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$1,500,000
21255386 MLS
Positioned within the city limits of Stephenville this 1.384-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. A portion of the property is fully 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.

1010 N Graham St, 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

$225,000
21230842 MLS
Centrally located between Stephenville, Weatherford, Mineral Wells, and Granbury, this property offers a great balance of accessibility and country living. Situated in a rural area made up of 10 to 20+ acre ranchettes, the surrounding properties commonly have cattle and horses, giving it that true Texas land feel without the restrictions of an HOA. The land has nice character with a mix of scattered trees and open space, mostly level terrain, and a gentle slope toward the back that allows for natural drainage. The soil is solid with some rock, providing a strong foundation for future building. Partially fenced and improved with a storage shed and container storage building that convey with property. Whether you're looking to build, invest, or enjoy a quiet piece of land, this property offers flexibility and long-term potential in a growing area. All information deemed reliable but not guaranteed. Buyer and buyer’s agent are responsible for verifying all details, including but not limited to restrictions, property lines, utilities, and any other due diligence items.

6665 County Road 132, 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

$1,995,000
21196003 MLS
Discover an exceptional investment opportunity with Star Lite Mobile Home Park, located on the outskirts of Stephenville, Texas. This established park sits on 4.2+ acres within city limits and features 23 mobile homes, along with a brick home. There are currently 12 occupied units. This provides a solid income base and room for revenue growth. The property also includes six vacant lots, presenting a unique opportunity to expand the park and increase occupancy. Zoned for retail and commercial business, the park offers flexibility for future development. City water and sewer services are in place, ensuring efficient operations. Star Lite's strategic location provides convenient access to Stephenville's amenities while offering a quieter, community-oriented environment. This mobile home park is an ideal investment for those seeking a stable income property with significant potential for expansion, renovations and value appreciation in a growing Texas market.

350 Morgan Mill Rd, Stephenville

$199,000
21204955 MLS
This 3-bedroom, 1-bath property is zoned B-2 commercial, making it a great opportunity for professional office use or investment property. The property offers the flexibility to serve a variety of business needs while still maintaining the comfort and character of a home. Inside, you'll find several updates, including fresh interior paint, granite countertops, stainless steel appliances, and refinished hardwood flooring. The home also features new luxury vinyl plank flooring, adding warmth and character throughout. The fully fenced backyard provides additional privacy, and you'll also appreciate the added security of a storm cellar on the property. With its commercial zoning, modern updates, and versatile potential, this property is well-suited for an office location, long-term rental investment, or a combination of both.

1102 Washington St, Stephenville

$110,000
21196518 MLS
Searching for the perfect place to build your dream home? Look no further. This beautiful homesite is located in a new and upcoming community just minutes from Stephenville and Glen Rose, and less than 1.5 hours from Fort Worth. Enjoy the quiet, peaceful atmosphere of country living while still being only 10 minutes from town — including Tarleton State University, Dinosaur Valley, local shopping, dining, and schools. This lot features views of stunning rolling hills, mature trees, paved roads, and plenty of space to bring your vision to life. The area is known for its natural beauty, peaceful surroundings, and local wildlife that frequently roam through the countryside, creating a relaxing and scenic environment. Whether you’re planning a custom home, barndominium, tiny home, or alternative build, the possibilities are here (some restrictions do apply — see CCRs for details). The community offers a picnic and park area within walking distance — perfect for enjoying quiet evenings, beautiful sunsets, and the serenity of nature as the neighborhood continues to develop. Electricity is available, and Mesa Vista Drive includes a secondary entrance for added convenience, with Lot 11 located just a short drive inside the community. Come experience the charm of peaceful country living and see why this could be the perfect place to call home.

Lot 11 Mesa Vista, Stephenville

$650,000
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

$499,900
3 Beds 2 Baths 21165938 MLS
Discover this beautifully updated modern home set on an oversized lot, offering the perfect blend of space, style, and functionality. This 3 bedroom, 2 bath residence has been thoughtfully renovated throughout with clean lines, contemporary finishes, and inviting layout designed for today’s lifestyle. The main living space is highlighted with vaulted ceilings, stylish fireplace, and cleverly designed hidden closet space that can serve as a small office or discreet Christmas tree closet and holiday storage. The light filled kitchen features high-end appliances, granite countertops, and custom storage cabinetry. In addition to the 3 spacious bedrooms, the home features a versatile bonus room—along with a dedicated workout area for convenient at-home fitness. The primary suite is private retreat with spa like features, including dual sinks, walk-in glass shower and custom designed closet. Ample storage space throughout the home ensures everything has its place, while the expansive acreage provides privacy, room to roam, and endless possibilities for outdoor living.

170 Brittain Cir, Stephenville

$175,000
21152946 MLS
This lot presents a compelling investment and development opportunity in a growing North Central Texas market. The property is currently zoned B-2 (General Retail & Commercial), allowing for a wide range of commercial uses including retail, office, and service-oriented businesses. Its location offers convenient access to major roadways, nearby businesses, and the broader Stephenville area, making it well-suited for owner-users or investors seeking commercial exposure. In addition to its existing commercial zoning, the property offers potential upside for future redevelopment. With the continued growth of Stephenville and increasing demand for housing, the site may be a candidate for rezoning to multifamily, subject to city approval.

811 N Miller, Stephenville

$385,000
3 Beds 2 Baths 21103882 MLS
IMPROVED & UPDATED! Escape to the peace and quiet of the country with this beautifully updated 3-bedroom, 2-bath farmhouse nestled on 3.6 private, tree-covered acres just outside Stephenville. Mostly remodeled, the home features an open-concept layout with spacious living and dining areas, stylish finishes throughout, and a standout kitchen equipped with a premium THOR gas range—perfect for serious home chefs. Outside, the property offers a peaceful setting with mature oaks, a picturesque pond, and a large backyard ideal for relaxing or entertaining. You'll also find a water well, garden areas, fruit trees, and a versatile well house that can serve as a workshop or additional storage. With nature all around, this charming retreat offers the perfect blend of country living and modern comfort just minutes from town.

688 Private Rd, Stephenville

$175,000
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

$1,285,000
4 Beds 5 Baths 21065118 MLS
Custom-built luxury home showcases timeless craftsmanship and refined living in the desirable Timber Creek Estates in Stephenville, Texas. Double iron entry doors open to a light-filled interior with soaring ceilings, hand-scraped hardwood floors, custom trim, and beautiful views of the pool and backyard. With 4 bedrooms and 3.5 bathrooms, this home offers more than enough space to live or welcome guests. The primary suite is a peaceful retreat, featuring dual walk-in closets, separate vanities, travertine flooring, deep jetted tub, and a spa-inspired glass shower with dual showerheads. Two additional bedrooms share a bathroom with separate vanities, while the upstairs offers a private bedroom, full bath, living area, and a versatile landing with a door entry to reinforced attic storage. The large kitchen features 6 gas stove top burners, 3 ovens, built-in refrigerator, ice maker, granite surfaces, and opens to a breakfast nook overlooking the sparkling pool. A formal dining room and office - possible 5th bedroom - provide flexible spaces for entertaining and work. Outdoors, enjoy a resort-style backyard: chlorine pool with waterfalls, hot tub, outdoor kitchen, shower, bathroom, and fireplace which works as gas or wood-burning. The pool house offers central air and heat and its own water heater and septic – perfectly planned for a future separate living quarters. Set on 2 acres of fully irrigated Tiff Tuff Bermuda grass, the property is enclosed by a custom privacy fence; and features a 3HP variable-speed water well pump, highly-rated fiberglass asphalt luxury shingle, and outdoor sound system. From celebrating life's moments together to peaceful evenings by the fire or pool, this property blends elegance, comfort, and amenities for a one-of-kind place to call home. Construction completed in May 2016. Ask agent about the full amenities list, architectural plans, and foundation engineering plans.

915 Timber Creek Dr, Stephenville

$260,000
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

$151,900
2 Beds 1 Baths 21009418 MLS
Cute, Remodeled 2 bedroom 1 bath. Great location only a few blocks to Hook an TSU off Frey. You will love the large fenced backyard, Room for pets or firepit entertaining, it has several big shade trees. In 9.23 it was completely remodeled and painted inside and out w new texture and sheetrock where needed. Plus all new windows, Kitchen has new luxury plank floors, cabinets, and butcher block countertops. Bath has remodeled tile tub shower combo, vanity, floor. It has updated ceiling fans, window units in Living an bedrooms, all rooms are large w 10' ceilings. extra lg Utility w full size washer dryer area w hanging area, it could also be a, office, or guest room. Perfect for students or first time home buyer. Foundation was originally repaired 2005 and whenever it was needed due to water leaks, drought etc. $1K repair allowance for spot foundation repair with acceptable offer. Neighborhood is nice w Air B&B's and student renters. At the current rates this home would rent for minimum $1200@mo. MOTIVATED SELLER. ALL OFFERS CONSIDERED

1020 N Clinton St, Stephenville

$785,000
20935585 MLS
Investors welcome! This beautiful hotel, located on a corner LOT, only half block from Tarleton State University is an asset gain in itslef and with a TURN KEY Boutique Hotel, featuring four rentable short term suites. The Gallery House Boutique Hotel, opened for business in September, 2020 and has been well received for six years running! This Craftsman Home, built in 1895, took two years to restore and convert into a Hotel. Located half block from TSU and with room to expand. Featuring four private rentable rooms, elegantly designed and all with modern conveniences. Zoned Mini splits in every room, smart T.V., microwave, mini fridge, custom showers, hardwood floors throughout. Hotel features 10 foot ceilings with re-claimed vintage stamped tin in all three downstairs KING rooms, each with a different design. Five original fireplaces, Commercial gas tankless water heater, externally mounted, along with professional water softner system which protect fixtures, shower doors and appliances. Grounds include, a detached office studio with private bath and zoned heating and air, custom rock patios, sidewalks, courtyards and native landscaping. An asphalt parking lot with an ADA concrete slap provides safe parking off the street, with a designated Entrance and Exit. An ADA cement ramp with railing, plus steps from parking lot lead guest to our beautiful wrap around porch to access Hotel. Property has room to build Phase II if desired, which would include the addition of three rental units on one foundation. Sewer tap in place and parking lot built with 14 spaces to accomodate future expansion. The Gallery House has excellent reviews, repeat guest, local business, corporate travel, sub-contractors and transient weekend buisness. The Gallery House has an establised website capturing majority of reservations. Walking distance to TSU, Historic Downtown, and Hospital district. Property is an asset gain as Tarleton State University grows expenditually in all directions.

1092 W Tarleton St, Stephenville

$2,200,000
20934642 MLS
Discover an exceptional investment opportunity with this expansive 24.8-acre parcel, ideally situated within the city limits. This unique property boasts the rare advantage of being bordered by the ever so popular Bosque River Walking Trail, offering a blend of natural beauty and urban convenience. Zoned B-3 Central Business, the land presents a wide array of development possibilities, limited only by your imagination. The location is perfect for constructing high-density apartments to meet the growing demands, or you could develop a housing community that attracts residents. With direct access to the walking trail and the river, future residents will enjoy outdoor activities right at their doorstep, enhancing the property's appeal and value. Investing in this property means capitalizing on a prime location with flexible zoning, promising substantial returns. The combination of natural amenities, accessibility, and central business zoning makes this an unparalleled opportunity to shape a significant part of the city's future. Don't miss out on the chance to transform this land into a thriving residential or commercial hub.

600 E Crow St, Stephenville

$2,200,000
20918065 MLS
Discover an exceptional investment opportunity with this expansive 24.8-acre parcel, ideally situated within the city limits. This unique property boasts the rare advantage of being bordered by the ever so popular Bosque River Walking Trail, offering a blend of natural beauty and urban convenience. Zoned B-3 Central Business, the land presents a wide array of development possibilities, limited only by your imagination. The location is perfect for constructing high-density apartments to meet the growing demands, or you could develop a housing community that attracts residents. With direct access to the walking trail and the river, future residents will enjoy outdoor activities right at their doorstep, enhancing the property's appeal and value. Investing in this property means capitalizing on a prime location with flexible zoning, promising substantial returns. The combination of natural amenities, accessibility, and central business zoning makes this an unparalleled opportunity to shape a significant part of the city's future. Don't miss out on the chance to transform this land into a thriving residential or commercial hub.

600 Crow St, Stephenville