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$1,500,000
3 Beds ⋅ 2 Baths ⋅ 21348123 MLS
Horse lover's dream minutes from downtown Stephenville! This turnkey equestrian estate offers premium ranch infrastructure and dual-home living on a 22.25-acre tract (to be surveyed), with the exclusive option to purchase the full 76.8 acres. Ideal for multi-generational living or a rental income stream, the property features two complete homes. The primary residence is a custom 1,650 sq ft, 3-bed, 2-bath rock home featuring a cozy wood-burning stove. The second residence is a highly functional 1,720 sq ft, 2-bed, 2-bath metal home perfect for guests or a property manager.The elite training facilities are completely dialed in. Ride day or night in the massive 140x240 lighted arena and 40-ft round pen, supplemented by a 6-horse walker, 3 large traps, and 3 spacious turnaround lots. Livestock and gear are well-housed between a 40x60 seven-stall barn (complete with tack, feed, and storage rooms), a 24x40 equipment shed, and a secondary 40x60 barn with covered trailer parking and a 30-amp RV hookup. Gated private entrance, two dependable water wells, and custom rock dog pens. Rare opportunity to secure an established, top-tier training setup so close to town.

100 A County Road 519, Stephenville
$2,600,000
3 Beds ⋅ 2 Baths ⋅ 21347999 MLS
Live in the Cowboy Capital of the World! Located just minutes from downtown Stephenville, Texas, this exceptional 76.8-acre gated equestrian estate offers unmatched multi-generational living and professional-grade ranch amenities. The private-entrance property features two complete residences. The main home is a beautifully crafted 1,650 sq ft, 3-bed, 2-bath rock home anchored by a cozy wood-burning stove. The second residence is a spacious 1,720 sq ft, 2-bed, 2-bath metal home perfect for guests, family, or a ranch manager. Built for the serious horseman, the infrastructure is elite. Train day or night in the massive 140x240 lighted arena and 40-foot round pen, supplemented by a 6-horse walker, three large traps, and three spacious lots. Storage and livestock assets include a 40x60 seven-stall barn (with dedicated tack, feed, and storage rooms), a 24x40 equipment shed, and a second 40x60 barn with covered trailer parking and a 30-amp RV plug. Supported by two dependable water wells and featuring custom rock dog pens, this turnkey ranch checks every box. Flexibility available: option to purchase a smaller 22.25-acre parcel (to be surveyed) containing both homes, barns, and all amenities. Don't miss this rare Stephenville gem!

100 County Road 519, Stephenville
$3,450,000
21320944 MLS
Western Custom Feeders presents a rare opportunity to acquire a permitted commercial grow yard in the heart of one of Texas’ most dynamic livestock regions. Situated on 150.89± acres just south of Stephenville, this established operation offers a 5,500-head permitted capacity and decades of proven commercial use, making it an attractive opportunity for cattle feeders, dairy operators, investors, or agricultural businesses seeking an existing, turnkey facility in excellent condition. SELLER FINANCING AVAILABLE to qualified buyers. 20% down, 8% interest.  The established operation is designed for efficient livestock handling with 47 steel pipe feeding pens, approximately 4,600 linear feet of concrete feed bunks, an additional 800 linear feet of bunk space in six grass traps, concrete feed aprons, freeze-protected concrete water tanks, underground water distribution, processing facilities, scale shed, commodity barns, livestock shade, office, and supporting infrastructure. The improvements have been consistently maintained and upgraded, reflecting pride of ownership throughout the operation. Horse facilities: Adding to the property’s versatility is a newly constructed, trainer-quality horse arena complete with covered boxes, return alley, concrete lead-up, Priefert chute, tack room, and the ability to divide the arena to work cutting horses. Located in Erath County, one of the nation’s premier dairy and cattle production regions, Western Custom Feeders benefits from exceptional access to livestock markets, feed suppliers, and major transportation corridors. The property’s existing permit, established infrastructure, and strategic location provide a significant advantage over developing a comparable facility from the ground up. Price based upon a recent Feed Yard Appraisal. The appraisal and financials are available upon request for qualified buyers.

2580 Fm 847, Stephenville
$399,000
4 Beds ⋅ 3 Baths ⋅ 21293954 MLS
Looking for country living without giving up the convenience of town? This beautifully updated 4-bedroom, 3-bath brick home may be exactly what you’ve been searching for!Nestled on a quiet cul-de-sac just outside Stephenville, this property offers the perfect blend of privacy, space, and accessibility. Bring your chickens, goats, and with a few modifications, even a horse or two! Whether you’re dreaming of a small hobby farm, a place for your student, or your next home this property offers endless possibilities.? Updated 4 Bedroom, 3 Bathroom Home? Spacious Country Setting? Quiet Cul-de-Sac Location? Room for Livestock & 4-H Projects? Minutes from shopping, dining, Amazon, Atwoods, Tarleton State University, and more? Move-in Ready? Incredible ValueThis hidden gem gives you the best of both worlds—country charm with all the conveniences of Stephenville just minutes away. Properties offering this much flexibility, space, & price are few & far between!

423 County Road 477th Rd, Stephenville
$399,999
3 Beds ⋅ 2 Baths ⋅ 21296406 MLS
Unrestricted 5-acre property in Erath County with no HOA, no building restrictions, and room to bring your horses, cattle, or homestead vision to life. A large sandy riding pad sits at the front of the home, offering a dedicated space for training or roping without taking up your pasture. The charming 3-bedroom, 2-bath home features LVP and laminate flooring, ceiling fans throughout, window coverings, and an electric cooktop across 1,620 sq. ft. of comfortable living space. Step outside to find a workshop, stable barn, storage building, and covered carport — everything a working property demands — plus covered horse pens with a convenient 30 50 120V RV connection complete with septic and water. A second RV hookup with 50-amp service is located near the well house, also with its own septic and water connection, giving you flexible options for guests, extended family, or a full-time RV setup. The land is fully fenced with barbed wire and includes a tank pond, perfect for livestock or fishing. Mature trees shade the cleared acreage while all 5 acres remain usable. Served by a water well and co-op electric, this unrestricted mini-ranch is just minutes from Stephenville. Horses permitted — bring them all!

4850 County Road 179, Stephenville
$1,795,000
18 Beds ⋅ 10 Baths ⋅ 21227447 MLS ⋅ Cowboy Corner BLDG.
Prime investment opportunity in Stephenville, the Cowboy Capital of the World and home to rodeo collegiate powerhouse, Tarleton State University. This **fully occupied, income-producing** property offers a rare mix of residential and equine amenities, including **10 apartments**, **8 RV hookups**, **20 horse stalls with runs**, **15 covered pens**, and **4 large traps**. A key highlight is the **on-site roping arena**, adding a distinctive value feature for tenants and equine users. Located **directly across from the popular 377 Arena**, the property benefits from strong visibility and immediate connection to Stephenville’s active horse community. With **Tarleton State University’s growing enrollment contributing to a local housing shortage**, this property presents meaningful upside potential for rent increases across both the apartments and equine facilities. An exceptional chance to invest in a high-demand asset with multiple income streams and future growth.

8441 County Road 176, Stephenville
$3,999,999
36 Beds ⋅ 26 Baths ⋅ 21130971 MLS ⋅ 3d Bunkhouse BLDG.
Welcome to 3D Bunkhouse, a rare investment opportunity in the heart of Stephenville—widely known as the Cowboy Capital of the World and home to the thriving TSU community. This unique multifamily property combines residential living, short-term rental income, and equine-focused amenities, making it an exceptionally versatile asset in one of Texas’s most sought-after rodeo and university markets. Located just over an hour from the Dallas–Fort Worth Metroplex, Stephenville offers the charm of a small Texas town with the steady energy and demand generated by TSU students, faculty, rodeo athletes, and traveling competitors. This strong tenant base creates consistent occupancy and long-term investment security. Community & Amenities 3D Bunkhouse is designed to accommodate a wide range of residents and guests. The property features full RV hookups ideal for short-term visitors, rodeo travelers, and event participants. On-site conveniences include a laundry facility, snack station, and secure mail delivery for tenants. The property also offers multiple income-producing amenities, including established short-term rental units, large fully covered horse stalls, storage units, and premium equestrian facilities. Riders and competitors benefit from a 150' x 200' outdoor roping and riding arena, a 60' round pen, and a concrete tie wash area, creating a highly attractive environment for those involved in the equine and rodeo industries.

120 Bunkhouse Rd, Stephenville
$1,230,000
20830463 MLS
Prime Commercial Lot in a High-Traffic Location This exceptional property is situated on the highly sought-after Senator Robert J. Glasgow Loop (formerly NW Loop) in Stephenville, offering unparalleled visibility and accessibility. Boasting approximately 285 feet of road frontage with city utilities conveniently available at the curb, this site is perfectly positioned for business success. Comprising two full lots and a partial third lot, the property spans approximately 3.76 acres. According to State of Texas traffic data, an impressive 9,494 vehicles pass by daily, ensuring maximum exposure for your enterprise. Opportunities like this are rare—this is undoubtedly one of the most desirable commercial lots available in Stephenville. Secure this prime location for your business today!

Tbd Senator Robert J Glassgow Loop, Stephenville

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