Refine Search
Sort by
$1,495,000
3 Beds 2 Baths 21283170 MLS
14010 FM 3025 - 11.75± Acres in Erath County, Texas Location: 14010 FM 3025 is an exceptional horse property located just outside of Stephenville in Erath County, Texas. Positioned directly across from the renowned Tarleton State University rodeo complex, the property offers an ideal location for ropers, horse enthusiasts, and those seeking the Western lifestyle with convenient access to town amenities. Home & Improvements: The property features a well-maintained 3 bedroom, 2 bathroom home with approximately 1,830 square feet of living space. Outdoor amenities include a swimming pool and a separate 1 bedroom, 1 bathroom guest house for additional accommodations or potential rental use. Equestrian improvements include a 5-stall horse barn with 3 roll-up doors and an insulated tack and feed room. The property also features a 175' x 275' arena with covered team roping boxes, creating a turnkey setup for ropers and horse training operations. Additionally, there are 8 turnout traps with cover for excellent horse management functionality. Water: The property is serviced by a water well. Location & Recreation: The acreage provides room for horses, livestock, and recreational enjoyment while offering outstanding convenience to the Tarleton rodeo complex. Summary: With a prime Stephenville location, quality equestrian improvements, guest accommodations, swimming pool, water well, turnout traps, and a fully functional roping setup, 14010 FM 3025 is a turnkey horse property ready for immediate use.

14010 Fm 3025, Stephenville

$365,000
3 Beds 2 Baths 21280525 MLS
Beautifully maintained 3 bedroom, 2 bath home with a 2-car garage offering 1,824 sq ft of comfortable living space in a highly desirable location close to Tarleton State University. This inviting open-concept floor plan is perfect for both everyday living and entertaining, featuring a spacious living area with a cozy fireplace, abundant natural light, and attractive wood flooring throughout much of the home. The updated kitchen offers modern touches, ample cabinet and counter space, and flows seamlessly into the dining and living areas. Thoughtful details such as crown molding and a skylight add warmth and character throughout the home. The private primary suite provides a relaxing retreat, while the additional bedrooms offer flexibility for guests, family, or a home office. Outside, you’ll enjoy a covered patio overlooking a shaded backyard filled with large mature trees, creating a peaceful outdoor setting. A large shop in the backyard provides excellent space for hobbies, storage, or projects. With several updates completed inside and out, this move-in ready home combines comfort, charm, and convenience in one great package. Don’t miss the opportunity to own this wonderful property in a prime location!

510 Spring Meadow St, Stephenville

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

940 Elk Rdg Dr, Stephenville

$240,000
3 Beds 2 Baths 21276346 MLS
This solid 3-bedroom, 2-bath brick home presents an excellent opportunity for investors or buyers seeking a property with strong potential and key updates already in place. With a durable brick exterior and practical layout, this home is built for long-term value and low maintenance. Inside, you’ll find a functional floor plan with a comfortable living area, a dedicated dining space, and a kitchen offering ample cabinet storage and workspace. The primary bedroom includes a private bath, while two additional bedrooms provide flexibility for tenants, guests, or a home office. Recent improvements—including a newer roof and updated AC unit—offer peace of mind and help reduce major upfront expenses, making this an even more attractive investment option. Currently leased through June 2027

209 Moonlight- Trl, Stephenville

$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

$950,000
3 Beds 2 Baths 21255982 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 house with one acre, and without the shops.

7517 Us Highway 67, Stephenville

$675,000
3 Beds 2 Baths 21255604 MLS
Picturesque park setting with 15 acres in one of Stephenville’s most sought-after areas, this beautifully updated 3-bedroom, 2-bath home offers the perfect blend of comfort, convenience, and country living. Ideally located off Diamond Oaks Road near FM 3025, you’re just minutes from town and Tarleton State University’s renowned rodeo arena. The property is fully fenced and ready for your animals, making it a dream setup for those seeking space and functionality. Step inside to a welcoming living room featuring a stunning fireplace—perfect for cozy evenings—and enjoy updated flooring that flows seamlessly throughout the home. The standout kitchen is designed to impress, boasting updated cabinetry, modern finishes, and plenty of space for cooking and gathering. Whether you’re entertaining guests or enjoying a quiet night in, this home offers both style and comfort at every turn. With wide-open acreage, a prime location, and thoughtful updates throughout, this property is a rare find in the heart of horse country.

1070 Diamond Oaks Rd, 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

$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

$110,000
21244950 MLS
Discover the perfect opportunity to build your dream home on this beautiful 2-acre tract located in the desirable Mesa Vista subdivision. Lot 118 offers a great balance of space, privacy, and flexibility with light restrictions, giving you the freedom to create a home that fits your lifestyle while still maintaining the integrity of the community. Fiber internet, electric available, beautiful gated entrance. This is just outside of town making it an ideal option whether you're looking to build now or invest for the future. Enjoy the peaceful surroundings, wide-open views, and the convenience of being within reach of nearby towns and amenities. Whether you're dreaming of a custom home, a weekend retreat, or a long-term investment, this property provides the perfect canvas to bring your vision to life. Don’t miss your chance to secure your spot in this growing and desirable area!

Tbd Mesa Vista Dr, 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

$395,000
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
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

$999,900
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

$589,000
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

$475,000
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. Schedule your private tour today!

330 E Mcneill St, Stephenville

$620,000
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

$6,000,000
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
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
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
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

$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

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.

Last updated: