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$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
$195,000
3 Beds ⋅ 1 Baths ⋅ 21254785 MLS
This well-located 3-bedroom, 1-bath home sits just steps from Tarleton State University, offering a rare opportunity for both investors and future homeowners. Currently leased at $1,800 per month through July 31, 2026, it's an ideal home for investors looking for a property in a location with strong rental demand. For buyers looking for their next home, this offers the opportunity to secure a home in a prime location with the option to rent in the future. Whether you’re building your investment portfolio or planning for a future primary residence, this property combines location, income potential, and long-term value in the heart of Stephenville.

420 S Lillian 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
$939,900
3 Beds ⋅ 2 Baths ⋅ 21237716 MLS
This is the kind of property people wait for. The home is a well-designed 3 bedroom, 2 bath modern farmhouse set on 56+- acres, offering a comfortable open layout with a clean, functional feel throughout. The kitchen sits at the center of the home with a large island, built-in coffee bar, gas stove, and plenty of workspace, serving as a functional space for daily living. The living area offers a comfortable place to gather with a stone gas fireplace as a focal point, while a mud room and dual vanities in the primary suite add practical function throughout the home. The home also features a fenced yard surrounding the house, offering a defined outdoor space within the larger acreage. Scattered mature stands of oak trees throughout, complete with a pond and an abundance of wildlife such as deer, turkey and dove create a true classic Texas landscape. The property is fully fenced and cross-fenced, and features multiple gated access points making it ready for livestock. The property also backs up to Lone Mountain, which rises roughly 150 feet above the surrounding area and delivers a truly unique natural backdrop and standout view. A 40x40 shop with two roll up bay doors adds utility for storage, equipment, or projects. The property includes a private road leading to the home and is conveniently located just off HWY 67, approximately one mile from Three Way ISD.

1260 Private Rd, Stephenville
$255,000
3 Beds ⋅ 2 Baths ⋅ 21218818 MLS
Not located in a mobile home addition, and only 6 miles from stephenville, this gem is a must see! Starting with a fresh modern interior and sitting on nearly 3 acres of private land, this beautifully updated 3 bedroom, 2 bathroom home offers the perfect blend of country living and contemporary style. Interior highlights start with a bright open floor plan featuring fresh paint and brand new wood-look vinyl flooring that flows seamlessly through every room. The kitchen, the heart of the home, boasts new cabinetry, countertops and a suite of brand-new stainless steel appliances. Both bathrooms have been refreshed with new sinks, toilets and countertops for a clean, modern feel. On the exterior, a brand new metal roof provides long-term durability and piece of mind along with new porches, a newly built well house, a new well pressure pump and new HVAC with all new ductwork. The exterior of the home has also been freshly painted. A 20x40 container provides plenty of storage space or a place to put all of your outdoor equipment along with feed and tack. The perimeter of the property is fenced and, with a little extra care, would be horse ready.

13429 Fm 914, Stephenville
$1,699,900
3 Beds ⋅ 4 Baths ⋅ 21215685 MLS
Set on 47+ picturesque acres, this well-appointed ranch property offers the perfect blend of comfort, functionality, and country charm. The 3 bedroom, 3.5 bath rock home features beautiful custom rock and woodwork throughout, highlighting a timeless rustic ranch style with quality craftsmanship. The property also features a 960 sq ft mother-in-law suite, built in 2021, providing a private 1-bedroom, 1-bath space ideal for guests or extended family. The property is well equipped for livestock and horses featuring a 25x32 barn with 2 large stalls and a climate controlled tack room, including a large 36x36 slabbed shop with roll-up doors and 15 ft shed extensions on both sides. Located behind the barn are pipe working pens, and a round pen. Additional improvements include pipe fencing along the driveway and surrounding the yard, a water well, and a beautiful in-ground swimming pool with a gorgeous patio to enjoy the peaceful ranch setting. This versatile property offers the space and infrastructure to support a working ranch or a private country retreat.

404 Private Rd, Stephenville
$187,779
21220895 MLS
Hunters, Outdoors men and women, nature lovers, come see this undeveloped, unspoiled acreage in Erath County. Looking for the perfect place to build your country home? Seller will sell a minimum of 10 acres, location not yet plotted or marked and any size and configuration will require approval. The county requires minimum 200' of road frontage and minimum 10 Acres, anything less would require a re-plat. Total acreage available for sale is 78 acres, see MLS #21199607 Currently with a wildlife exemption and filled with wildlife, the seller has spotted deer, wild hogs, and wild turkeys. This is where you go to get away from it all. Exceptional location feels isolated and private but is just 17 minutes to shopping, dining, schools or medical in Stephenville. Drawing shown is APPROXIMATE, subject to revision. You can definitely buy more acres, but not less than 10. Several spots on the property would make stunning home sites. No City Taxes, No HOA. Property is behind a locked gate.

4025 County Road 175, Stephenville
$1,240,521
21199607 MLS
Hunters, Outdoors men and women, nature lovers, come see this undeveloped, unspoiled 78 acres in Erath County. Currently with a wildlife exemption and filled with wildlife, the seller has spotted deer, wild hogs, and wild turkeys. This is where you go to get away from it all. There is a small camp house on the property with power (no water) a great place to stow your gear and spend the night if you are out roughing it for the weekend. Seller will consider subdivide, in minimum 10 acres tracts, for someone hoping to build their dream house in the country. Exceptional location feels isolated and private but is just 17 minutes to shopping, dining, schools or medical in Stephenville. No City Taxes, No HOA....Property is behind a locked gate, schedule time to view.

4025 County Road 175, 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
$225,000
2 Beds ⋅ 1 Baths ⋅ 21161787 MLS
Zoned B-2 with existing residential use (currently grandfathered). This charming 2-bedroom, 1-bath home offers flexibility and opportunity. Ideal for first-time buyers, investors, or those seeking a property with potential commercial use along one of Stephenville’s busiest corridors. High-visibility location with convenient access to local amenities, shopping, and dining.

1013 Tejas Ln, Stephenville
$640,000
3 Beds ⋅ 2 Baths ⋅ 21185692 MLS
This stunning 3.1 acre property has a multitude of possibilities with a charming 3 bedroom and 2 bathroom house. The house has been newly remodeled with beautiful granite countertops and lovely two-toned farmhouse style kitchen cabinets. Both bathrooms are spacious with walk in showers and plenty of countertop space. Quaint breakfast nook as well as an air-conditioned sunroom both with lots of natural light and a perfect view of the arena. Arena is equipped with roping boxes and chute as well as a couple of nice size traps for horses and cattle. Just above the arena is 50 ft by 60 ft equipment barn that could house equipment, hay and feed or easily be converted into a horse barn. There is also a 40 ft by 40 ft building that is currently be used as a tack room plus well house. Towards the front of the house to the right is a small rustic building with lots of potiential and a metal shed tall enough to park a trailer or RV. The highway frontage of this property would make this perfect to have your business in or rent it out to another business and have the convenience of managing everything right in your own backyard. Either way you look at this entire property it has great potential to be an income driven home. Schedule a time with me and let's go take a look at your next dream property.

2720 N Us 377, 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
$1,450,000
4 Beds ⋅ 2 Baths ⋅ 21139652 MLS
Dream Farm and Ranch Retreat: A Perfect Blend of Comfort and Functionality! Discover your own piece of paradise with this stunning 2022 2400sq ft. modular home nestled on a sprawling expanse of land, designed for those who crave the serenity of rural living without sacrificing modern amenities. With plenty of room to roam, this property offers a lifestyle filled with possibility! Equestrian Excellence: Horse lovers will appreciate the dedicated horse stalls, providing a safe and comfortable environment for your equine companions. Workshop Wonder: Unleash your creativity in the expansive 2000+ sq ft workshop with 20ft overhang on each side, it is also plumbed for a bathroom and kitchen. Ideal for hobbies, projects, or storage, this versatile space can accommodate all your needs. Farming Potential: With two stock tanks for livestock and cattle pens along, this property is ready for your farming ambitions. Whether you’re raising cattle, goats, horses or starting a garden, the sky's the limit! Water Abundance: Enjoy the peace of mind that comes with two water wells, ensuring your needs are met year-round. Room to Grow: With ample space for expansion, you have the freedom to create your dream homestead, add more livestock, or simply enjoy the vast, open landscapes. Whether you’re an aspiring farmer, an equestrian enthusiast, or simply seeking a tranquil escape from the hustle and bustle of city life, this property is a rare find that combines luxury with practicality. Don’t miss out on your chance to own this incredible farm and ranch retreat! Schedule a viewing today and start living the lifestyle you've always dreamed of. Your perfect home awaits!

4565 County Road 140, Stephenville
$355,000
4 Beds ⋅ 2 Baths ⋅ 21010051 MLS
Space. Flexibility. Location. Welcome to 810 Alexander Street, where comfort, versatility, and investment potential come together in one of Stephenville's most convenient locations. Just minutes from Tarleton State University, this 4-bedroom home with a flexible bonus living area offers the space today's buyers need and the location investors want. Whether you're searching for your next family home, housing for a Tarleton student, or a property with long-term or short-term rental potential (subject to local regulations), this home offers endless possibilities. The bonus room with its walk-in closet can easily serve as a fifth bedroom, home office, playroom, or guest suite. Inside, you'll appreciate the open-concept layout featuring granite countertops, a kitchen island, decorative lighting, generous walk-in closets, and abundant storage. Every space has been designed with everyday living and entertaining in mind. Outside, this property truly stands apart. Situated on a spacious corner lot, the property extends beyond the existing backyard fence, providing additional room for future expansion, outdoor living, gardening, or simply extra space to enjoy. Location matters—and this home delivers. With easy access to Tarleton State University, shopping, restaurants, and everything Stephenville has to offer, this is a rare opportunity to own a home that offers flexibility today and value for years to come. Schedule your private showing today and see why 810 Alexander Street is the opportunity you've been waiting for.

810 Alexander Rd, Stephenville
$240,000
4 Beds ⋅ 2 Baths ⋅ 20887648 MLS
Looking for a 4 bedroom? Look no further!! Here is a cute 4-bedroom 2 bath home on a nice corner lot not far from Tarleton State University. This home has a separate utility room, central heat and air, a nice sized attached storage, fenced back yard, and a double car carport. This one shows well! Call today!

1090 N Race St, Stephenville
$3,600,000
14655558 MLS
40+- Acres on Business 377 with access to US Hwy 377 South Loop. Approximately 1 mile to US Hwy 281 intersection. Excellent property for an industrial complex, multiple housing development or many other commercial uses. City water is available and city sewer is nearby. Rock farm house on property needs TLC, water well, old barns and storm shelter. This property has fencing with some cross fence in place. This property is on the outside edge of the city limits and is in the ETJ.

1866 E Washington St, Stephenville

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

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