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$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

$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

$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

$249,950
21248462 MLS
Corner Lot. Bring your horses and enjoy the freedom of country living on this 10.885-acre tract in Stephenville, just minutes from downtown— the Cowboy Capital of the World. This Ag-exempt property offers the ideal setting for horse owners, livestock, or anyone looking to build their dream ranchette with room to roam. The land features flat, usable topography with quality native grasses, making it well suited for grazing, riding arenas, barns, and turnout areas. Mature hardwood trees provide natural shade, and road frontage along US Highway 67 allows convenient access for trucks, trailers, and equipment. Electricity is available, making it easier to bring your vision to life. Located just 5 miles from downtown Stephenville and Tarleton State University, the property provides quick access to feed stores, veterinarians, farriers, and the vibrant local rodeo culture the area is known for. You’ll enjoy peaceful rural living while still being within easy reach of city amenities and approximately an hour from Fort Worth. This property offers endless possibilities—build a custom home, barndominium, horse facility, or family compound in the heart of horse country.

7474 Tract 1 Us Highway 67, 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

$975,000
5 Beds 3 Baths 21233161 MLS
Welcome to a place where life slows down on this 4.8 acre estate in the highly sought-after Lipan ISD! This property has a standout feature of a 50x70 insulated shop equipped with air conditioning and heating, that is currently set up as an indoor sports barn. It offers a rare opportunity for sports training, private coaching lessons, local team practices and opens up the door (all three of them) for an income-producing potential in the growing Lipan youth sports industry. It has incredible built-in value from the potential commercial side. The home is a custom COUNTRY CHARMER with traditional farmhouse-feel of stonework, trending navy blue and white colors and INCREDIBLE VIEWS from the front porch! A very functional and open concept layout, vaulted ceilings, picture windows with more views from the interior and a chef-approved kitchen! The kitchen has endless cabinets, a massive island with room for barstools and oversized butlers pantry with built-in wine storage. A cozy primary suite, flex space with office, oversized laundry, mudroom and guest bedroom are all on the first floor. All remaining bedrooms are upstairs with roomy closets and jack and jill bathroom. Throughout the home has designer touches and an abundance of storage. Amazing property with more potential for horse arena and truly making it your own! Such a relaxing place to call home and experience this lifestyle. Don't miss out!

10535 County Road 146, Lipan

$360,000
21225310 MLS
Escape to wide-open space with this stunning 40-acre property featuring rolling terrain and beautiful elevation changes, with both character and charm. With no known restrictions and an ag exemption already in place, this land is ready for your vision—whether it's running cattle, raising horses, hunting, or building your dream home. The property offers a great mix of open pasture and scattered live oak trees, giving you both usable land and natural beauty. The soil is a desirable blend of clay and sandy loam. The front portion is partially fenced with barbed wire, and additional adjoining acreage is available for those looking to expand and create a fully fenced perimeter. A rare opportunity to own a versatile piece of Texas land with endless possibilities.

Lot 2 County Road 277, Dublin

$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

$449,000
3 Beds 2 Baths 21220945 MLS
An open, bright and welcoming split-floorplan invites you into this 2022 built, upscale home, perched on a cleared and landscaped hill in Mountain Lakes Ranch. Expansive regional views from the Living Room, Office, Primary Bedroom. Abundant cabinetry with a classic farm sink inset in the large island Kitchen with an adjacent walk-in Pantry. A handsome woodburning brick fireplace with hearth and mantle highlights the Living Room. Vaulted and tray ceilings showcase the open feel in the Living Room and Primary Suite. A large 11 x 11 Office is just off the entryway. The oversized laundry room, with sink, has dual access into the main home and into the backside of the Primary walk-in closet. Oversized garage is 27 feet deep. Low maintenance landscaping in the rear yard can be transformed into a stair-stepped amphitheater of plants and flowers or let your imagination run wild. Easy care front yard with open, vibrant views from the large front porch. Mountain Lakes is an upscale subdivision with two lakes for fishing and boating. The community has RV parking-storage, private RV camping, a community pool, clubhouse, park and playground. It is located midway between Granbury and Stephenville. Granbury is known for its tourism and boating. Stephenville is home to the exploding Tartleton St. Univ and the Cowboy capitol of Texas. Bluff Dale and neighboring Tolar host multiple well-known eateries and an historic pub.

1445 Lakeside Dr, Bluff Dale

$249,000
21210579 MLS
18.68 acres, this property offers a unique blend of accessibility and seclusion. Boasting approximately 865 feet of road frontage, the land is easily accessible while maintaining a sense of privacy. The perimeter is secured with robust fencing and a pipe entrance, ensuring both security and aesthetic appeal. The property features majestic views, providing a stunning backdrop for any building project. Multiple secluded building sites are scattered throughout the acreage, offering flexibility in designing your dream home. A harmonious mix of native grasses and trees creates a diverse and appealing landscape. The open acreage is ideal for various outdoor activities. The property is well-suited for hunting, offering a haven for wildlife and outdoor enthusiasts. Conveniently located a short distance from Dublin, the property combines rural tranquility with easy access to urban amenities. Its proximity to FM. 219 ensures a smooth commute and connectivity to surrounding areas. This location offers the best of both worlds: the peace of country living and the convenience of city access.

Tbd County Road 317, Dublin

$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

$445,000
3 Beds 2 Baths 21200248 MLS
Located just a short walk from Tarleton State University and near the Memorial Stadium, this well-maintained 3-bedroom, 2-bath home offers a rare opportunity in one of Stephenville’s most desirable areas. Homes on this street rarely come available, making this property a standout investment or personal residence. The home features two spacious living areas, providing plenty of room for relaxing or entertaining, along with a two-car garage for added convenience. The large backyard offers additional outdoor space to enjoy, making it ideal for gatherings, pets, or any other opportunity. Currently operating as a rental property, this home presents excellent income potential. Its unbeatable location near Tarleton State makes it perfect for continued rental use, a potential short-term rental such as an Airbnb, or comfortable everyday living close to campus and town amenities. Whether you're searching for a prime investment opportunity or a home in an unbeatable location, this property offers flexibility, strong rental appeal, and long-term value.

980 N Harbin Dr, 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

$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

$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

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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