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$1,299,000
3 Beds 2 Baths 21274022 MLS
Professional Photos Coming Soon! Nestled among the rolling hills of Bluff Dale this 65 acre ranch Blanketed in native grasses rich sandy loam, this property is truly turnkey for horse and cattle operation of your dreams. The 3 bedroom 2 bath farmhouse anchors the land with warmth and character. It has been a weekend retreat with upgrades. Three water wells two livestock tanks. Beautiful oak trees and views from the top where you can build your dream house, as the electric and water are installed. Perimeter fencing with cattle guards in place. Electricity running throughout the property. Great pasture with very little wear from livestock, creates a healthy environment that produces lush grasses year after year. Contact us today to schedule your private showing.

12152 County Road 156, Bluff Dale

$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

$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

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

10184 S Us Highway 281, Stephenville

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

10184 S Us Highwy 281 Unit A, Stephenville

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

965 County Road 223, Stephenville

$950,000
11 Beds 6 Baths 21266459 MLS
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

$415,000
4 Beds 2 Baths 21258675 MLS
Welcome to your slice of Texas Spirit. Situated just outside the Cowboy Capital of the World, this beautiful Stephenville estate offers the perfect blend of cozy residential living with big mature shade trees and functional agricultural space. Discover the financial flexibility with this unique property featuring a well-maintained duplex-style residence, offering two complete living units, each with two bedrooms and one bathroom. Whether you’re looking for a dedicated guest house, a space for extended family, or a high-demand rental in the Cowboy Capital of the World, this layout delivers. Set on a little over three acres, the property is fully equipped for rural life with a large multi-stall barn, workshop, and fenced pastures. The duplex design is ideal for those seeking a private home office, a mother-in-law suite, or a turnkey setup for trainers and equestrian enthusiasts who need onsite housing. A rare find in Erath County that's perfect for those who want the country lifestyle with built-in income potential or guest quarters. Schedule your showing today!

11755 W Fm 8, Stephenville

$3,450,000
4 Beds 3 Baths 21261800 MLS
Rare Multi-Housing Ranchette on 80 Acres – 6085 County Road 146, Lipan, Texas 76462 This hard-to-find property has it all for the horseman, cattleman, or outdoorsman seeking seclusion. This beautiful hill country style custom home, tucked off the country road through a field of oak trees, overlooks a 30-acre coastal bermuda field. The adjacent 10-acre property is included with this listing and includes a newly remodeled 2 bedroom, 2 bath home and bungalow. The ranch features elevated new pipe fencing throughout for durability and clean looks, multiple loafing sheds for livestock comfort, and newly built covered cattle pens complete with hydrants for efficient handling and watering. Additional highlights include a custom screened pavilion with a bar and entertainment area — perfect for hosting family, friends, or clients — plus a fully remodeled bunkhouse offering flexible guest or worker quarters. Whether you’re running cattle, seeking a weekend getaway, or wanting a private North Texas retreat with strong infrastructure already in place, this Lipan ranch delivers functionality, upgrades, and lifestyle all in one package. Ranch Features & Improvements: • Beautiful new pipe fencing across the front, with strong fencing and cross-fencing throughout the property • Newly built and covered cattle pens • Multiple loafing sheds • Custom screened pavilion with entertainment bar area for dining and gatherings • Bonus, newly remodeled, 2-bedroom, 1-bath bunkhouse with a loft is built into the shop with its own custom flair • +4,000 sqft Storage and hay barn area (40 x70) and (50 x 30) • 30-acre coastal bermuda field producing 150–250 horse-quality round bales per year (dependent on rainfall) • Watch 150-class deer and turkey right from the property. Must see in person to appreciate all that this one-of-a-kind ranch offers. Main Home: 4 bed 3 bath 2,565–3,176 sqft 65 acres Built 2019 Multiple living quarters Bunk: 1 bd 1 bath

6085 County Road 146, Lipan

$1,175,000
4 Beds 2 Baths 21264281 MLS
Meticulously maintained acreage retreat with a true Texas Hill Country feel, gorgeous views in every direction, and 36.42 acres just outside Stephenville. Currently ag exempt per seller, this 4-bed, 2-bath all-electric home offers a blend of comfort, recreation, and functional country living, with convenient proximity to Tarleton State University and an easy drive to the Dallas-Fort Worth area. Inside, you’ll find hardwood and travertine floors, a wood-burning fireplace with leathered Italian marble hearth, and excellent storage with walk-in closets in every bedroom, two pantries, and ample closet space throughout. The remodeled kitchen features granite countertops, travertine backsplash, stainless steel appliances, double convection ovens, JennAir downdraft cooktop, refrigerator, dishwasher, and laundry sink. Both baths include double sinks; the primary bath offers a walk-in shower, while the hall bath has a tub-shower combo. Outdoor living is exceptional with an in-ground pool, waterfall feature, hot tub, patio areas, covered BBQ area, and poolside pavilion with electric for TV. The propane heater serves the pool and hot tub, making the space ideal for relaxing or entertaining. The land is a standout, with fenced pasture, pipe-fenced yard, outstanding landscaping, peaceful privacy, frequent deer sightings, a seasonal creek, and a fish-stocked tank that holds water year-round. Beautiful red oaks add to the setting and create gorgeous fall color. A livestock-ready barn includes an enclosed drive-through concrete area and hay storage, adding versatility for animals, equipment, hobbies, or projects. Additional highlights include a 9-zone yard sprinkler system, water softener, Class 4 impact-resistant roof, remodeled kitchen and baths, Lennox 16-SEER 4-ton HVAC components, 2025 electrical panel and breakers, and 2025 interior paint. From quiet mornings by the water to evenings by the pool, this polished country property is ready to enjoy.

1973 County Road 513, Stephenville

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

7517a Us Highway 67, Stephenville

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

1012 N Belknap St, Stephenville

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

1766 County Road 424, Stephenville

$265,000
2 Beds 2 Baths 21255625 MLS
Enjoy peaceful country living with this 2 bedroom, 2 bathroom single-wide mobile home situated on 6.89 beautiful acres. This property offers the perfect blend of comfort, space, and functionality—ideal for a college student, small family, or anyone looking for room for animals and outdoor living. The home features a practical layout with two bedrooms and two full bathrooms, providing privacy and convenience. Step outside and relax on the large covered back porch, the perfect spot for enjoying morning coffee, watching sunsets, or taking in the quiet countryside views. The property is well-suited for horse lovers and livestock owners with two horse pens, a pasture area, and a lean-to shelter for animals. There’s plenty of open space for riding, grazing, or expanding your setup. Additional features include RV hookups, making it great for guests, additional living space, or travel trailers. With nearly 7 acres of land, this property provides plenty of room to spread out while still being manageable. Whether you’re looking for a quiet place to study, room for horses, or simply a peaceful place to call home, this property checks all the boxes.

925 County Road 376, Dublin

$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

$425,000
6 Beds 2 Baths 21253345 MLS
Prime Multi-family investment opportunity! Two home bundle sitting on a combined .69 acre lot if replatted, and already zoned R-3. Unlock the perfect blend of steady cash flow and long-term development potential with this rare two home bundle! Both homes feature three bedrooms and 1 full bathroom, and are tenant occupied. Replat and build a multi-family complex while collecting rental income during the planning phase! You'll appreciate the solid location just minutes from the ever growing Tarleton State University. With increasing rental demand, you can rest assured your investment delivers versatility and value. Whether you're looking to expand your rental portfolio or break ground on your next development, you'll want to see this one. Schedule your showing today!

1425-1435 Groesbeck St, Stephenville

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

845 N Ollie St, Stephenville

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

621 County Road 484, Stephenville

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

1391 N Paddock St, Stephenville

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

675 County Road 463, Stephenville

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

209 Moonlight Trl, Stephenville

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

2014 N Us Highway 377, Stephenville

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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