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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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632 N Ollie St , Stephenville, TX 76401
$179,000
Est. Payment: $921.57/mo
2 Bed
1 Bath
938 Sqft
Status: active | Days on site: 116
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House 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.

Highlights

Listed by Eric Hayden , Ebby Halliday Realtors , North Texas Real Estate Information Systems

Property Type

Multi-Family

Lot/Acreage
0.12

Year Built

1947

County

Erath

Neighborhood

College Heights

School District

Stephenville ISD

Listing ID

21247901

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:1
  • Full Bathrooms:1
Appliances:Electric Range
Air Cond:Central Air,Electric,Wall/Window Unit(s)
Fireplaces:
Floor:Luxury Vinyl Plank
Other:
  • Additional:Built-in Features, Eat-in Kitchen, Granite Counters, High Speed Internet Available

Exterior Features

Lot:Interior Lot
Garage Capacity:1
Roof:Asphalt
Others:
  • Additional:Fire Pit, Storage, Preowned
Parking Features:Driveway
Principal Interest
$922
Taxes
$144

Home Price

$179,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$35,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$921.57

Principal

Taxes

Principal Taxes HOA Total
Monthly $921.57 $143.58 $0.00 $1,065.15
Yearly $11,058.84 $1,723.00 $0.00 $12,781.84
Total $331,765.11 $51,690.00 $0.00 $383,455.11

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Stephenville, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T19:21:47.893Z

© 2026 North Texas Real Estate Information Systems