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$365,000

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.

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

$395,000

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.

3 Beds ⋅ 2 Baths ⋅ 21241473 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 Ridge Dr, Stephenville

$240,000

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

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

$750,000

ATTENTION DEVELOPERS! This combined 1.1 acre CORNER lot zoned R-3 Multi Family is perfect for development. It is just 3 minutes to Tarleton State University and also just minutes to the city park, hike & bike trail as well as the local shops and restaurants. Now is the time to grab this prime piece of real estate on 1+ acres in town! 1270 W Hyman & 1290 W Hyman. Land only, house to be moved.

21225728 MLS

ATTENTION DEVELOPERS! This combined 1.1 acre CORNER lot zoned R-3 Multi Family is perfect for development. It is just 3 minutes to Tarleton State University and also just minutes to the city park, hike & bike trail as well as the local shops and restaurants. Now is the time to grab this prime piece of real estate on 1+ acres in town! 1270 W Hyman & 1290 W Hyman. Land only, house to be moved.

1290 W Hyman St, Stephenville

$140,000

Located near Tarleton State University, this 2-bedroom, 2-bath home offers strong potential for rental or value-add opportunity. Built in 1945, the property includes approximately 1,030 square feet of living space on a 7,492 square foot lot. The home features a functional layout, covered carport, and is situated in an established area with convenient access to shopping, dining, and campus amenities. Ideal for investors seeking a property with upside potential in a high-demand rental market. Property will be sold as is.

2 Beds ⋅ 2 Baths ⋅ 21229505 MLS

Located near Tarleton State University, this 2-bedroom, 2-bath home offers strong potential for rental or value-add opportunity. Built in 1945, the property includes approximately 1,030 square feet of living space on a 7,492 square foot lot. The home features a functional layout, covered carport, and is situated in an established area with convenient access to shopping, dining, and campus amenities. Ideal for investors seeking a property with upside potential in a high-demand rental market. Property will be sold as is.

1002 Dodge St, Stephenville

$999,900

* 2.0 Acre Multi-Family Development Site * 3-Street Frontage * Short Walk to TSU Location: 10-Minute Walk to Tarleton State University Campus Zoning: R3 (Single or Multi-Family Residential) Utilities: Electric, Water, and Sewer Services Available On-Site The Opportunity: Seize a rare, shovel-ready development opportunity in the heart of Stephenville, Texas. This prime 2.0 acre tract consists of four 0.5+or- acre lots, offering unparalleled flexibility for a high-density residential project. Positioned just blocks from Tarleton State, this is the premier location for student housing, an apartment complex, or a luxury townhome community. Strategic Advantages: Superior Accessibility: This is a rare opportunity with convenient street access on three sides, allowing for creative site plans, optimized parking layouts, and easy ingress-egress. High-Density Potential: Currently zoned R3, the land supports diverse construction possibilities from single-family homes to high-occupancy multi-family units. Infrastructure Ready: Save time and capital—Electric, City Water, and Sewer services are already available, significantly lowering your pre-development hurdles. Market Demand: Situated in one of Stephenville's most sought-after pockets, capturing the consistent demand for housing near the university. Whether you are looking to build a single residence multi-unit complex or a high-end residential enclave, the layout and size of this property allow for maximum creativity and ROI. Invest in Stephenville’s growth now! Contact us today for site details.

21222791 MLS

* 2.0 Acre Multi-Family Development Site * 3-Street Frontage * Short Walk to TSU Location: 10-Minute Walk to Tarleton State University Campus Zoning: R3 (Single or Multi-Family Residential) Utilities: Electric, Water, and Sewer Services Available On-Site The Opportunity: Seize a rare, shovel-ready development opportunity in the heart of Stephenville, Texas. This prime 2.0 acre tract consists of four 0.5+or- acre lots, offering unparalleled flexibility for a high-density residential project. Positioned just blocks from Tarleton State, this is the premier location for student housing, an apartment complex, or a luxury townhome community. Strategic Advantages: Superior Accessibility: This is a rare opportunity with convenient street access on three sides, allowing for creative site plans, optimized parking layouts, and easy ingress-egress. High-Density Potential: Currently zoned R3, the land supports diverse construction possibilities from single-family homes to high-occupancy multi-family units. Infrastructure Ready: Save time and capital—Electric, City Water, and Sewer services are already available, significantly lowering your pre-development hurdles. Market Demand: Situated in one of Stephenville's most sought-after pockets, capturing the consistent demand for housing near the university. Whether you are looking to build a single residence multi-unit complex or a high-end residential enclave, the layout and size of this property allow for maximum creativity and ROI. Invest in Stephenville’s growth now! Contact us today for site details.

955 N Ollie St, Stephenville

$789,900

Amazing 15.710 Acres located 2.2 miles out of the Cowboy Capital Stephenville, Texas. This versatile property has enormous potential and can be taken in any direction for any discipline. 135X190 Covered Arena has been engineered and designed for multiple apartments, washroom, tack room, horse walkers and anything else you can think of all under one roof. 20 GPM water well located just to the left of the Covered arena with 3 hydrants throughout the property. 3- 20X50 Horse sheds with tack and feed rooms attached on the end caps of each building. 52 foot pipe round pen to the west of the covered building, along with a 175X300 sanded pad perfect for the new roping arena install. Multiple build sites for a new home, under the covered arena or just on the property. This versatile horse property has ENDLESS POTENTIAL! Plenty of room for truck and trailer parking. This property offers a wide variety of possibilities, and can be finished with your personal touches to make it home. Conveniently close to Stephenville, 377, and 281, but far enough to have peace and serenity of country living.

21208853 MLS

Amazing 15.710 Acres located 2.2 miles out of the Cowboy Capital Stephenville, Texas. This versatile property has enormous potential and can be taken in any direction for any discipline. 135X190 Covered Arena has been engineered and designed for multiple apartments, washroom, tack room, horse walkers and anything else you can think of all under one roof. 20 GPM water well located just to the left of the Covered arena with 3 hydrants throughout the property. 3- 20X50 Horse sheds with tack and feed rooms attached on the end caps of each building. 52 foot pipe round pen to the west of the covered building, along with a 175X300 sanded pad perfect for the new roping arena install. Multiple build sites for a new home, under the covered arena or just on the property. This versatile horse property has ENDLESS POTENTIAL! Plenty of room for truck and trailer parking. This property offers a wide variety of possibilities, and can be finished with your personal touches to make it home. Conveniently close to Stephenville, 377, and 281, but far enough to have peace and serenity of country living.

1075 County Road 494, Stephenville

$589,000

10-acre horse property located just outside Stephenville, approximately 6.8 miles from downtown Stephenville and 5.2 miles from 377 Arena. The 3-bedroom, 2-bath brick home offers approximately 2,190 square feet with an open floor plan that includes two living areas anchored by a wood-burning fireplace, with the dining area located just off the kitchen. Flooring has been updated throughout the home, with brand new flooring in the bedrooms, and additional interior updates include fresh paint, new ceiling fans, updated door hardware, a remodeled hall bathroom, and a new dishwasher. The home also includes a large laundry room and a dedicated office space. A covered back patio overlooks the horse pasture and connects to a large fenced backyard, providing comfortable outdoor space for relaxing or entertaining. Horse improvements include a roughly 35x60 barn with four stalls with turnout into a pasture, along with a large tack and feed room running along one side of the barn and an additional storage area. Water lines, electricity, and lighting have been added, and a 16-foot covered area provides space for trailer or RV parking with a 30-amp plug. A roughly 120x200 open riding arena provides space for riding or training. The acreage is mostly flat with native grasses and a mix of cedar and hardwood trees, with more open pasture toward the back of the property. The property has direct frontage on FM 205 with a gravel drive providing access from the road. The home operates on well water and septic and features all-electric appliances, offering a rural setting while remaining convenient to Stephenville.

3 Beds ⋅ 2 Baths ⋅ 21206649 MLS

10-acre horse property located just outside Stephenville, approximately 6.8 miles from downtown Stephenville and 5.2 miles from 377 Arena. The 3-bedroom, 2-bath brick home offers approximately 2,190 square feet with an open floor plan that includes two living areas anchored by a wood-burning fireplace, with the dining area located just off the kitchen. Flooring has been updated throughout the home, with brand new flooring in the bedrooms, and additional interior updates include fresh paint, new ceiling fans, updated door hardware, a remodeled hall bathroom, and a new dishwasher. The home also includes a large laundry room and a dedicated office space. A covered back patio overlooks the horse pasture and connects to a large fenced backyard, providing comfortable outdoor space for relaxing or entertaining. Horse improvements include a roughly 35x60 barn with four stalls with turnout into a pasture, along with a large tack and feed room running along one side of the barn and an additional storage area. Water lines, electricity, and lighting have been added, and a 16-foot covered area provides space for trailer or RV parking with a 30-amp plug. A roughly 120x200 open riding arena provides space for riding or training. The acreage is mostly flat with native grasses and a mix of cedar and hardwood trees, with more open pasture toward the back of the property. The property has direct frontage on FM 205 with a gravel drive providing access from the road. The home operates on well water and septic and features all-electric appliances, offering a rural setting while remaining convenient to Stephenville.

10849 Fm 205, Stephenville

$445,000

Located just a short walk from Tarleton State University and near the Memorial Stadium, this well-maintained 3-bedroom, 2-bath home offers a rare opportunity in one of Stephenville’s most desirable areas. Homes on this street rarely come available, making this property a standout investment or personal residence. The home features two spacious living areas, providing plenty of room for relaxing or entertaining, along with a two-car garage for added convenience. The large backyard offers additional outdoor space to enjoy, making it ideal for gatherings, pets, or any other opportunity. Currently operating as a rental property, this home presents excellent income potential. Its unbeatable location near Tarleton State makes it perfect for continued rental use, a potential short-term rental such as an Airbnb, or comfortable everyday living close to campus and town amenities. Whether you're searching for a prime investment opportunity or a home in an unbeatable location, this property offers flexibility, strong rental appeal, and long-term value.

3 Beds ⋅ 2 Baths ⋅ 21200248 MLS

Located just a short walk from Tarleton State University and near the Memorial Stadium, this well-maintained 3-bedroom, 2-bath home offers a rare opportunity in one of Stephenville’s most desirable areas. Homes on this street rarely come available, making this property a standout investment or personal residence. The home features two spacious living areas, providing plenty of room for relaxing or entertaining, along with a two-car garage for added convenience. The large backyard offers additional outdoor space to enjoy, making it ideal for gatherings, pets, or any other opportunity. Currently operating as a rental property, this home presents excellent income potential. Its unbeatable location near Tarleton State makes it perfect for continued rental use, a potential short-term rental such as an Airbnb, or comfortable everyday living close to campus and town amenities. Whether you're searching for a prime investment opportunity or a home in an unbeatable location, this property offers flexibility, strong rental appeal, and long-term value.

980 N Harbin Dr, Stephenville

$475,000

Step into the charm of this beautifully preserved Victorian Art Deco treasure in the heart of Stephenville Texas, Erath County. This pristine historic home showcases lovingly maintained original details, from elegant, scrolled plaster ceilings and classic trim to antique doorknobs and rich hardwood floors that carry the character of the home throughout. The kitchen is thoughtfully arranged for efficient use, while the dining room features plush, textured walls that create an intimate, timeless atmosphere. A cozy office-den with a built-in desk and daybed offers flexibility as a potential fourth bedroom. Just off the living room, an additional bonus room provides the perfect spot for crafting, hobbies, or extra storage. The property also includes a charming two-story carriage garage and a remodeled studio cottage complete with its own kitchen, utility closet with washer and dryer, and full bathroom. The cottage is currently leased through September 30, 2026, offering immediate income potential. Set on a generous, beautifully landscaped lot, the grounds feature mature shade trees, a sprinkler system, two inviting outdoor patios, and a firepit ideal for gatherings. Freshly painted exterior adds to the home’s polished curb appeal. Located just blocks from the Stephenville Town Square, you’ll enjoy easy access to local shopping, restaurants, coffee shops, art galleries, the city park, Bosque River Trail, and Tarleton State University. Zoned Commercial B-3 Business Central District, this property offers both residential charm and business opportunity. Original documents trace its history back to 1891, making it a truly special piece of Stephenville’s past.

3 Beds ⋅ 2 Baths ⋅ 21194063 MLS

Step into the charm of this beautifully preserved Victorian Art Deco treasure in the heart of Stephenville Texas, Erath County. This pristine historic home showcases lovingly maintained original details, from elegant, scrolled plaster ceilings and classic trim to antique doorknobs and rich hardwood floors that carry the character of the home throughout. The kitchen is thoughtfully arranged for efficient use, while the dining room features plush, textured walls that create an intimate, timeless atmosphere. A cozy office-den with a built-in desk and daybed offers flexibility as a potential fourth bedroom. Just off the living room, an additional bonus room provides the perfect spot for crafting, hobbies, or extra storage. The property also includes a charming two-story carriage garage and a remodeled studio cottage complete with its own kitchen, utility closet with washer and dryer, and full bathroom. The cottage is currently leased through September 30, 2026, offering immediate income potential. Set on a generous, beautifully landscaped lot, the grounds feature mature shade trees, a sprinkler system, two inviting outdoor patios, and a firepit ideal for gatherings. Freshly painted exterior adds to the home’s polished curb appeal. Located just blocks from the Stephenville Town Square, you’ll enjoy easy access to local shopping, restaurants, coffee shops, art galleries, the city park, Bosque River Trail, and Tarleton State University. Zoned Commercial B-3 Business Central District, this property offers both residential charm and business opportunity. Original documents trace its history back to 1891, making it a truly special piece of Stephenville’s past.

330 E Mcneill St, Stephenville

$120,000

Build your dream home on this beautiful 4.45-acre corner lot in Sunrise Mountain Ranch. Located in a newer development just 15 minutes from Stephenville, this property offers the ideal balance of peaceful country living with convenient access to town. You'll appreciate the added security and privacy of a gated community, along with minimal restrictions that give you flexibility while protecting your investment. With electricity available and the land ready to build on with minimal clearing, you can start planning your custom home right away. Whether you're looking for wide-open space, scenic surroundings, or just a place to get away, this property checks all the boxes. Schedule a showing today!

21181942 MLS

Build your dream home on this beautiful 4.45-acre corner lot in Sunrise Mountain Ranch. Located in a newer development just 15 minutes from Stephenville, this property offers the ideal balance of peaceful country living with convenient access to town. You'll appreciate the added security and privacy of a gated community, along with minimal restrictions that give you flexibility while protecting your investment. With electricity available and the land ready to build on with minimal clearing, you can start planning your custom home right away. Whether you're looking for wide-open space, scenic surroundings, or just a place to get away, this property checks all the boxes. Schedule a showing today!

103 Adobe Hill Dr, Stephenville

$650,000

Three House Bundle with Prime Multi-Family potential! Unlock the perfect blend of steady cash flow and long-term development potential with this rare 3-house investment bundle! Each home features three bedrooms, one full bathroom, and is tenant occupied throughout the next year, offering immediate rental income from day one. Located on Groesbeck Street, 1425 and 1435 Groesbeck are already zoned for multi-family and sit on what could be a combined .68 acres if replatted. Replat and build a multi-family complex while collecting rental income during the planning phase. The third home completes this solid investment package in a growing area with increasing rental demand, and stable tenants. Whether you're looking to expand your rental portfolio or break ground on your next development, this package delivers versatility and value. Schedule your showing today!

9 Beds ⋅ 3 Baths ⋅ 21174858 MLS

Three House Bundle with Prime Multi-Family potential! Unlock the perfect blend of steady cash flow and long-term development potential with this rare 3-house investment bundle! Each home features three bedrooms, one full bathroom, and is tenant occupied throughout the next year, offering immediate rental income from day one. Located on Groesbeck Street, 1425 and 1435 Groesbeck are already zoned for multi-family and sit on what could be a combined .68 acres if replatted. Replat and build a multi-family complex while collecting rental income during the planning phase. The third home completes this solid investment package in a growing area with increasing rental demand, and stable tenants. Whether you're looking to expand your rental portfolio or break ground on your next development, this package delivers versatility and value. Schedule your showing today!

1425, 1435, 420 Groesbeck & Lillian, Stephenville

$1,100,000

Welcome to your dream home in Stephenville! This stunning property boasts a spacious open concept design with 5 bedrooms and 4 bathrooms, perfect for modern living. This, well kept, beautiful 2023 home sits on just over 3 acres of land, providing plenty of room for animals and outdoor activities. Step inside to discover an immaculate interior featuring a cozy wood-burning fireplace, elegant granite countertops, and high-end finishes throughout. The expansive living space includes a huge game room, ideal for entertaining friends and family. For those looking to expand their horizons, the property also includes a 60x120 sq ft shop, offering endless possibilities for a well-established business or the opportunity to start your own venture. Located just minutes from town, this property offers the perfect blend of tranquility and convenience. Whether you're looking for a peaceful retreat or a place to grow your business, this property has it all. Don't miss out on this rare opportunity to own a piece of paradise in Stephenville. Contact us today to schedule a viewing and make this dream home yours!

5 Beds ⋅ 5 Baths ⋅ 21153895 MLS

Welcome to your dream home in Stephenville! This stunning property boasts a spacious open concept design with 5 bedrooms and 4 bathrooms, perfect for modern living. This, well kept, beautiful 2023 home sits on just over 3 acres of land, providing plenty of room for animals and outdoor activities. Step inside to discover an immaculate interior featuring a cozy wood-burning fireplace, elegant granite countertops, and high-end finishes throughout. The expansive living space includes a huge game room, ideal for entertaining friends and family. For those looking to expand their horizons, the property also includes a 60x120 sq ft shop, offering endless possibilities for a well-established business or the opportunity to start your own venture. Located just minutes from town, this property offers the perfect blend of tranquility and convenience. Whether you're looking for a peaceful retreat or a place to grow your business, this property has it all. Don't miss out on this rare opportunity to own a piece of paradise in Stephenville. Contact us today to schedule a viewing and make this dream home yours!

1630 County Road 262, Stephenville

$6,000,000

LONE STAR ARENA IN STEPHENVILLE, TX WITH 135.43 ACRES OF PRIME COMMERCIAL PROPERTY FOR SALE!! With this multi-purpose arena & event center, that offers roughly 150,000 sq ft under roof, and another 57,000 +- sq ft covered area, and 2 entrances, the POSSIBILITIES ARE ENDLESS! Also known as Lone Star Arena, this commercial property is located in Stephenville, TX. Known for a City of Champions, Tarleton State University and is the home to many professional Cowboys and Cowgirls. A prime, convenient business location with highway frontage and traffic in a fast-growing community. The exceptional visibility from HWY 377 has allowed this commercial real estate to become a highly sought out event center (big & small) from all over the world! Seats close to 3,000 spectators. Some features include: 2 separate indoor arenas (under 1 roof), 7 renovated skyboxes, 110 RV hookups, 344 stalls, 8 big ass fans, plenty of parking, a Private Club and so much more! **ADDITIONAL OPTIONS TO PURCHASE - SEE LISTING AGENT

21143384 MLS

LONE STAR ARENA IN STEPHENVILLE, TX WITH 135.43 ACRES OF PRIME COMMERCIAL PROPERTY FOR SALE!! With this multi-purpose arena & event center, that offers roughly 150,000 sq ft under roof, and another 57,000 +- sq ft covered area, and 2 entrances, the POSSIBILITIES ARE ENDLESS! Also known as Lone Star Arena, this commercial property is located in Stephenville, TX. Known for a City of Champions, Tarleton State University and is the home to many professional Cowboys and Cowgirls. A prime, convenient business location with highway frontage and traffic in a fast-growing community. The exceptional visibility from HWY 377 has allowed this commercial real estate to become a highly sought out event center (big & small) from all over the world! Seats close to 3,000 spectators. Some features include: 2 separate indoor arenas (under 1 roof), 7 renovated skyboxes, 110 RV hookups, 344 stalls, 8 big ass fans, plenty of parking, a Private Club and so much more! **ADDITIONAL OPTIONS TO PURCHASE - SEE LISTING AGENT

4696-A N Hwy 377, Stephenville

$4,700,000

Welcome to the Cowboy Capital of the World! This PRIME COMMERCIAL PROPERTY FOR SALE IN ERATH COUNTY!!! With this multi-purpose arena & event center, that offers roughly 150,000 sq ft under roof, and another 57,000 +- sq ft covered area, and 2 entrances, the POSSIBILITIES ARE ENDLESS! Also known as Lone Star Arena, this commercial property is located in Stephenville, TX. Known for a City of Champions, Tarleton State University and is the home to many professional Cowboys and Cowgirls. A prime, convenient business location with highway frontage and traffic in a fast-growing community. The exceptional visibility from HWY 377 has allowed this commercial real estate to become a highly sought out event center (big & small) from all over the world! Seats close to 3,000 spectators. Some features include: 2 separate indoor arenas (under 1 roof), 7 renovated skyboxes, 110 RV hookups, 344 stalls, 8 big ass fans, plenty of parking, a Private Club and so much more! **MORE ACREAGE AVAILABLE **

21143386 MLS

Welcome to the Cowboy Capital of the World! This PRIME COMMERCIAL PROPERTY FOR SALE IN ERATH COUNTY!!! With this multi-purpose arena & event center, that offers roughly 150,000 sq ft under roof, and another 57,000 +- sq ft covered area, and 2 entrances, the POSSIBILITIES ARE ENDLESS! Also known as Lone Star Arena, this commercial property is located in Stephenville, TX. Known for a City of Champions, Tarleton State University and is the home to many professional Cowboys and Cowgirls. A prime, convenient business location with highway frontage and traffic in a fast-growing community. The exceptional visibility from HWY 377 has allowed this commercial real estate to become a highly sought out event center (big & small) from all over the world! Seats close to 3,000 spectators. Some features include: 2 separate indoor arenas (under 1 roof), 7 renovated skyboxes, 110 RV hookups, 344 stalls, 8 big ass fans, plenty of parking, a Private Club and so much more! **MORE ACREAGE AVAILABLE **

4696 N Us Highway 377, Stephenville

$6,750,000

THE WHOLE LONE STAR ARENA PACKAGE! 146.43 ACRES OF PRIME COMMERCIAL PROPERTY FOR SALE!!! This property comes with 146.43 acres and TWO houses! A Brick home, and apartment with an additional horse barn! The main living quarters is 2,540 sqft 3bd 2ba with 2 living areas. Other house is 1bd 1ba. You could live in the main house and rent the other one or use them both as an Airbnb! The possibilities are endless! Lone Star Arena, this commercial property is located in Stephenville, TX. Known for a City of Champions, Tarleton State University and is the home to many professional Cowboys and Cowgirls. The exceptional visibility from HWY 377 has allowed this commercial real estate to become a highly sought out event center (big & small) from all over the world! Seats close to 3,000 spectators. Some features include: 2 separate indoor arenas (under 1 roof), 7 renovated skyboxes, 110 RV hookups, 344 stalls, 8 big ass fans, plenty of parking, a Private Club and so much more! Income producing opportunity: Residential property currently has a lease until June 30, 2027

21143379 MLS

THE WHOLE LONE STAR ARENA PACKAGE! 146.43 ACRES OF PRIME COMMERCIAL PROPERTY FOR SALE!!! This property comes with 146.43 acres and TWO houses! A Brick home, and apartment with an additional horse barn! The main living quarters is 2,540 sqft 3bd 2ba with 2 living areas. Other house is 1bd 1ba. You could live in the main house and rent the other one or use them both as an Airbnb! The possibilities are endless! Lone Star Arena, this commercial property is located in Stephenville, TX. Known for a City of Champions, Tarleton State University and is the home to many professional Cowboys and Cowgirls. The exceptional visibility from HWY 377 has allowed this commercial real estate to become a highly sought out event center (big & small) from all over the world! Seats close to 3,000 spectators. Some features include: 2 separate indoor arenas (under 1 roof), 7 renovated skyboxes, 110 RV hookups, 344 stalls, 8 big ass fans, plenty of parking, a Private Club and so much more! Income producing opportunity: Residential property currently has a lease until June 30, 2027

4696-B N Hwy 377, Stephenville

$1,650,000

This unique 24.6+- acre property seamlessly blends custom living with top-tier equestrian amenities. The 2,900+- s ft home features four bedrooms, three bathrooms, and two spacious living areas, enhanced by custom oak doors and striking custom chandeliers throughout. Outdoor living is elevated with a pool, waterfall hot tub, and a covered rock outdoor cooking area, perfect for entertaining. An in-ground propane tank runs the grill, hot tub, and pool. Designed with horse owners in mind, the property includes four cross-fenced pastures, three ponds, three large turnout shelters, and two pipe water lots. The equestrian facilities are anchored by a 150 ft x 300 ft pipe arena with pens, a Priefert solar chute, adjustable head box, and a four horse programmable free flow panel walker. The 25 ft by 30 ft insulated, finished, and heated shop features shed-row style stalls (three total) and one pen, offering both functionality and convenience. A rare opportunity to own a well appointed home with thoughtfully designed facilities, ideal for seeking comfort, privacy, and performance in one impressive property.

4 Beds ⋅ 3 Baths ⋅ 21137302 MLS

This unique 24.6+- acre property seamlessly blends custom living with top-tier equestrian amenities. The 2,900+- s ft home features four bedrooms, three bathrooms, and two spacious living areas, enhanced by custom oak doors and striking custom chandeliers throughout. Outdoor living is elevated with a pool, waterfall hot tub, and a covered rock outdoor cooking area, perfect for entertaining. An in-ground propane tank runs the grill, hot tub, and pool. Designed with horse owners in mind, the property includes four cross-fenced pastures, three ponds, three large turnout shelters, and two pipe water lots. The equestrian facilities are anchored by a 150 ft x 300 ft pipe arena with pens, a Priefert solar chute, adjustable head box, and a four horse programmable free flow panel walker. The 25 ft by 30 ft insulated, finished, and heated shop features shed-row style stalls (three total) and one pen, offering both functionality and convenience. A rare opportunity to own a well appointed home with thoughtfully designed facilities, ideal for seeking comfort, privacy, and performance in one impressive property.

7690 County Road 417, Stephenville

$300,000

Escape to the country with this stunning 10.8 acre property just minutes from Stephenville. Featuring a beautiful mix of mature trees this tract offers privacy, shade and endless potential. The ground is excellent for building your dream home, running livestock or creating your private retreat. Enjoy the peace and quiet of rural living while still being close to town amenities, schools and shopping.

21126021 MLS

Escape to the country with this stunning 10.8 acre property just minutes from Stephenville. Featuring a beautiful mix of mature trees this tract offers privacy, shade and endless potential. The ground is excellent for building your dream home, running livestock or creating your private retreat. Enjoy the peace and quiet of rural living while still being close to town amenities, schools and shopping.

10015 Tract 1 S, Stephenville

$320,000

Escape to the country with this stunning 10.8 acre property just minutes from Stephenville. Featuring a beautiful mix of mature trees this tract offers privacy, shade and endless potential. The ground is excellent for building your dream home, running livestock or creating your private retreat. There was a brand new water well installed in 2024, also. Enjoy the peace and quiet of rural living while still being close to town amenities, schools and shopping.

21126025 MLS

Escape to the country with this stunning 10.8 acre property just minutes from Stephenville. Featuring a beautiful mix of mature trees this tract offers privacy, shade and endless potential. The ground is excellent for building your dream home, running livestock or creating your private retreat. There was a brand new water well installed in 2024, also. Enjoy the peace and quiet of rural living while still being close to town amenities, schools and shopping.

10015 Tract 2 S, Stephenville

$285,000

Come take a look at over 10 acres just minutes from Stephenville. Featuring beautiful mature oak trees and native cedars create a picturesque landscape with multiple potential build sites. The property is fully fenced with electricity on site including a 50 Amp Rv Hookup and water well, giving you a valuable head start on development. A 12x32 portable building provides space for tools, equipment, or supplies as you begin to make the land your own.

21116265 MLS

Come take a look at over 10 acres just minutes from Stephenville. Featuring beautiful mature oak trees and native cedars create a picturesque landscape with multiple potential build sites. The property is fully fenced with electricity on site including a 50 Amp Rv Hookup and water well, giving you a valuable head start on development. A 12x32 portable building provides space for tools, equipment, or supplies as you begin to make the land your own.

990 County Road 182, Stephenville

$748,990

Location!! Investors don't miss out on one of the few large lots left in good a locations inside the city limits! This 1.697 acre property (73,930sf) is ready to go for a great multi family condo style apartment complex. Architectural Plans, site work, Engineering and plat were all approved by the City and ready for permits. Seller has too many projects. Reduced as time has run out to build, buyer will need to resubmit to city. Stephenville is a special redevelopment district, Owner financing available to qualified buyer 35%dn 20yr balloon at 5% for 1yr Qualified buyers only, confidential agreement and accepted contract to receive information.

21114646 MLS

Location!! Investors don't miss out on one of the few large lots left in good a locations inside the city limits! This 1.697 acre property (73,930sf) is ready to go for a great multi family condo style apartment complex. Architectural Plans, site work, Engineering and plat were all approved by the City and ready for permits. Seller has too many projects. Reduced as time has run out to build, buyer will need to resubmit to city. Stephenville is a special redevelopment district, Owner financing available to qualified buyer 35%dn 20yr balloon at 5% for 1yr Qualified buyers only, confidential agreement and accepted contract to receive information.

900 A S Second Ave, Stephenville

$699,000

Rare find in Lingleville ISD! This versatile almost 30 acre property offers endless potential with an exceptionally strong well, full perimeter fencing, and multiple improvements already in place. The bottom land is coastal hayfield, it has a 40X80 three sided shop, and a former dairy barn that could easily be converted into horse stalls or equine facilities. A small home sits on the property and is ready for renovation, or this could be the perfect spot to build your home and add an arena! Located just off the main paved road through Lingleville, near Hwy 8 and off Hwy 219, this property combines convenience with country living. Close to churches and schools! Opportunities like this don't come around often!

21113240 MLS

Rare find in Lingleville ISD! This versatile almost 30 acre property offers endless potential with an exceptionally strong well, full perimeter fencing, and multiple improvements already in place. The bottom land is coastal hayfield, it has a 40X80 three sided shop, and a former dairy barn that could easily be converted into horse stalls or equine facilities. A small home sits on the property and is ready for renovation, or this could be the perfect spot to build your home and add an arena! Located just off the main paved road through Lingleville, near Hwy 8 and off Hwy 219, this property combines convenience with country living. Close to churches and schools! Opportunities like this don't come around often!

22598 N Fm 219, Stephenville

$175,000

Nestled a few miles outside of town, this older ranch-style home offers a cozy retreat on just under half an acre. The residence features two bedrooms and one and a half baths, providing comfortable living spaces with a touch of classic charm. Inside, you'll find two distinct living areas, perfect for both relaxation and entertaining. While the home is in need of some updates and TLC, it boasts great bones and a solid structure, offering a fantastic opportunity for customization and value appreciation. The layout offers flexibility for various activities, ensuring everyone has their own space to enjoy. The property's location balances the tranquility of rural living with convenient access to town amenities. This home presents a wonderful opportunity to embrace a simpler lifestyle in a peaceful setting. Thi

2 Beds ⋅ 2 Baths ⋅ 21098601 MLS

Nestled a few miles outside of town, this older ranch-style home offers a cozy retreat on just under half an acre. The residence features two bedrooms and one and a half baths, providing comfortable living spaces with a touch of classic charm. Inside, you'll find two distinct living areas, perfect for both relaxation and entertaining. While the home is in need of some updates and TLC, it boasts great bones and a solid structure, offering a fantastic opportunity for customization and value appreciation. The layout offers flexibility for various activities, ensuring everyone has their own space to enjoy. The property's location balances the tranquility of rural living with convenient access to town amenities. This home presents a wonderful opportunity to embrace a simpler lifestyle in a peaceful setting. Thi

7170 N State Highway 108, Stephenville

$336,000

WATER WELL INCLUDED! Come build your DREAM HOME in Trinity Ridge - Stephenville's new premier equine friendly community! This Property boasts stunning views and topography. Plenty of wildlife to sit on the porch and watch as the sun sets. Lot #1 is a stunning 8.971 acre tract and is ready to build on. Great soil for horses! More land available. Close to White Horse Christian Academy School and the 377 Arena! NO BRUSH CLEARING REQUIRED! HOA Maintenance will consist of primary road way maintenance.

21075073 MLS

WATER WELL INCLUDED! Come build your DREAM HOME in Trinity Ridge - Stephenville's new premier equine friendly community! This Property boasts stunning views and topography. Plenty of wildlife to sit on the porch and watch as the sun sets. Lot #1 is a stunning 8.971 acre tract and is ready to build on. Great soil for horses! More land available. Close to White Horse Christian Academy School and the 377 Arena! NO BRUSH CLEARING REQUIRED! HOA Maintenance will consist of primary road way maintenance.

1 Trinity Ridge Dr Unit 1, Stephenville

$620,000

Escape to the country with this stunning 21 acre property just minutes from Stephenville. Featuring a beautiful mix of mature trees this tract offers privacy, shade and endless potential. The ground is excellent for building your dream home, running livestock or creating your private retreat. There was a brand new water well installed in 2024, also. Enjoy the peace and quiet of rural living while still being close to town amenities, schools and shopping.

21054341 MLS

Escape to the country with this stunning 21 acre property just minutes from Stephenville. Featuring a beautiful mix of mature trees this tract offers privacy, shade and endless potential. The ground is excellent for building your dream home, running livestock or creating your private retreat. There was a brand new water well installed in 2024, also. Enjoy the peace and quiet of rural living while still being close to town amenities, schools and shopping.

10015 S Us-377, Stephenville

$365,000

Discover the perfect blend of modern updates and timeless features at 1407 Inglewood Dr. This well-maintained 1,632 sqft home offers three spacious bedrooms and two full bathrooms, ideal for comfortable family living. The heart of the home is the living room featuring a cozy wood burning fireplace, creating a warm and welcoming atmosphere for relaxing evenings. The kitchen features granite countertops, providing both style and durability for everyday cooking and entertaining. Recent upgrades include a new AC unit and hot water heater, both installed in 2024, ensuring year-round comfort and efficiency. Step outside to a private backyard oasis with a heated pool, complete with a secure fence and cover for safety and convenience. A two-car garage offers ample parking and storage space. Located in a quiet, convenient neighborhood, this home provides easy access to local amenities, schools, and shopping.

3 Beds ⋅ 2 Baths ⋅ 21050620 MLS

Discover the perfect blend of modern updates and timeless features at 1407 Inglewood Dr. This well-maintained 1,632 sqft home offers three spacious bedrooms and two full bathrooms, ideal for comfortable family living. The heart of the home is the living room featuring a cozy wood burning fireplace, creating a warm and welcoming atmosphere for relaxing evenings. The kitchen features granite countertops, providing both style and durability for everyday cooking and entertaining. Recent upgrades include a new AC unit and hot water heater, both installed in 2024, ensuring year-round comfort and efficiency. Step outside to a private backyard oasis with a heated pool, complete with a secure fence and cover for safety and convenience. A two-car garage offers ample parking and storage space. Located in a quiet, convenient neighborhood, this home provides easy access to local amenities, schools, and shopping.

1407 Inglewood Dr, Stephenville

$260,000

Charming 1940s Home with Modern Updates: This delightful 4-bedroom, 2-bath home offers a perfect blend of vintage charm and contemporary convenience. Boasting 1,256 sqft of living space, this home has been renovated to meet today's standards while retaining its original character. Set on a generous 0.459-acre lot on the outskirts of town, the property provides a peaceful retreat with ample space for outdoor activities and play. Inside, you'll find a thoughtfully updated interior with modern fixtures and finishes. The spacious layout includes four bedrooms, providing plenty of room for family and guests. With its blend of classic appeal and modern updates, this home is ready for you to move in and make it your own. This home would also make a great investment. Currently rented on a month to month basis.

4 Beds ⋅ 2 Baths ⋅ 21037697 MLS

Charming 1940s Home with Modern Updates: This delightful 4-bedroom, 2-bath home offers a perfect blend of vintage charm and contemporary convenience. Boasting 1,256 sqft of living space, this home has been renovated to meet today's standards while retaining its original character. Set on a generous 0.459-acre lot on the outskirts of town, the property provides a peaceful retreat with ample space for outdoor activities and play. Inside, you'll find a thoughtfully updated interior with modern fixtures and finishes. The spacious layout includes four bedrooms, providing plenty of room for family and guests. With its blend of classic appeal and modern updates, this home is ready for you to move in and make it your own. This home would also make a great investment. Currently rented on a month to month basis.

409 Morgan Mill Rd, Stephenville

$345,000

Nestled in a serene, in-town location, this expansive 5.367-acre parcel presents a unique opportunity to bring your vision to life. Zoned for single-family residential use, the property offers the perfect blend of privacy and convenience, with easy access to local amenities and services. The land has already been cleared, saving you significant time and expense in site preparation. This blank canvas is ready for your vision. Imagine waking up to the tranquility of nature, with ample space for outdoor activities, and relaxation. This property offers the freedom to design a lifestyle, weather for yourself or creating a subdivision for others to come in and enjoy.

21039719 MLS

Nestled in a serene, in-town location, this expansive 5.367-acre parcel presents a unique opportunity to bring your vision to life. Zoned for single-family residential use, the property offers the perfect blend of privacy and convenience, with easy access to local amenities and services. The land has already been cleared, saving you significant time and expense in site preparation. This blank canvas is ready for your vision. Imagine waking up to the tranquility of nature, with ample space for outdoor activities, and relaxation. This property offers the freedom to design a lifestyle, weather for yourself or creating a subdivision for others to come in and enjoy.

Tbd E Collins St, Stephenville

$525,000

Excellent opportunity to acquire a strategically located parcel zoned R3 Multifamily, just over one mile from Tarleton State University. This property offers strong potential for a 25–30 unit multifamily development, aligning with the high rental demand driven by student housing, faculty, and the growing local workforce. The site is positioned for investors and developers seeking a value-add project in a market with consistent occupancy rates and steady rental demand. With multifamily land in limited supply this close to campus, this tract represents a rare chance to capitalize on both location and zoning flexibility.

21037808 MLS

Excellent opportunity to acquire a strategically located parcel zoned R3 Multifamily, just over one mile from Tarleton State University. This property offers strong potential for a 25–30 unit multifamily development, aligning with the high rental demand driven by student housing, faculty, and the growing local workforce. The site is positioned for investors and developers seeking a value-add project in a market with consistent occupancy rates and steady rental demand. With multifamily land in limited supply this close to campus, this tract represents a rare chance to capitalize on both location and zoning flexibility.

00 Rosebud Dr, Stephenville

$4,000,000

Premier development opportunity at 3050 W Washington Street, one of the most visible and heavily traveled corridors in Stephenville, Texas. This exceptional 26+ acre tract boasts extensive frontage along Washington Street (US Highway 377), supported by some of the highest TxDOT traffic counts within city limits. Utilities are already on site, allowing for efficient and timely development. The property is currently zoned B-2, accommodating a wide range of high-demand commercial uses including retail, restaurants, hotels, banks, churches, medical, and service-oriented businesses. With strong visibility, easy access, and a central location, the site is ideally positioned for destination and daily-use development alike. Stephenville—known as the “Cowboy Capital of the World”—serves as the regional hub for Erath County and surrounding communities. Anchored by Tarleton State University, the city continues to experience sustained population growth, expanding enrollment, and increasing consumer demand. The local economy is diversified across education, healthcare, agriculture, and retail, making Stephenville a stable and attractive market for long-term investment. The rear portion of the property offers an additional value-add opportunity and would be well-suited for future residential development, subject to rezoning—creating potential for a mixed-use project in a growing corridor. This is a rare opportunity to secure a large-scale, high-visibility development site in one of North Central Texas’ most active and expanding markets.

21035008 MLS

Premier development opportunity at 3050 W Washington Street, one of the most visible and heavily traveled corridors in Stephenville, Texas. This exceptional 26+ acre tract boasts extensive frontage along Washington Street (US Highway 377), supported by some of the highest TxDOT traffic counts within city limits. Utilities are already on site, allowing for efficient and timely development. The property is currently zoned B-2, accommodating a wide range of high-demand commercial uses including retail, restaurants, hotels, banks, churches, medical, and service-oriented businesses. With strong visibility, easy access, and a central location, the site is ideally positioned for destination and daily-use development alike. Stephenville—known as the “Cowboy Capital of the World”—serves as the regional hub for Erath County and surrounding communities. Anchored by Tarleton State University, the city continues to experience sustained population growth, expanding enrollment, and increasing consumer demand. The local economy is diversified across education, healthcare, agriculture, and retail, making Stephenville a stable and attractive market for long-term investment. The rear portion of the property offers an additional value-add opportunity and would be well-suited for future residential development, subject to rezoning—creating potential for a mixed-use project in a growing corridor. This is a rare opportunity to secure a large-scale, high-visibility development site in one of North Central Texas’ most active and expanding markets.

3050 W Washington, Stephenville