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$1,450,000
3 Beds 3 Baths 21269509 MLS
Great property and great location!! Located just outside of Stephenville on Hwy 281!! There are amazing elevation changes giving you some fantastic views of this approx 62.5 acres (to be surveyed out of a larger plot, should follow the fence line, can be seen on documents in transaction desk)! The main house is 3 bed 3 baths and has had some recent updates including flooring and paint, it is located at the back of the property for peace and quiet. The older home on the property could use some TLC but would make a great bunk house as it is located right by the recently installed 6 stall barn. Property also includes a shop and detached carport. Located right behind the main house is an a great project that needs to be completed and would make a perfect pool house if you wanted to put a pool in the oversized back yard. This is a fantastic opportunity to have your very own ranch. There are so many possibilities with the property!

10184 S Us Highway 281, Stephenville

$2,950,000
3 Beds 3 Baths 21269546 MLS
Great property and great location!! Located just outside of Stephenville on Hwy 281!! There are amazing elevation changes giving you some fantastic views of this approx 62.5 acres (to be surveyed out of a larger plot, should follow the fence line, can be seen on documents in transaction desk)! The main house is 3 bed 3 baths and has had some recent updates including flooring and paint, it is located at the back of the property for peace and quiet. The older home on the property could use some TLC but would make a great bunk house as it is located right by the recently installed 6 stall barn. Property also includes a shop and detached carport. Located right behind the main house is an a great project that needs to be completed and would make a perfect pool house if you wanted to put a pool in the oversized back yard. Another house located on 281 is situated on the property as well, giving an opputunity for rental income. This is a fantastic opportunity to have your very own ranch with multiple houses. There are so many possibilities with the property!

10184 S Us Highwy 281 Unit A, Stephenville

$1,450,000
4 Beds 3 Baths 21267590 MLS
Located close to town, this home sits on 10 acres, on top of a hill. From front porch you can see downtown Stephenville and watch beautiful sunsets. There are four bedrooms, three full baths and an office. Open concept in kitchen area and all walls in kitchen and living area are covered in shiplap.Ten foot ceilings and eight foot doors are throughout home.Plantation shutters on all windows and fireplace is propane. Flooring is wood ceramic tile. Sprinkler system. Covered carport at back door doubles as an entertaining area. Home is spray foam insulated. Shop is foam insulated, 40x60, with a fully insulated well room with water softener, toilet in there. Firepit is under group of mature Oak trees. Property is fenced with electric gate, cattle pen, working chute and cattle guards. Generac Generator outside home. Come see! New 600 sq foot cabin on property, money making, and red covered bridge. RV hookup. What a dream place!

965 County Road 223, Stephenville

$950,000
11 Beds 6 Baths 21266459 MLS
Turnkey Investment Property with Expansion Potential on 5 Acres! Built in 2021, these low-maintenance units combine functionality with a contemporary design featuring four modern quadplex buildings, each offering 2-bedroom, 1-bath units with appliances, stained concrete floors and private fenced backyards—perfect for attracting long-term tenants. In addition, the property includes a fully remodeled manufactured home with 3 bedrooms, 2 baths, screened porch and its own fenced yard, ideal as an owner’s residence, rental, or guest space. Outside amenities include a 6-stall barn, arena, loafing sheds, and room to expand with more facilities or even an additional quadplex. This property has maintained occupancy, has a new well for the quadplex units, and is income producing perfect for your investment portfolio.

1450 Lincoln Dr, Stephenville

$449,000
4 Beds 2 Baths 21258675 MLS
Welcome to your slice of Texas Spirit. Situated just outside the Cowboy Capital of the World, this beautiful Stephenville estate offers the perfect blend of cozy residential living with big mature shade trees and functional agricultural space. Discover the financial flexibility with this unique property featuring a well-maintained duplex-style residence, offering two complete living units, each with two bedrooms and one bathroom. Whether you’re looking for a dedicated guest house, a space for extended family, or a high-demand rental in the Cowboy Capital of the World, this layout delivers. Set on a little over three acres, the property is fully equipped for rural life with a large multi-stall barn, workshop, and fenced pastures. The duplex design is ideal for those seeking a private home office, a mother-in-law suite, or a turnkey setup for trainers and equestrian enthusiasts who need onsite housing. A rare find in Erath County that's perfect for those who want the country lifestyle with built-in income potential or guest quarters. Schedule your showing today!

11755 W Fm 8, Stephenville

$1,199,000
4 Beds 2 Baths 21264281 MLS
Meticulously maintained acreage retreat with a true Texas Hill Country feel, gorgeous views in every direction, and 36.42 acres just outside Stephenville. Currently ag exempt per seller, this 4-bed, 2-bath all-electric home offers a blend of comfort, recreation, and functional country living, with convenient proximity to Tarleton State University and an easy drive to the Dallas-Fort Worth area. Inside, you’ll find hardwood and travertine floors, a wood-burning fireplace with leathered Italian marble hearth, and excellent storage with walk-in closets in every bedroom, two pantries, and ample closet space throughout. The remodeled kitchen features granite countertops, travertine backsplash, stainless steel appliances, double convection ovens, JennAir downdraft cooktop, refrigerator, dishwasher, and laundry sink. Both baths include double sinks; the primary bath offers a walk-in shower, while the hall bath has a tub-shower combo. Outdoor living is exceptional with an in-ground pool, waterfall feature, hot tub, patio areas, covered BBQ area, and poolside pavilion with electric for TV. The propane heater serves the pool and hot tub, making the space ideal for relaxing or entertaining. The land is a standout, with fenced pasture, pipe-fenced yard, outstanding landscaping, peaceful privacy, frequent deer sightings, a seasonal creek, and a fish-stocked tank that holds water year-round. Beautiful red oaks add to the setting and create gorgeous fall color. A livestock-ready barn includes an enclosed drive-through concrete area and hay storage, adding versatility for animals, equipment, hobbies, or projects. Additional highlights include a 9-zone yard sprinkler system, water softener, Class 4 impact-resistant roof, remodeled kitchen and baths, Lennox 16-SEER 4-ton HVAC components, 2025 electrical panel and breakers, and 2025 interior paint. From quiet mornings by the water to evenings by the pool, this polished country property is ready to enjoy.

1973 County Road 513, Stephenville

$524,900
5 Beds 4 Baths 21256345 MLS
Beautifully designed with space where it matters most, this 5-bedroom, 3.5-bath home offers one of the most functional floor plans you'll find in Stephenville. Sitting in a quiet cul-de-sac, this newer home combines style, quality craftsmanship, and the flexibility you are looking for. From the moment you step inside, you'll appreciate the open-concept layout featuring tall ceilings, beautiful tile flooring, granite countertops, custom knotty alder cabinetry, and a warm blend of traditional finishes with modern touches. At the center of the home, a stunning double-sided fireplace creates the perfect connection between the living room and the covered outdoor living area—making entertaining effortless year-round. The thoughtfully designed split-bedroom floor plan offers privacy for the primary suite while two secondary bedrooms share a convenient Jack-and-Jill bathroom. The primary suite has a LARGE DREAM CLOSET you would want to see!!! Upstairs offers even more flexibility with two additional bedrooms, a full bath, a large game room or second living area, plus a second utility room—ideal for busy households, guests, or multigenerational living. Step outside to a beautifully maintained backyard complete with mature fruit trees and a detached 12' x 12' climate-controlled building with electricity, water hookup, and a mini-split system. Whether you envision a private office, workout space, hobby room, or workshop, this bonus space offers endless possibilities. Located in one of Stephenville's desirable neighborhoods, this home delivers the rare combination of five bedrooms, multiple living spaces, quality finishes, and move-in-ready condition—all in a location you'll love. MAKE THIS YOUR HOME!!

130 Elk Cv, Stephenville

$950,000
21256983 MLS
MULTI-USE PROPERTY! This expansive 4.35 acre multi-use property located on US Highway 67 offers a multitude of possibilities for a new owner. Featuring a 2100 sq ft brick house with 3 bedrooms and 2 baths, a spacious open concept design, KitchenAid appliances, and a large master suite with a walk-in shower. The backyard has iron fencing, and a large, rock patio. The property also includes a 4600 sq ft metal building with six 10'-14' roll up doors and 50 amp electricity, a 3300 sq ft metal building with two 12' roll up doors and a second story for storage, and an 800 sq ft modular home with a metal covering for parking. With a commercial entrance and a residential entrance, this property is perfect for a variety of businesses or homesteads looking for a prime location with plenty of space and amenities. Seller would consider selling the shops without the house.

7517a Us Highway 67, Stephenville

$1,200,000
21254140 MLS
Positioned within the city limits of Stephenville, this 2.364-acre tract offers a rare opportunity for industrial development in a highly accessible and growing area. Fully cleared and ready for immediate use, the property provides a blank canvas for a wide range of commercial or industrial applications. Zoned for industrial use, the lot is well-suited for warehousing, manufacturing, distribution, or equipment storage. A key highlight is its direct railroad access, adding significant logistical value for businesses that rely on efficient freight transport and shipping capabilities. The entire perimeter is secured with full metal privacy fencing, offering both security and seclusion for operations, equipment, or inventory. With easy access to major roadways and close proximity to local infrastructure, this property combines convenience with functionality. Whether you’re expanding an existing operation or establishing a new industrial site, this strategically located acreage delivers the space, access, and zoning flexibility needed to support your vision.

1012 N Belknap St, Stephenville

$1,699,999
4 Beds 3 Baths 21255220 MLS
Roping, Racing & Riding - Stunning 10-acre Horse property features are extensive with tons of space on a quiet paved road – NO restrictions just outside of Stephenville! This spacious 3500+ sqft Smart-home has tons of room with 4 bed, 3 full baths, as been fully updated Top to Bottom – New Roof, Flooring, Kitchen, Fixtures, Appliances, Bathrooms, HVAC, Well, Septic and more! Featuring an open inviting floorplan, Kitchen with Double ovens perfect for all your baking desires. Breakfast Bar & Dining area overlooking the spacious Family and Game rooms with Rock Fireplace-Wood burning stove and the perfect views of the arena. The peaceful Master Bedroom retreat features an ensuite bath, extra deep Soaking tub, with Rock Shower & Dual Shower heads. 3rd bed-bath could be used as second primary or MIL suite. Large Office that comes with additional entry could be used as a 5th bedroom, Laundry & separate Mud room. Sit on the back porch overlooking the large backyard and Lake in the distance with a cup of coffee where you watch breathtaking sunrises and sunsets. Patio with separate deck gives you views of the Arena for miles to go, offering a built in Fire pit perfect for grilling under the stars. 2500gal Water Storage tank. Large 8 stall Horse barn has all the features - 2 large Tack-Feed rooms with Saddle Tree-Racks, Tie rack, Horse Walker, Turnout pen & Round pen. 100x200 Lighted Arena with spring loaded Calf Chute, Stripping Chutes, Catch pens, Return alley, Holding-Sorting pens, Roping boxes & Judges box, makes it perfect for hosting Play days or just good practice! Dairy barn used as Gym & separate Shop office with attached catch-sorting pens, larger holding pens & loafing sheds. Enclosed 40x40 shop with 2 rollup doors & 3 additional open bays perfect for storing your RV, trailers, & any other toys.

1766 County Road 424, Stephenville

$280,000
3 Beds 2 Baths 21247812 MLS
Turnkey investment opportunity in an established neighborhood just minutes from Tarleton State University. This 3-bedroom, 2-bath brick home is currently leased at $2,100 per month through May 31, 2027, offering immediate and reliable cash flow. The property features a durable brick exterior and a functional layout that appeals to long-term tenants, while its proximity to Tarleton State—an expanding Division I university with growing enrollment— supports strong and consistent rental demand. Located in a community with a small HOA that covers front lawn maintenance, this home offers added convenience and reduced upkeep, making it an attractive low-maintenance addition to any portfolio. A solid opportunity for investors seeking stable income, minimal maintenance, and long-term growth potential in a high-demand rental market.

1723 Sully Ct, Stephenville

$179,000
2 Beds 1 Baths 21247901 MLS
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.

632 N Ollie St, Stephenville

$450,000
6 Beds 2 Baths 21253345 MLS
Prime Multi-family investment opportunity! Two home bundle sitting on a combined .69 acre lot if replatted, and already zoned R-3. Unlock the perfect blend of steady cash flow and long-term development potential with this rare two home bundle! Both homes feature three bedrooms and 1 full bathroom, and are tenant occupied. Replat and build a multi-family complex while collecting rental income during the planning phase! You'll appreciate the solid location just minutes from the ever growing Tarleton State University. With increasing rental demand, you can rest assured your investment delivers versatility and value. Whether you're looking to expand your rental portfolio or break ground on your next development, you'll want to see this one. Schedule your showing today!

1425-1435 Groesbeck St, Stephenville

$310,000
3 Beds 2 Baths 21249983 MLS
Charming and well maintained 3 bedroom 2 bath home in Stephenville offering 1,242 square feet of functional living space on a spacious .265 acre lot with mature trees and a large backyard. This single story home features an open and inviting layout with two living areas, decorative lighting, and a mix of wood, laminate, and tile flooring throughout. The kitchen includes built in cabinetry, an island, and an eat in dining space that flows easily into the main living areas, making it ideal for everyday living or entertaining. The primary suite offers an ensuite bath with dual sinks and a separate shower, while the additional bedrooms provide flexibility for guests, office space, or additional family needs. Enjoy outdoor living with a covered front porch and back patio overlooking the oversized yard with plenty of room to relax or entertain. Conveniently located near Stephenville ISD schools, shopping, dining, and Tarleton State University.

845 N Ollie St, Stephenville

$539,000
4 Beds 3 Baths 21250844 MLS
Located just outside of Stephenville, enjoy the luxury of country living just minutes from town in this spacious 4 bedroom, 3 bath home offering 2,616 square feet and an abundance of built-ins for exceptional storage throughout. The inviting interior features a cozy wood burning fireplace, formal dining area, and a well equipped kitchen complete with double ovens, trash compactor, island, and breakfast area designed for both everyday living and entertaining. Recent exterior updates include new siding and fresh paint complemented by cedar shutters and cedar columns that enhance the home’s curb appeal. Situated on 3.17 acres, this property is perfectly set up for horse enthusiasts with two barns including a main barn featuring 6 stalls, 4 runs, automatic waterers, hay and feed storage, and additional pipe already in place for expansion, plus a second shed row barn with 2 stalls. A 40x60 insulated shop with four roll up doors provides excellent workspace or storage, while the old calf roping lane (needs to be redone) adds to the property’s functionality. With ample trailer parking and a circle drive for easy access and maneuverability, this is a rare opportunity to own a well equipped small acreage horse property in a prime location.

621 County Road 484, Stephenville

$365,000
6 Beds 2 Baths 21242182 MLS
Excellent investment opportunity in the heart of Stephenville, just minutes from Tarleton State University. This well-maintained duplex features two spacious units, each offering 3 bedrooms and 1 bathroom—an ideal layout for student housing. The property is currently 100% leased, providing immediate and stable cash flow. Unit A is leased at $1,500 per month through June 30, 2026, and Unit B is leased at $1,400 per month through July 31, 2026. Located in a high-demand rental area popular with Tarleton students, this property benefits from consistent occupancy and strong rental demand. Its proximity to campus, combined with functional floor plans and reliable tenancy, makes it a turnkey addition to any investor’s portfolio. Don’t miss this opportunity to own a performing asset in one of Stephenville’s most sought-after rental locations.

1391 N Paddock St, Stephenville

$724,999
6 Beds 5 Baths 21244496 MLS
Escape to the country on 6.186 acres in Stephenville, TX, featuring scattered mature trees, a gated entrance, and full pipe fencing, perfect for horses or livestock with a covered barn for storing hay and room to add multiple horse stalls! This meticulously designed 4 bedroom home offers tile floors throughout the lower level with the primary suite, laundry room and half bath downstairs and three additional bedrooms and a full bath upstairs as well as a flex space for a second living area or game room! Enjoy beautiful sunrises or sunsets and breathtaking views for miles from the second story covered back deck or the front balcony. The 1437sf attached garage is connected by a breezeway and offers incredible versatility featuring over 550sf of guest living quarters offering 2 bedrooms and a full bath upstairs, plus a half bath and laundry room below. The pull through garage provides ample space for boats, RVs, multiple vehicles, or even a game room style set up. Step outside to a covered porch off the back of the home with two restrooms already started, creating the perfect foundation for a future outdoor entertaining space or pool area. A rare blend of functionality, space, and scenic country living just minutes from Stephenville and in Morgan Mill ISD!

675 County Road 463, Stephenville

$240,000
3 Beds 2 Baths 21241635 MLS
This solid 3-bedroom, 2-bath brick home presents an excellent opportunity for investors or buyers seeking a property with strong potential and key updates already in place. With a durable brick exterior and practical layout, this home is built for long-term value and low maintenance. Inside, you’ll find a functional floor plan with a comfortable living area, a dedicated dining space, and a kitchen offering ample cabinet storage and workspace. The primary bedroom includes a private bath, while two additional bedrooms provide flexibility for tenants, guests, or a home office. Recent improvements—including a newer roof and updated AC unit—offer peace of mind and help reduce major upfront expenses, making this an even more attractive investment option. Currently leased through June 2027

209 Moonlight Trl, Stephenville

$15,600
21237510 MLS
Position your business for success with this impressive commercial warehouse opportunity in Stephenville. Conveniently located on the east side just off US Hwy 377, this property offers excellent accessibility and strong visibility. With over 18,000 square feet of flexible space, the layout can easily accommodate a variety of business operations. The front of the building features recently updated office space, providing a comfortable and functional area for administrative use. Designed with efficiency in mind, the property includes multiple semi-truck loading docks along the front, as well as five 12’ x 12’ roll-up doors for smooth and convenient access. Large warehouse spaces like this are hard to come by in Stephenville. If you’re looking for room to grow and a location that works as hard as you do, this is one to see. Reach out to schedule a tour and explore the potential for your business.

2014 N Us Highway 377, Stephenville

$516,000
4 Beds 2 Baths 21232813 MLS
Welcome home to 191 Crenshaw Court: a stunning 2022-built residence nestled along the Legends Golf Course in Stephenville, Texas. This beautifully designed 4-bedroom, 2-bathroom home offers 2,304 square feet of living space with modern finishes and an open-concept layout. The expansive open floor plan creates a natural flow perfect for both everyday living and entertaining, with generous natural light throughout. Step outside and enjoy the backing directly to the fairways of Legends Golf Course. Whether you're sipping morning coffee on the patio or unwinding after a round, the views speak for themselves. Additional highlights include an attached 2-car garage and the peace of mind that comes with newer construction. All of this in one of Erath County's communities, just minutes from Tarleton State University, local dining, and everything Stephenville has to offer. Don't miss your chance to own a slice of Texas golf course living and schedule your private showing today!

191 Crenshaw Ct, Stephenville

$1,795,000
18 Beds 10 Baths 21227447 MLS
Prime investment opportunity in Stephenville, the Cowboy Capital of the World and home to rodeo collegiate powerhouse, Tarleton State University. This **fully occupied, income-producing** property offers a rare mix of residential and equine amenities, including **10 apartments**, **8 RV hookups**, **20 horse stalls with runs**, **15 covered pens**, and **4 large traps**. A key highlight is the **on-site roping arena**, adding a distinctive value feature for tenants and equine users. Located **directly across from the popular 377 Arena**, the property benefits from strong visibility and immediate connection to Stephenville’s active horse community. With **Tarleton State University’s growing enrollment contributing to a local housing shortage**, this property presents meaningful upside potential for rent increases across both the apartments and equine facilities. An exceptional chance to invest in a high-demand asset with multiple income streams and future growth.

8441 County Road 176, Stephenville

$1,495,000
3 Beds 2 Baths 21231340 MLS
Nestled on 43 breathtaking acres, this stunning stucco ranch-style home offers 2,465 sq of thoughtfully designed living space, blending rustic charm with refined luxury. A long, private driveway framed by wooden fencing sets the tone for the peaceful country retreat that awaits. Step inside to a grand living area where soaring ceilings, exposed wood beams, & a striking floor-to-ceiling stone fireplace create a warm yet sophisticated gathering space. Large windows invite natural light & showcase the surrounding landscape, bringing the outdoors in. The kitchen is truly a chef’s dream, featuring a commercial grade gas cooktop, double oven, a wine fridge & an expansive center island perfect for entertaining. Custom cabinetry, abundant counter space & a spacious walk-in pantry with additional wine storage make this kitchen as functional as it is beautiful. The private master suite offers a luxurious escape, complete with a spa-like en-suite bath featuring dual vanities, a dedicated makeup area, an oversized tiled shower & a generous walk-in closet. A split-bedroom layout provides added privacy, with well-appointed guest bedrooms that each include walk-in closets & share a stylish hall bath. Outdoor living is just as impressive, with inviting front & back patio spaces ideal for relaxing or entertaining while overlooking the rolling acreage. The fully fenced backyard, enhanced by a stone retaining wall, offers both security & charm. Additional amenities elevate this property even further, including a workshop with electricity & roll-up doors, a 3000 gallon water storage tank, a generator connection switch for both the home & well house, & two RV hookups—perfect for guests or extended stays. The land itself is a true highlight, featuring lush pastures, mature trees, & two scenic tanks that add to the property’s natural beauty. Whether you’re seeking tranquility, functionality, or a place to entertain, this exceptional property delivers the ultimate country lifestyle.

25570 W Fm 1188, Stephenville

$265,000
3 Beds 2 Baths 21200235 MLS
Located in central Stephenville, this 3-bedroom, 2-bath home offers convenience, space, and versatility just minutes from the Stephenville Square and Tarleton State University. With 1,516 square feet of living space situated on a generous 0.360-acre lot, this property provides both comfort and room to enjoy. The home features an attached garage and a functional layout suited for a variety of lifestyles. Currently operating as a rental property, it presents an excellent opportunity for investors looking to expand their portfolio. Its close proximity to Tarleton State also makes it a great option for college students seeking off-campus living. The property is in close proximity to Central Elementary School and could also be ideal for families wanting quick access to local schools while enjoying the convenience of being near shopping, dining, and downtown Stephenville. Whether you're searching for an investment property, student housing, or a place to call home, this property offers location, flexibility, and potential.

582 W College St, Stephenville