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TARLETONTARLETON

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YOUR TARLETON LOAN OFFICER

Matt DeanNEXA Lending · NMLS #227603(512) 415-6142

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EXCLUSIVE REALTOR SPOTYOUR BROKERAGE • YOUR BRAND

MARKET POTENTIAL

✓ 1 Per Campus✓ Top AI Rank✓ Direct Contact

BECOME THE EXCLUSIVE REALTOR FOR TARLETON STATE UNIVERSITY

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Matt DeanNEXA Lending · NMLS #277603(512) 615-6142

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Tarleton State University · Stephenville, TX

Compare homes for sale, rentals, financing, neighborhoods, and the cost of renting versus buying near Tarleton.

Compare Renting vs. Buying

Campus-Area PropertiesRent-vs-Buy ComparisonLocal Campus-Area Professionals

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Tarleton State University Property Explorer

Homes for Sale Near Tarleton State University

Review active homes for sale within 3 miles of Tarleton State University's campus. Select a listing to view details, or inquire about a specific property.

8 homes for sale

YOUR TARLETON STATE UNIVERSITY REAL ESTATE EXPERT

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For Sale

0.3 miles from campus

Single-Family · McIlhaney Park

3 bd 2 ba 1,480 sqft$220,000

3-bedroom starter near Tarleton. Open floor plan, updated kitchen, tile throughout, and a large fenced backyard. Excellent parent-buyer entry in Stephenville.

For Sale

1 / 5

0.3 miles from campus

Single-Family · McIlhaney Park

3 bd 2 ba 1,480 sqft$220,000

3-bedroom starter near Tarleton. Open floor plan, updated kitchen, tile throughout, and a large fenced backyard. Excellent parent-buyer entry in Stephenville.

For Sale

0.5 miles from campus

Single-Family · Washington Park

4 bd 2 ba 1,800 sqft$260,000

Spacious 4-bedroom near Tarleton State in Washington Park. Updated kitchen with granite, tile floors, and a covered patio. Strong roommate configuration in growing Stephenville.

For Sale

1 / 5

0.5 miles from campus

Single-Family · Washington Park

4 bd 2 ba 1,800 sqft$260,000

Spacious 4-bedroom near Tarleton State in Washington Park. Updated kitchen with granite, tile floors, and a covered patio. Strong roommate configuration in growing Stephenville.

For Sale

0.5 miles from campus

Condo · Frey Square

2 bd 2 ba 980 sqft$165,000

Modern 2-bedroom condo near Tarleton. Granite kitchen, laminate floors, secure entry, and reserved parking. Low-maintenance entry in Stephenville.

For Sale

1 / 5

0.5 miles from campus

Condo · Frey Square

2 bd 2 ba 980 sqft$165,000

Modern 2-bedroom condo near Tarleton. Granite kitchen, laminate floors, secure entry, and reserved parking. Low-maintenance entry in Stephenville.

For Sale

0.5 miles from campus

Single-Family · Sloan Street

3 bd 2 ba 1,400 sqft$195,000

Well-priced 3-bedroom near Tarleton. Fresh paint, updated kitchen, tile floors, and a fenced yard. Solid entry point given Tarleton's rapid enrollment growth.

For Sale

1 / 5

0.5 miles from campus

Single-Family · Sloan Street

3 bd 2 ba 1,400 sqft$195,000

Well-priced 3-bedroom near Tarleton. Fresh paint, updated kitchen, tile floors, and a fenced yard. Solid entry point given Tarleton's rapid enrollment growth.

For Sale

0.6 miles from campus

Single-Family · Lillian Park

3 bd 2 ba 1,680 sqft$285,000

Updated 3-bedroom on Lillian Street. Engineered wood floors, granite kitchen, newer HVAC, and a screened porch. Minutes from Tarleton campus.

For Sale

1 / 5

0.6 miles from campus

Single-Family · Lillian Park

3 bd 2 ba 1,680 sqft$285,000

Updated 3-bedroom on Lillian Street. Engineered wood floors, granite kitchen, newer HVAC, and a screened porch. Minutes from Tarleton campus.

For Sale

0.7 miles from campus

Single-Family · Harbin

3 bd 2 ba 1,550 sqft$240,000

Move-in ready 3-bedroom near Tarleton. Open floor plan, updated kitchen and bath, ceramic tile, and a covered patio. Walk to campus and downtown Stephenville.

For Sale

1 / 5

0.7 miles from campus

Single-Family · Harbin

3 bd 2 ba 1,550 sqft$240,000

Move-in ready 3-bedroom near Tarleton. Open floor plan, updated kitchen and bath, ceramic tile, and a covered patio. Walk to campus and downtown Stephenville.

For Sale

1.4 miles from campus

Single-Family · Lingleville

4 bd 2.5 ba 2,250 sqft$320,000

Beautiful 4-bedroom north of Tarleton. Two-story with vaulted ceilings, gourmet kitchen with island, primary suite, and a covered patio. Growing-enrollment market.

For Sale

1 / 5

1.4 miles from campus

Single-Family · Lingleville

4 bd 2.5 ba 2,250 sqft$320,000

Beautiful 4-bedroom north of Tarleton. Two-story with vaulted ceilings, gourmet kitchen with island, primary suite, and a covered patio. Growing-enrollment market.

For Sale

2.2 miles from campus

Single-Family · Prairie Wind

5 bd 3 ba 2,700 sqft$365,000

Grand 5-bedroom in North Stephenville. Two-story with game room, gourmet kitchen, and a resort-style backyard. Maximum roommate-rent near Tarleton's growing campus.

For Sale

1 / 5

2.2 miles from campus

Single-Family · Prairie Wind

5 bd 3 ba 2,700 sqft$365,000

Grand 5-bedroom in North Stephenville. Two-story with game room, gourmet kitchen, and a resort-style backyard. Maximum roommate-rent near Tarleton's growing campus.

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For Sale

For Sale · Single-Family

0.3 miles from campus

Stephenville, TX 76401 · McIlhaney Park

$220,000 3 bd 2 ba 1,480 sqft

3-bedroom starter near Tarleton. Open floor plan, updated kitchen, tile throughout, and a large fenced backyard. Excellent parent-buyer entry in Stephenville.

Viewing 1 of 8

Rent vs. Own + Cash-Flow Snapshot

Compare estimated nearby rent with the cost of owning this property. Roommate contributions may offset part of the payment, but all figures require review.

Rent Nearby

$2,850/mo

3 beds × $950/mo

Own This Property

$1,531/mo

Estimated payment @ 7.25%

Monthly Gap

+$1,319/mo

DSCR: 1.86x

Simple read: Estimated comparable rent is $2,850/mo. The estimated monthly ownership cost is $1,531/mo, creating an estimated difference of $1,319/mo before appreciation, tax treatment, principal reduction, maintenance changes, vacancies, or rent changes.

Roommate Rent Offset

If the student occupies one bedroom, up to 2 additional bedrooms may potentially be used by roommates. At an estimated $950 per occupied roommate bedroom, the projected monthly offset would be approximately $1,900.

Roommate income is not guaranteed. Lease gaps, turnover, non-payment, occupancy rules, and changing rental conditions may affect actual contributions.

Monthly Ownership Estimate

Estimated monthly costs with local-service review points for each line. Confirm actual financing, taxes, insurance, association charges, utilities, and management costs with qualified professionals.

Purchase Scenario

$220,000

est. price · 25% down ($55,000)

Principal & Interest

30-yr @ 7.25% · loan $165,000

$1,126/mo

Property Tax

~1.2% effective rate on $220,000

$222/mo

Homeowners / Hazard / Flood InsuranceConfirm during review

$2,200/yr estimate · varies by location, coverage, carrier

$183/mo

HOA / Condo DuesConfirm during review

Confirm during review

$0/mo

Property ManagementEducational estimate

~8% of gross rent · leasing, maintenance, rent collection

$228/mo

Internet / Utilities SetupConfirm during review

Student-friendly plan estimate · varies by provider

$80/mo

Move-In / Setup ReserveEducational estimate

Monthly reserve for furniture, storage, move-in costs

$200/mo

Estimated Total Monthly Ownership Cost

$2,039/mo

vs. $2,850/mo estimated rent

Compare Financing Options

Rent Nearby

$2,850/mo

Est. PITIA

$1,531/mo

Est. Diff

+$1,319/mo

Interest-Only

Request estimate

COMPARE FINANCING OPTIONS

Comparable Nearby Options

Compare other active Tarleton State University-area properties from the current result set.

0.5 miles from campus

Single-Family · 3 bd / 2 ba · $195,000

Same property type

0.6 miles from campus

Single-Family · 3 bd / 2 ba · $285,000

Same property type

0.7 miles from campus

Single-Family · 3 bd / 2 ba · $240,000

Same property type

Near campusParent rent-vs-buyFinancing review

Additional Local Services

Property ManagementConfirm during review

Homeowners / Hazard / Flood InsuranceConfirm during review

Moving / StorageConfirm during review

Internet ProviderConfirm during review

Educational estimates only. These figures are not a loan quote, investment advice, tax advice, an appraisal, or a guarantee of rent, approval, occupancy, appreciation, or cash flow. Property-specific figures should be reviewed with qualified real estate, lending, insurance, tax, and property-management professionals.

8 representative buy scenarios

YOUR TARLETON STATE UNIVERSITY REAL ESTATE EXPERT

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For Sale

0.3 miles from campus

Single-Family · McIlhaney Park

3 bd 2 ba 1,480 sqft$220,000

3-bedroom starter near Tarleton. Open floor plan, updated kitchen, tile throughout, and a large fenced backyard. Excellent parent-buyer entry in Stephenville.

For Sale

1 / 5

0.3 miles from campus

Single-Family · McIlhaney Park

3 bd 2 ba 1,480 sqft$220,000

3-bedroom starter near Tarleton. Open floor plan, updated kitchen, tile throughout, and a large fenced backyard. Excellent parent-buyer entry in Stephenville.

For Sale

0.5 miles from campus

Single-Family · Washington Park

4 bd 2 ba 1,800 sqft$260,000

Spacious 4-bedroom near Tarleton State in Washington Park. Updated kitchen with granite, tile floors, and a covered patio. Strong roommate configuration in growing Stephenville.

For Sale

1 / 5

0.5 miles from campus

Single-Family · Washington Park

4 bd 2 ba 1,800 sqft$260,000

Spacious 4-bedroom near Tarleton State in Washington Park. Updated kitchen with granite, tile floors, and a covered patio. Strong roommate configuration in growing Stephenville.

For Sale

0.5 miles from campus

Condo · Frey Square

2 bd 2 ba 980 sqft$165,000

Modern 2-bedroom condo near Tarleton. Granite kitchen, laminate floors, secure entry, and reserved parking. Low-maintenance entry in Stephenville.

For Sale

1 / 5

0.5 miles from campus

Condo · Frey Square

2 bd 2 ba 980 sqft$165,000

Modern 2-bedroom condo near Tarleton. Granite kitchen, laminate floors, secure entry, and reserved parking. Low-maintenance entry in Stephenville.

For Sale

0.5 miles from campus

Single-Family · Sloan Street

3 bd 2 ba 1,400 sqft$195,000

Well-priced 3-bedroom near Tarleton. Fresh paint, updated kitchen, tile floors, and a fenced yard. Solid entry point given Tarleton's rapid enrollment growth.

For Sale

1 / 5

0.5 miles from campus

Single-Family · Sloan Street

3 bd 2 ba 1,400 sqft$195,000

Well-priced 3-bedroom near Tarleton. Fresh paint, updated kitchen, tile floors, and a fenced yard. Solid entry point given Tarleton's rapid enrollment growth.

For Sale

0.6 miles from campus

Single-Family · Lillian Park

3 bd 2 ba 1,680 sqft$285,000

Updated 3-bedroom on Lillian Street. Engineered wood floors, granite kitchen, newer HVAC, and a screened porch. Minutes from Tarleton campus.

For Sale

1 / 5

0.6 miles from campus

Single-Family · Lillian Park

3 bd 2 ba 1,680 sqft$285,000

Updated 3-bedroom on Lillian Street. Engineered wood floors, granite kitchen, newer HVAC, and a screened porch. Minutes from Tarleton campus.

For Sale

0.7 miles from campus

Single-Family · Harbin

3 bd 2 ba 1,550 sqft$240,000

Move-in ready 3-bedroom near Tarleton. Open floor plan, updated kitchen and bath, ceramic tile, and a covered patio. Walk to campus and downtown Stephenville.

For Sale

1 / 5

0.7 miles from campus

Single-Family · Harbin

3 bd 2 ba 1,550 sqft$240,000

Move-in ready 3-bedroom near Tarleton. Open floor plan, updated kitchen and bath, ceramic tile, and a covered patio. Walk to campus and downtown Stephenville.

For Sale

1.4 miles from campus

Single-Family · Lingleville

4 bd 2.5 ba 2,250 sqft$320,000

Beautiful 4-bedroom north of Tarleton. Two-story with vaulted ceilings, gourmet kitchen with island, primary suite, and a covered patio. Growing-enrollment market.

For Sale

1 / 5

1.4 miles from campus

Single-Family · Lingleville

4 bd 2.5 ba 2,250 sqft$320,000

Beautiful 4-bedroom north of Tarleton. Two-story with vaulted ceilings, gourmet kitchen with island, primary suite, and a covered patio. Growing-enrollment market.

For Sale

2.2 miles from campus

Single-Family · Prairie Wind

5 bd 3 ba 2,700 sqft$365,000

Grand 5-bedroom in North Stephenville. Two-story with game room, gourmet kitchen, and a resort-style backyard. Maximum roommate-rent near Tarleton's growing campus.

For Sale

1 / 5

2.2 miles from campus

Single-Family · Prairie Wind

5 bd 3 ba 2,700 sqft$365,000

Grand 5-bedroom in North Stephenville. Two-story with game room, gourmet kitchen, and a resort-style backyard. Maximum roommate-rent near Tarleton's growing campus.

Showing all 8 properties

Property information, pricing, photographs, and availability may change. Verify current details before making a housing decision. CollegeHousing.ai is an independent housing information platform and is not a brokerage, MLS, property-listing provider, or affiliate of Tarleton State University.

You're viewing the Tarleton State University housing market.

•

Use this page to review parent, investor, seller, and financing paths near campus.

Built Around the Tarleton State University Housing Decision

Families and investors do not search for generic housing. They search around a specific school, a specific timeline, and a specific decision. This market page organizes the major paths around Tarleton State University.

Parents

Compare rent vs. buy near Tarleton State University before defaulting to another year of rent.

Start Rent vs. Buy Review

Investors

Review campus-area rental potential, student housing demand, and financing paths.

Analyze a Campus Rental

Sellers

Understand whether campus-area ownership demand may support a sale, refinance, or hold decision.

Request Property Review

Borrowers

Review DSCR, conventional, refinance, and cash-out paths for campus-area property.

Check Financing Options

Tarleton Housing Decision Center

Review Tarleton State University Campus-Area Housing

Independent college housing market review covering parent rent-vs-buy analysis, student-rental investment evaluation, DSCR financing review, seller timing, and local real estate professional connection for the Tarleton State University / Stephenville market.

Parent Rent vs. Buy

Investor Cash Flow

Seller Review

Financing Path

Parent Rent vs. Buy

Review Candidates

Student-Rental Demand

~82% Off Campus

Local Market Contact

Available

Explore Tarleton Property Review Candidates

Estimated review scenario. Current availability, pricing, rent potential, taxes, insurance, HOA, and financing terms should be verified before making a decision. These are not active MLS listings.

NEIGHBORHOODS

Compare Neighborhoods Near Tarleton State

Compare four Stephenville areas by proximity to the Tarleton State campus, housing type, buyer fit, and practical considerations before focusing your search.

Residential street near a dense urban neighborhood

Walkable to Campus

Tarleton Heights

76401 · Walkable to campus

The residential area directly north and east of the Tarleton State campus, blending older single-family homes with a concentration of student housing. Its walk-to-class location makes it the area's most convenient zone for students and a steady rental market for investors.

Housing MixOlder single-family homes and student-oriented rentals

Best FitStudents and investors wanting the closest walk to campus

Watch ForAnnual student turnover drives leasing activity

Featured Area

Small-town main street with local storefronts

Small-Town Center

Downtown Stephenville

76401 · Short drive to campus

Stephenville's walkable courthouse-square district with local shops, restaurants, and historic buildings surrounded by older frame homes on quiet side streets. It offers the town's strongest sense of community and character within a few minutes of the university.

Housing MixHistoric homes and mixed residential near shops

Best FitBuyers wanting small-town character and central amenities

Watch ForHistoric homes may require renovation and maintenance

Featured Area

Tree-lined residential street with homes

Established Residential

West Stephenville

76401 · 5–10 minute drive to campus

Established residential neighborhoods west of center with ranch-style homes, mature trees, and roomier lots popular with families and long-term homeowners. It provides a quieter home base with a straightforward drive to the Tarleton campus.

Housing MixRanch-style single-family homes on established streets

Best FitFamilies and buyers seeking space and a settled setting

Watch ForCar needed for most trips to campus and town

Featured Area

Newer single-family homes in a suburban development

Value-Oriented

East / Erath County Fringe

76401 · Short drive to campus

Developing residential areas on the edge of Stephenville where newer construction and more affordable pricing meet the surrounding Erath County countryside. It suits first-time buyers and investors seeking value within reach of campus and regional jobs.

Housing MixNewer homes and acreage-style properties on the town fringes

Best FitBudget-conscious buyers and those seeking space on more land

Watch ForNewer areas may lack the mature trees of central neighborhoods

Featured Area

Market Guidance

Tarleton State Housing Market Guides

Local guides for parents, investors, sellers, and borrowers reviewing housing near Tarleton State University in Stephenville.

Parent Guide

Buying Housing Near Tarleton: Parent Guide to Stephenville Campus Areas

What parents should evaluate when comparing rent, ownership, neighborhood selection, and resale potential near Tarleton State University in Stephenville.

Read Guide

Parent Guide

Rent vs. Buy Near Tarleton State University

A Stephenville-focused rent-vs-buy guide for families comparing student rental costs against owning near Tarleton.

Read Guide

Local Guide

Best Stephenville Areas to Review for Tarleton Housing

A local review of campus-area housing considerations in Stephenville and the growing Tarleton State University area.

Read Guide

Investor Guide

Tarleton Student Rental Investment Guide

How investors can evaluate rapid enrollment growth, Division I transition dynamics, and cash flow near Tarleton.

Read Guide

Seller Guide

Selling a House Near Tarleton State University

How campus-area owners can position a Stephenville property for parent buyers, investor buyers, and growing-university demand.

Read Guide

Financing Guide

DSCR and Investor Financing for Tarleton-Area Rentals

What borrowers should know when reviewing DSCR, rental income, investor financing, and student-housing properties near Tarleton.

Read Guide

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Professional partner information is available on the Partner With Us page.

Review Paths

Tarleton State University Housing Review Paths

Choose the path that best matches your situation near Tarleton State University in Stephenville. Each review path focuses on a different set of housing and financing questions.

Parent Rent vs. Buy Review

Compare four years of Stephenville rent with ownership costs near Tarleton State University. Review roommate rent offset, financing structure, and after-graduation options.

Start Parent Review

Investor Cash Flow Review

Evaluate student-rental income, operating expenses, DSCR fit, vacancy assumptions, and long-term college-town demand near Tarleton State University.

Analyze a Campus Rental

Seller / Hold Review

Review whether your Stephenville-area property may attract parent buyers, student-rental investors, or local demand. Compare sell, refinance, and hold scenarios.

Request Property Review

Financing Review

Review parent-purchase, second-home, investment-property, DSCR, refinance, and cash-out financing paths for the Stephenville market.

Check Financing Options

Property Management Review

Steve Johnson, Austin Property Management Group, serves the Stephenville market. Review leasing, maintenance, turnover, and long-distance ownership near Tarleton State University.

View Steve's Profile

Start with your decision

Each path focuses on a different set of questions — parent purchase, investment cash flow, seller review, or financing options near Tarleton State University.