170 +2.9%
        2022$1,796 +39.8%$91,540 +48%
        2021$1,285 +3.5%$61,850 +6.1%
        2020$1,242 +2.8%$58,290 +6.6%
        2019$1,208 +29.2%$54,690 +16.2%
        2018$935 $47,060 +10.5%
        2017$935 +9.8%$42,570 +10.3%
        2016$851 +5.5%$38,590
        2015$807 $38,590 +5.6%
        2014$807 $36,560
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 76401

        Getting around

        50 / 100
        Somewhat Walkable
        40 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Chamberlai
        • Middle: Gilbert,Stephenvil
        • High: Stephenvil
        • District: Stephenville ISD

        Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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