Nestled in a serene, in-town location, this expansive 5.367-acre parcel presents a unique opportunity to bring your vision to life. Zoned for single-family residential use, the property offers the perfect blend of privacy and convenience, with easy access to local amenities and services. The land has already been cleared, saving you significant time and expense in site preparation. This blank canvas is ready for your vision. Imagine waking up to the tranquility of nature, with ample space for outdoor activities, and relaxation. This property offers the freedom to design a lifestyle, weather for yourself or creating a subdivision for others to come in and enjoy.
Excellent opportunity to acquire a strategically located parcel zoned R3 Multifamily, just over one mile from Tarleton State University. This property offers strong potential for a 25–30 unit multifamily development, aligning with the high rental demand driven by student housing, faculty, and the growing local workforce. The site is positioned for investors and developers seeking a value-add project in a market with consistent occupancy rates and steady rental demand. With multifamily land in limited supply this close to campus, this tract represents a rare chance to capitalize on both location and zoning flexibility.
Premier development opportunity at 3050 W Washington Street, one of the most visible and heavily traveled corridors in Stephenville, Texas. This exceptional 26+ acre tract boasts extensive frontage along Washington Street (US Highway 377), supported by some of the highest TxDOT traffic counts within city limits. Utilities are already on site, allowing for efficient and timely development. The property is currently zoned B-2, accommodating a wide range of high-demand commercial uses including retail, restaurants, hotels, banks, churches, medical, and service-oriented businesses. With strong visibility, easy access, and a central location, the site is ideally positioned for destination and daily-use development alike. Stephenville—known as the “Cowboy Capital of the World”—serves as the regional hub for Erath County and surrounding communities. Anchored by Tarleton State University, the city continues to experience sustained population growth, expanding enrollment, and increasing consumer demand. The local economy is diversified across education, healthcare, agriculture, and retail, making Stephenville a stable and attractive market for long-term investment. The rear portion of the property offers an additional value-add opportunity and would be well-suited for future residential development, subject to rezoning—creating potential for a mixed-use project in a growing corridor. This is a rare opportunity to secure a large-scale, high-visibility development site in one of North Central Texas’ most active and expanding markets.
Just over 2 acres of prime road frontage in front of new senior housing community. Great spot to put your business!
3.53 Acres in Sunrise Mountain Ranch – Lake Ownership, Hill Country Views & Prime Location Discover the perfect blend of privacy, views, and water access with this 3.53-acre tract in the highly sought-after Sunrise Mountain Ranch—a gated community encompassing over 500 acres in Erath County, fully perimeter-fenced for security and peace of mind. This property is ideally located next door to the lakefront common area, giving you convenient access to the water, while maintaining a private homesite setting. As an owner, you’ll have shared ownership of the lake itself, providing a unique opportunity to enjoy and help preserve this tranquil natural feature. Key features include: • Paved road frontage and electricity on-site • Gated entry and private roads throughout the community • Two community pavilions and a playground just steps away • Beautiful Hill Country views and peaceful surroundings • Minutes from town, offering convenience without sacrificing seclusion • Deed restrictions in place to protect your investment and maintain community standards With the rare advantage of partial lake ownership and access to well-maintained community amenities right next door, this lot is ideal for building your dream home or creating a quiet weekend retreat. Experience the best of rural Texas living with the added value of thoughtful development and natural beauty.
CALLING ALL INVESTORS!!! Here is a 2-acre tract inside the city limits that has been cleared and is ready to build on. This property is currently zoned R-2, has a water well with well house, and is fenced. This tract is tucked away so that you won’t have lots of street traffic. Ready to go with gas, city water, electricity, sewer & backs up to the Bosque River. There is an additional 1.5 acres with a 1500 foot 6 stall horse barn that is available as well.
Investors welcome! This beautiful hotel, located on a corner LOT, only half block from Tarleton State University is an asset gain in itslef and with a TURN KEY Commercial HOTEL, it makes it one to condiser. The Gallery House Boutique Hotel, opened for business in September 2020 and well received for six years running! This Craftsman Home, built in 1895, took two years to restore and convert into a Hotel. Located half block from TSU and with room to expand. Featuring four private rentable rooms, elegantly designed and all with modern conveniences. Zoned Mini splits in every room, smart T.V., microwave, mini fridge, custom showers, hardwood floors throughout. Hotel features 10 foot ceilings with re-claimed vintage stamped tin in all three downstairs KING rooms, each with a different design. Five original fireplaces, Commercial gas tankless water heater, externally mounted, along with professional water softner system which protect fixtures, shower doors and appliances. Grounds include, a detached office studio with private bath and zoned heating and air, custom rock patios, sidewalks, courtyards and native landscaping. An asphalt parking lot with an ADA concrete slap provides safe parking off the street, with a designated Entrance and Exit. An ADA cement ramp with railing, plus steps from parking lot lead guest to our beautiful wrap around porch to access Hotel. Property has room to build Phase II if desired, which would include the addition of three rental units on one foundation. Sewer tap in place and parking lot built with 14 spaces to accomodate future expansion. The Gallery House has excellent reviews, repeat guest, local business, corporate travel, sub-contractors and transient weekend buisness. The Gallery House has an establised website capturing majority of reservations. Walking distance to TSU, Historic Downtown, and Hospital district. Property is an asset gain as Tarleton State University grows expenditually in all directions.
Prime Rural Acreage- Ideal Horse Property. Come escape to the Tranquility of the Countryside. Nestled conveniently between Tolar, Glen Rose and Stephenville -and just minutes from Hwy 67 - these beautiful land tracts offer a rare blend of serenity and accessibility. Captivating views & Electricity readily available at the road make this an ideal location to build your own masterpiece. The land features established coastal Bermuda grass, Nice Oak Trees & Rich Sandy Loam, making it perfectly suited for horses & livestock. With the scenic views & plenty of space to build, it’s a rare opportunity to own quality land in a picturesque rural setting!
123 Acres of Income-Producing Land with Highway Frontage with Turnkey Agricultural & Equestrian Operations Prime opportunity to own 123 acres of income-generating land with excellent visibility and access, featuring over 1,000 feet of highway frontage along Hwy 377 and a second entrance off County Road 279. This exceptional property is located within an Opportunity Zone and benefits from an Agricultural Exemption. Currently home to two well-established businesses A 36-year-old wholesale nursery with expansive infrastructure A fully operational horse training and breeding facility Agricultural Infrastructure includes, 4 high-capacity water wells 15–100 GPM, with a recycled runoff system Irrigation system featuring 4”–6” pipe network spanning the entire property 80 acres planted with field-grown nursery stock 30 cold frame greenhouses with irrigation 2–5 acres of irrigated growing pads for large container trees and plants Facilities Include: Modern metal office building with 6 offices, 2 restrooms, kitchen, large workshop with storage loft, 3 roll-up doors, and tool room Equestrian center with Large tack room, hay & feed barn, 6 covered outdoor stalls, and 8 oversized stalls within a covered arena Whether you're looking to expand an agricultural enterprise, invest in income-producing land, or own a turnkey equestrian facility, this versatile property offers outstanding potential in a sought after location, could be the perfect development property.
This one is really special! It is a beautiful custom built Fanning Construction home sitting on just over 27 acres of land! This property is located in the very desirable Huckabay school district! This home has been so well loved and cared for since the seller's built it! Sometimes life throws us a change up and now it is being offered up for someone else to come enjoy and love it as much as they do! The home features 3 bedrooms, 2 full and 1 half bath, it also has beautiful kitchen, wood burning stove, and the most peaceful study! You can't imagine how peaceful it is to sit on the porches and listen to the wind chimes! There is a custom built chicken coop, and an in ground concrete storm shelter! There are tons of deer, and all kinds of wildlife on the property! This place is located at the end of a private road, and the road only services two homes. The property is ag exempt, and so private but it has state of the art United Coop fiber internet! There is also a nice horse barn and shed on the property. It is also completely fenced! If life is a little too hectic for you and you are looking for a weekend place or primary residence that will afford you the utmost peace and quiet... well here it is!! Come take and look and experience just how special this place truly is! The pictures are fantastic but they don't tell the whole story about this one! You have to come experience it for yourself!!
Discover an exceptional investment opportunity with this expansive 24.8-acre parcel, ideally situated within the city limits. This unique property boasts the rare advantage of being bordered by the ever so popular Bosque River Walking Trail, offering a blend of natural beauty and urban convenience. Zoned B-3 Central Business, the land presents a wide array of development possibilities, limited only by your imagination. The location is perfect for constructing high-density apartments to meet the growing demands, or you could develop a housing community that attracts residents. With direct access to the walking trail and the river, future residents will enjoy outdoor activities right at their doorstep, enhancing the property's appeal and value. Investing in this property means capitalizing on a prime location with flexible zoning, promising substantial returns. The combination of natural amenities, accessibility, and central business zoning makes this an unparalleled opportunity to shape a significant part of the city's future. Don't miss out on the chance to transform this land into a thriving residential or commercial hub.
LOCATION, LOCATION, LOCATION!!! Conveniently situated in a great neighborhood close to schools, shopping & more. Spacious brick, 3 bedrooms, 2 bath home on a corner lot with an open living arrangement & split bedroom layout. This home has ample closet and storage space along with a full-size pantry. Double doors leading out to the covered porch that overlooks the in-ground pool with a diving board. Just imagine how fun this would be on a hot summer day with family and friends! Wood fencing gives you just enough privacy and seclusion! It won’t last long!
3.00 Ac on Cr 517 With moderate restrictions
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!
1.309 acres that has road frontage off S 2nd and W Cage giving this property endless possibilities. Zoned R-3 multifamily residential district this property is located walking distance to the ever-growing Tarleton State University. Perfect for multifamily dwellings of any kind. Dont hesitate to make this your next investment.
1.309 acres that has road frontage off S 2nd and W Cage giving this property endless possibilities. Zoned R-3 multifamily residential district this property is located walking distance to the ever-growing Tarleton State University. Perfect for multifamily dwellings of any kind. Dont hesitate to make this your next investment.
Great B2 Retail and Commercial business zoned lot! Check this one out! Its located just off the South Loop and Graham St. This one is just under 1 acre and is located on Riverside Dr, just behind Parham's Garage! If you are looking for a large commercial lot to build your business or retail location, here it is! Come take a look and see if its a fit for you!!
Built in 2016 this amazing 3-2.5 ranch style home sits on 5.051 acres. Located in Horsemans Ranch subdivision allowing access to both an outdoor & covered arena. Home offers 1584 SqFt of living space with concrete flooring on the bottom level & laminate wood on the top. Custom cedar wood detailing throughout giving this home a rustic feel. Kitchen is equipped with electric KitchenAid appliances, dishwasher, vent hood & a double oven. Ready for you & your horses is an attached barn with 2-12x12 stalls, covered shop area or parking & 12x12 area that could double as a feed or tack room. Truly a horse lovers dream!
Hard to find small acreage lot! Check this one out! Located in the Diamond C Ranch Estates subdivision! This lot has United Coop electric service and fiber internet at the street and there is good ground water in the area. Most of the neighboring homes have wells showing 15 to 20 GPM production. This is a very nice lot in one of the newest and best subdivisions in the area! Come take a look and make it your very own!!
22-acre tract in the exclusive Legends at Buffalo Ridge neighborhood, located just 9 minutes from downtown Stephenville. This prime piece of land offers the perfect combination of convenience and privacy, with electric and a well producing 150GPM already on-site a. Spacious, flat landscape is ready for your vision. The property features 50% brush cover, providing a balance of natural beauty and open space, ideal for a variety of home sites and facility designs. With its proximity to downtown Stephenville and easy access to local amenities, you’ll have the best of both worlds—peaceful living with city conveniences just minutes away.
One of the main attractions of this beautiful land lot is the quiet, slower pace of life. Set atop a hill with amazing 180 degree sunset views. The backyard view is a ranch with a serene windmill. It’s ideal for those who want to escape the noise and crowded atmosphere of cities and enjoy a more peaceful, natural environment. This 2.18 acre parcel is outside city limits and away from the busy bright city life. It offers peace and tranquility, distance from your neighbors and the opportunity to build a family, raise your current family or retire. Stephenville is known as the Cowboy Capital of the World. Although still known as a small town, it has a historic downtown, 18 hole championship golf course, and country club. Come walk the land and build your dream home or barndominium.
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!
Looking for an opportunity to build your custom home just minutes from Stephenville? Check out this 6 acre parcel in the newly developed Diamond C Ranch Phase III. There is something to be said for having enough land to build a home, barn, workshop and graze animals all while being 5 minutes to the growing town of Stephenville. This lot is easy to show and just a short drive from Stephenville. It has a good mix of grass and a clump of trees in the front corner of lot. The lot is the first on the right as you enter Phase III of Diamond C Ranch. Currently in Wildlife Exemption
Check this one out!! This one is a great opportunity, located just on the edge of the city limits and the Stephenville airport! This is a prime property and location for Stephenville's next subdivision. There is a fire hydrant, city water and sewer located at the front of the property! The property features just over 36 acres of prime sandy loam soil, its cleared and very level! The property will come with some building restrictions due to it's close proximity to the airport, mostly height limitations on the structures. With all that said, this is one of the only tracts available that has city services! Come take a look and see if this is the project for you!! This is also a fantastic horse property with the utmost potential for future growth and value! Buy it, use it and watch it gain value!!
Price Improvement! Four Bedroom 2.5 bath on oversized corner lot in Golf Country Estates! Remodeled kitchen and walk in shower in master bath. Garage has extra large parking area built in storage and at least 350 sq. ft. space for a shop or storage. The .543 acre lot has oak and pecan trees with plenty of room for gardening and landscaping. The property even has it's own well for outdoor watering and reducing the cost of watering. This nice brick home with split bedroom design and open concept living and kitchen area makes for a great area for living and entertaining. The covered back porch looking over the golf course is a nice place for enjoying cooking and playing outdoors.

The median home value in Stephenville, TX is $251,700. This is lower than the county median home value of $269,400. The national median home value is $338,100. The average price of homes sold in Stephenville, TX is $251,700. Approximately 36.99% of Stephenville homes are owned, compared to 48.96% rented, while 14.05% are vacant. Stephenville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Stephenville real estate agent to arrange a tour today!
Stephenville, Texas 76401 has a population of 20,504. Stephenville 76401 is more family-centric than the surrounding county with 41.11% of the households containing married families with children. The county average for households married with children is 35.33%.
The median household income in Stephenville, Texas 76401 is $50,552. The median household income for the surrounding county is $56,691 compared to the national median of $69,021. The median age of people living in Stephenville 76401 is 25.5 years.
The average high temperature in July is 94.2 degrees, with an average low temperature in January of 31.5 degrees. The average rainfall is approximately 33.7 inches per year, with 1 inches of snow per year.