CALLING ALL INVESTORS!!! Here is a 2-acre tract inside the city limits that has been cleared and is ready to build on. This property is currently zoned R-2, has a water well with well house, and is fenced. This tract is tucked away so that you won’t have lots of street traffic. Ready to go with gas, city water, electricity, sewer & backs up to the Bosque River.
There is an additional 1.5 acres with a 1500 foot 6 stall horse barn that is available as well.
Lot/land
$299,000
701 S Drew St, Stephenville, TX 76401
--beds
--baths
2Acres
Unimproved Land
Built in 1949
2 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 532 days
- 13
- 1
Zillow last checked:
Listing updated:
Listed by:
Larinda Ray 254-968-5750,
LARINDA RAY REALTY TEAM 254-968-5750
Source: NTREIS,MLS#: 20907061
Facts & features
Interior
Heating
- None
Cooling
- None
Property
Lot
- Size: 2 Acres
- Dimensions: 1.999 acres
- Features: Acreage, Back Yard, Cleared, Interior Lot, Lawn, City Lot
Details
- Parcel number: R000029788
- Zoning description: R-2
Utilities & green energy
- Sewer: Public Sewer
- Water: Public, Well
- Utilities for property: Cable Available, Sewer Available, Water Available
Community & HOA
Community
- Subdivision: City Add
HOA
- Has HOA: No
Location
- Region: Stephenville
Financial & listing details
- Tax assessed value: $49,980
- Annual tax amount: $1,841
- Date on market: 4/18/2025
- Cumulative days on market: 534 days
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/2/2025 | Price change | $299,000-24.1% |
Source: NTREIS #20907061 Report a problem | ||
| 6/27/2025 | Price change | $394,000-1.3% |
Source: NTREIS #20907061 Report a problem | ||
| 4/18/2025 | Listed for sale | $399,000 |
Source: NTREIS #20907061 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $49,980 -52.8% |
| 2024 | $587 +0% | $105,798 -20.1% |
| 2023 | $587 0% | $132,370 +20.8% |
| 2022 | $587 +0.2% | $109,600 +37.9% |
| 2021 | $586 +7.6% | $79,490 +8.5% |
| 2020 | $544 +4.7% | $73,270 +6.3% |
| 2019 | $520 -15.2% | $68,950 +4% |
| 2018 | $613 | $66,280 -17.2% |
| 2017 | $613 +11.1% | $80,010 +14% |
| 2016 | $552 -5% | $70,180 |
| 2015 | $580 | $70,180 |
| 2014 | $580 | $70,180 |
| 2013 | -- | $70,180 |
| 2012 | -- | $70,180 +0.1% |
| 2011 | -- | $70,080 |
| 2010 | -- | $70,080 |
| 2009 | -- | $70,080 |
| 2008 | -- | $70,080 |
| 2007 | -- | $70,080 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 76401
Nearby schools
Schools provided by the listing agent
- Elementary: Central
- 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.




