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3035 County Road 162, Stephenville
$1,980,000
3 Beds ⋅ 2 Baths ⋅ 21306557 MLS
Nestled in the highly sought-after Morgan Mill area, this exceptional 112-acre ranch offers premier hunting, outstanding improvements, and year-round enjoyment just 90 minutes from the Dallas-Fort Worth Metroplex. Located in one of Erath County’s most proven whitetail regions, this property has produced trophy-class deer, including bucks exceeding 160 inches harvested right on the ranch. The land is highlighted by more than a mile of the North Paluxy River, creating a scenic setting while providing outstanding wildlife habitat. Towering hardwoods line the creek bottom, offering excellent cover and travel corridors for deer, turkey, and other native wildlife. The diverse landscape includes two established food plots, a productive hay meadow, hardwood-lined creek bottoms, and approximately 150 feet of elevation change. The rolling topography provides stunning views, excellent habitat diversity, and multiple hunting opportunities across the property. A remodeled three-bedroom, two-bath home, featuring modern finishes, and comfortable living spaces ideal for a full-time residence or weekend getaway. Nearby, a newly constructed 3,500-square-foot shop provides ample room for equipment, vehicles, ranch operations, and recreational storage. Guests and family members will appreciate the private one bedroom, one bath apartment, offering comfortable accommodations. The outdoor kitchen and lounge area create the perfect setting for entertaining, whether hosting family gatherings, hunting weekends, or relaxing evenings overlooking the ranch. Recreational amenities include a dedicated driving and chipping range along with a manicured putting green, allowing you to enjoy a round of practice without ever leaving the ranch. Whether you're searching for a premier hunting ranch, a weekend retreat, or a legacy property to enjoy for generations, this Morgan Mill ranch offers a rare combination of natural beauty, recreation, and first-class improvements.

3035 County Road 162, Stephenville

27475-1 N Us-281, Stephenville
$1,950,000
3 Beds ⋅ 2 Baths ⋅ 21291836 MLS
Approximately 36 acres with a custom Texas country home on US Highway 281, fourteen miles north of Stephenville in Erath County. Part of a legacy ranch carved from the historic Jordan Ranch and held in single-family ownership for the past twenty-eight years. The 2,040 square foot home was built in 2011 by David Taylor Construction in Hill Country ranch style. Stone exterior, standing seam metal roof, slab, 2x6 walls with urethane foam. Three bedrooms, two baths, primary on the first level. Hand-scraped mesquite floors on the second level. Custom mesquite and knotty alder doors. Hand-forged iron stair banisters from a Colorado artisan. Dry-stack stone wood-burning fireplace. The kitchen has quartz counters, commercial range and vent, built-in gas appliances, custom cabinetry, and a walk-in pantry. A 1,744 square foot wraparound porch catches views in every direction. The land has US Highway 281 frontage with a gated entrance. Elevation rises from 1,090 to 1,260 feet with panoramic views. Mature live oak and hardwood timber surrounds cleared pasture around the homesite. A seasonal creek runs through the property. One working well, 12+ GPM. Two stock tanks. Whitetail deer, Rio Grande turkey, and dove are seen regularly on the property. Systems: well water with filtration, tankless water heater, septic, 500-gallon in-ground propane, co-op electric, central HVAC. Fiber and Starlink available. Outbuildings: 120 sqft combined wellhouse and storage (2010), 30 by 30 porte cochère built in 2024 with 225 sqft of upstairs storage, 1,248 sqft slab for a future barn (2021). Active agricultural exemption. No HOA. The Dallas Fort Worth Metroplex is approximately ninety minutes east. Schools are Morgan Mill ISD and Stephenville High School. This home is part of a 319 acre legacy property offered three ways. The full 319 acres is available together with the home, or the surrounding 283 acres of land is available separately. For full info visit kdranch.info.

27475-1 N Us-281, Stephenville

27475 N Us-281, Stephenville
$4,921,700
3 Beds ⋅ 2 Baths ⋅ 21291791 MLS
Land like this rarely comes to market in Erath County. Twenty-eight years of careful stewardship. Ready to be passed on. ±319.44 contiguous acres on US Highway 281 in Erath County, fourteen miles north of Stephenville and ninety minutes from the Dallas Fort Worth Metroplex. A legacy ranch carved from the historic Jordan Ranch and held by one family for twenty-eight years. 1,570 feet of US Highway 281 frontage with two gated entrances. Elevation rises from 1,090 to 1,260 feet with panoramic views in every direction. Forty-two acres of cleared pasture in Coastal Bermuda and bluestem opens through heavy live oak, post oak, and mesquite timber. A seasonal creek runs through the property. The stretch of 281 in front is locally known as Jordan Hill. The ridge above is Buck Ridge, named for what comes off it. Two water wells, each 12+ GPM. Three stock tanks, including a spring-fed main. Whitetail deer, Rio Grande turkey, dove, coyotes, and bobcats. Very low hunting pressure for five years. Two bow stands, one box blind, three feeders in place. Custom 2,040 sqft home built 2011 by David Taylor Construction. Hill Country ranch style. Stone exterior, standing seam metal roof, slab, 2x6 walls with urethane foam. Three bedrooms, two baths. Mesquite floors on the second level. Custom mesquite and knotty alder doors. Hand-forged iron stair banisters from a Colorado artisan. Dry-stack stone fireplace. Kitchen: quartz counters, custom cabinetry, commercial range, gas appliances, island, walk-in pantry. 1,744 sqft wraparound porch. Systems: well water with filtration, septic, tankless water heater, 500-gallon in-ground propane, United Cooperative electric. Fiber and Starlink available. Outbuildings: 120 sqft wellhouse (2010), 30 by 30 porte cochère (2024) with 225 sqft of unfinished storage above, 1,248 sqft barn slab (2021). Active agricultural exemption. No HOA, no subdivision, no restrictions. Morgan Mill ISD and Stephenville High School.

27475 N Us-281, Stephenville

719 Private Road 897, Stephenville
$650,000
4 Beds ⋅ 4 Baths ⋅ 21245427 MLS
Located about 6 miles from Stephenville down Hwy. 108 in Huckabay ISD, sits this pretty and spacious home on 4.2 fenced and cross-fenced acres. The private road known as Sherwood Forest enhances peace of mind with one entrance and exit exclusive to you and your neighbors. The brick home is just over 3,200 sf, 4 bedrooms, 3.5 bathrooms, 2-car garage, laundry room complete with sink and storage, eat-in kitchen, large living room with wood-burning fireplace, rear climate-controlled sun room, flexible office or formal dining room space, new LVP flooring throughout common areas and bedrooms, fresh paint on walls, ceilings, doors, and trim, new roof, 2 HVAC units, water softener, RV hook-up, 1,200 sf workshop-barn with electricity, gated entrance, circle drive, no HOA, and horses are welcome. The workshop-barn provides the ideal space for projects, equipment storage, hobbies, or operating a home-based business. With 4 acres of usable land, there's ample space for horses, livestock projects, or simply enjoying the rural lifestyle that makes this area so attractive. The functional floor plan and short distance to town make this a desirable property!

719 Private Road 897, Stephenville

1015 County Road 134, Stephenville
$1,399,900
3 Beds ⋅ 3 Baths ⋅ 21289998 MLS
Escape to your own private Texas retreat on 39+ fully fenced acres, conveniently located and accessed by a paved driveway lined with beautiful mature trees. At the heart of the property sits a spacious 2,822 sf 3 bed, 2.5 bath brick home featuring an open-concept design and a desirable split-bedroom floor plan. The open-concept living room, dining area, and kitchen create the perfect gathering space for family and friends. A large kitchen island and beautiful wood-burning fireplace serve as focal points, making this area truly the heart of the home. The home's comfortable layout is ideal for both everyday living and entertaining, with large windows to showcase the surrounding natural beauty. Step outside to the back patio and enjoy peaceful views of one of two ponds, including a spring-fed pond that maintains water year-round. The property's amazing landscape and abundant wildlife, create a truly serene setting for outdoor enthusiasts and nature lovers alike. Adding even more versatility and value is a 2,625-square-foot guest quarters and shop combination. Thoughtfully designed, the guest living space includes one bedroom, one bathroom, a full kitchen, washer and dryer, with modern finishes throughout. The attached shop offers one insulated bay and one uninsulated bay with a roll-up door, making it ideal for equipment storage, or hobbies. One of the property's most remarkable features is its sustainable water system. Two natural springs supply water to both homes, supplemented by a reverse osmosis filtration system and a rainwater collection system, providing clean, reliable, and efficient water sources rarely found on properties of this caliber. Whether you're seeking a full-time residence, recreational ranch, multi-generational living arrangement, or weekend getaway, this exceptional property offers the perfect blend of comfort, functionality, water features, wildlife, and natural beauty.

1015 County Road 134, Stephenville

435 Cattle Dr, Stephenville
$750,000
4 Beds ⋅ 3 Baths ⋅ 21285900 MLS
YOU CAN BRING YOUR HORSES! UPDATED RESTRICTIONS. Welcome to your dream home where luxury meets wide-open Texas skies in the Heart of the Cowboy Capital. 2023 Custom built Kilgore Home on 6.79 Acres in the prestigious Diamond C Ranch Estates Phase 3. 4 bedrooms and an office or 5 bedrooms, 2 and half bath home offers the perfect blend of upscale living and peaceful country charm. Step inside to an open, airy layout designed for both comfort and style. Soaring 9-foot ceilings and abundant natural light highlight the spacious floor plan, while granite countertops and custom cabinetry elevate the kitchen and bathrooms. Some home features include an oversized kitchen island with bar seating for six and a massive pantry. Primary bedroom suite boasts walk in shower with rain shower head, double vanity, huge closet open to the laundry room. Whether you’re entertaining guests on the porch enjoying the outdoor kitchen or a quiet evening in, every detail of this home has been thoughtfully designed for modern living. With plenty of room to roam—inside and out—this property is ideal for those seeking privacy and space in a serene setting. Bring your horse, build a shop, or simply sit on the porch and take in the views. Don’t miss this rare opportunity to own a slice of refined country living.

435 Cattle Dr, Stephenville

510 Spring Meadow St, Stephenville
$350,000
3 Beds ⋅ 2 Baths ⋅ 21280525 MLS
Beautifully maintained 3 bedroom, 2 bath home with a 2-car garage offering 1,824 sq ft of comfortable living space in a highly desirable location close to Tarleton State University. This inviting open-concept floor plan is perfect for both everyday living and entertaining, featuring a spacious living area with a cozy fireplace, abundant natural light, and attractive wood flooring throughout much of the home. The updated kitchen offers modern touches, ample cabinet and counter space, and flows seamlessly into the dining and living areas. Thoughtful details such as crown molding and a skylight add warmth and character throughout the home. The private primary suite provides a relaxing retreat, while the additional bedrooms offer flexibility for guests, family, or a home office. Outside, you’ll enjoy a covered patio overlooking a shaded backyard filled with large mature trees, creating a peaceful outdoor setting. A large shop in the backyard provides excellent space for hobbies, storage, or projects. With several updates completed inside and out, this move-in ready home combines comfort, charm, and convenience in one great package. Don’t miss the opportunity to own this wonderful property in a prime location!

510 Spring Meadow St, Stephenville

940 Elk Rdg Dr, Stephenville
$395,000
3 Beds ⋅ 2 Baths ⋅ 21276659 MLS
Tucked away in the desirable Elk Ridge neighborhood of Stephenville, this charming 3-bedroom, 2-bath home offers the perfect blend of comfort, space, and everyday functionality. From the moment you arrive, you’ll appreciate the inviting curb appeal and well-maintained surroundings that make this property truly stand out. Inside, the home features a thoughtfully designed layout with a spacious living area that flows seamlessly into the dining and kitchen spaces—ideal for both relaxing evenings and entertaining guests. The kitchen offers ample cabinetry and workspace, making meal prep both easy and enjoyable. The primary suite provides a peaceful retreat with its own private bath, while two additional bedrooms offer flexibility for family, guests, or a home office. Step outside to discover one of the home’s standout features—a large backyard perfect for outdoor living. Whether you’re hosting weekend barbecues or simply enjoying a quiet Texas evening, the expansive patio creates the ideal setting for gathering and unwinding. House is currently leased until June 2027.

940 Elk Rdg Dr, Stephenville

209 Moonlight- Trl, Stephenville
$240,000
3 Beds ⋅ 2 Baths ⋅ 21276346 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

892 W Vanderbilt, Stephenville
$665,000
8 Beds ⋅ 8 Baths ⋅ 21270771 MLS
Perfectly positioned just three blocks from Tarleton State University, this attractive quadruplex offers a prime investment opportunity in the rapidly growing market of Stephenville. With continued expansion surrounding the university and strong tenant demand, this property is well-suited for investors seeking stable income potential and long term growth. Some of the units have been updated with granite countertops, luxury vinyl plank flooring and tile. Very functional 2 bedroom, 2 bath layouts designed to meet the needs of today’s renters. Each unit offers comfortable living spaces along with dedicated tenant parking, while the complex as a whole provides a total of 8 bedrooms and 8 bathrooms. Conveniently located near campus, shopping, dining, and local amenities, this turnkey multifamily property combines an excellent location with lasting investment appeal. Whether you are adding to an existing portfolio or entering the multifamily market, this is an opportunity worth considering. Buyer and buyer’s agent to verify all information.

892 W Vanderbilt, Stephenville

852 W Vanderbilt, Stephenville
$665,000
8 Beds ⋅ 8 Baths ⋅ 21270740 MLS
Ideally located just three blocks from Tarleton State University, this well maintained quadruplex presents an outstanding investment opportunity in one of the fastest growing college markets in Texas. With strong rental demand driven by the university and the continued growth of Stephenville, this property offers both immediate income potential and long term upside. Some units have been thoughtfully updated with granite countertops and durable luxury vinyl plank flooring and tile. Each unit features a spacious 2 bedroom, 2 bath floor plan designed for comfortable everyday living. The property includes a total of 8 bedrooms and 8 bathrooms, along with dedicated parking for tenants, creating added convenience and appeal. Whether you are expanding your investment portfolio or securing your first multifamily asset, this turnkey property combines location, functionality, and steady rental potential in a highly desirable area near campus, dining, and local amenities. Buyer and buyer’s agent to verify all information.

852 W Vanderbilt, Stephenville

10184 S Us Highway 281, Stephenville
$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

10184 S Us Highwy 281 Unit A, 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

965 County Road 223, Stephenville
$1,399,000
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, and could be changed into a horse barn, 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

1450 Lincoln Dr, Stephenville
$950,000
11 Beds ⋅ 6 Baths ⋅ 21266459 MLS
CASH FLOW TODAY, EXPANSION TOMORROW!!! 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

1973 County Road 513, Stephenville
$1,099,999
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

7517a Us Highway 67, 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

1012 N Belknap St, 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

1766 County Road 424, Stephenville
$1,575,000
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

1723 Sully Ct, 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

632 N Ollie St, 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

1425-1435 Groesbeck St, Stephenville
$399,000
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

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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