490 S 1st Ave, Stephenville, TX, 76401
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!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1930
Materials
- Foundation: Pillar/Post/Pier
- Roof: Composition
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional,Detached
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric Range,Electric Water Heater
- Laundry features: Washer Hookup,Dryer Hookup,ElectricDryer Hookup,Laundry in Utility Room
Bedroom
- Features: Ceiling Fan(s)
- Level: First
- Dimensions: 13 x 12
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Bonus Room
- Level: First
- Dimensions: 12 x 8
Cooling
- Cooling features: Ceiling Fan(s)
Features
- Decorative/Designer Lighting Fixtures,High Speed Internet
- Flooring: Luxury Vinyl Plank,Simulated Wood
Interior Area
- Total interior livable area: 956 sqft
Kitchen
- Features: Built-in Features,Ceiling Fan(s)
- Level: First
- Dimensions: 12 x 13
Laundry
- Level: First
- Dimensions: 8 x 8
Living Room
- Features: Ceiling Fan(s)
- Level: First
- Dimensions: 12 x 16
Master Bathroom
- Level: First
- Dimensions: 8 x 6
Master Bedroom
- Features: Ceiling Fan(s)
- Level: First
- Dimensions: 13 x 12
Property
Details
- Parcel number: R000033542
Features
- Levels: One
- Stories: 1
- Pool features: None
- Patio & porch: Rear Porch,Front Porch,Covered
- Exterior features: Storage
- Fencing: Chain Link
Lot
- Lot size: 7,579 sqft
- Features: Corner Lot,Few Trees
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Lightning
- Tornado
- Strong Wind
- Wildfire
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $480 | $5,760 |
| Home Insurance * | $86 | $1,032 |
| Property Taxes | $131 | $1,572 |
| Electricity | $238 | $2,859 |
| Total | $935 | $11,220 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-14 | Price change | $89,999 |
| 2026-07-28 | Listed for sale | $95,000 |
For Sale by Agent
View on Zillow