Prime Texas ranchland located in Erath County, 15 min S of I-20 at Morgan Mill, 15 min N of Stephenville and 4 miles west of Hwy 281. The Morgan Mill 851 Ranch is a wonderfully diverse and scenic ranch with minimal improvements. The land consists of both native and improved pastures watered by the N. Paluxy River which runs through the ranch as well as drainage areas and stock tanks. Live Oaks, Texas Red Oak. Native Pecan and many other variety of native trees flourish on the ranch and in the Spring wildflowers will color the landscape. There are many hilltops offering spectacular views and potential homesites. The ranch is currently under a grazing lease. The ranch will also produce hay for winter grazing capabilities. A modest yet updated farmhouse offers 3 bedrooms and 2 baths. Other improvements include an storage shed and haybarn.
Set in a quiet area only two miles west of Stephenville, Wright Way Ranch offers small-town living with country charm. This home features a practical layout and room to make it your own. The home sits on a beautiful hilltop where the view of the Texas sunrises can't be beat, all while being just minutes from an abundance of shopping and dining, as well as the much desired Tarleton State University.
Beautiful curve appear property come with swimming pool cook out kitchen and pool house that has extra garage for storage, sellers are motivated and ready to move in. Don't miss out.
Welcome Home! This custom home is on a quiet cul-de-sac in the highly sought-after Elk Ridge subdivision. Offering approximately 2,600 square feet of thoughtfully designed living space, this beautifully maintained 4-bedroom, 3-bathroom home perfectly combines comfort, functionality, and relaxed luxury — just in time for summer. Inside, you’ll appreciate the spacious open-concept floor plan designed for both everyday living and effortless entertaining. The living area flows seamlessly into the kitchen and dining spaces, creating an ideal gathering place for holidays, summer cookouts, or casual evenings spent with friends. The kitchen offers abundant cabinetry, generous counter space, quality appliances, and a practical layout. The spacious primary suite provides a peaceful escape with a well-appointed ensuite bath and generous closet space, while the additional bedrooms and bathrooms offer flexibility for guests, children, hobbies, or a home office. The true showstopper is the incredible backyard oasis. Designed with summer living in mind, the stunning gunite swimming pool creates a resort-style atmosphere. Imagine cooling off on hot Texas afternoons, hosting pool parties, grilling with friends, or enjoying peaceful evenings under the stars with the sound of water in the background. The backyard offers the perfect combination of beauty, privacy, and functionality. Whether you envision lazy weekends by the pool, celebrations, or simply relaxing after a long day, this backyard delivers the lifestyle buyers dream about. Mature landscaping and the home’s positioning on the lot create an inviting outdoor environment that feels both private and welcoming. Adding even more value and peace of mind is the Generac standby generator. This valuable upgrade ensures reliable backup power when needed, offering comfort and security year-round. Schedule your private showing today and experience firsthand the lifestyle this remarkable property has to offer.
Golf course homes in Stephenville almost never come up—and this is the one everyone’s been waiting for! Move fast on this 4-bed, 3-bath custom home with a pool, bonus room, and sweeping fairway views. Enjoy great curb appeal, mature landscaping, and a spacious, welcoming layout designed for effortless entertaining. The open living area features a wood-burning fireplace and big windows with fairway views. The kitchen is ready for your next get-together with granite counters, double ovens, custom cabinetry, and a pantry. The downstairs primary suite is a true retreat with dual vanities, a garden tub, a separate shower, a sitting area, and huge walk-in closets. Two more bedrooms downstairs are perfect for guests or a home office, while upstairs offers a private bedroom, full bath, and an oversized bonus room—ideal as a game room or media space. Step outside to your backyard oasis: a sparkling pool, big patio, and sunset views over the golf course. Extras include a workshop with power, a storage building, a storm shelter, and an oversized garage. Don’t miss your shot at 107 Byron Nelson—homes like this go fast. Book your private tour now before it’s gone!
3-bedroom, 2-bath property located on a high-traffic road with endless potential! Whether you’re searching for a primary residence, investment property, or future business location, this home offers flexibility to fit your needs. Inside, spacious bedrooms with excellent closet space, two comfortable living areas. Great location and visibility. Just minutes from Tarleton State University, this property would make an excellent student rental or income-producing investment. Convenient access to shopping, dining, and local amenities adds to the appeal of this unique opportunity.
Perfectly positioned just three blocks from Tarleton State University, this attractive quadruplex offers a prime investment opportunity in the rapidly growing market of Stephenville. With continued expansion surrounding the university and strong tenant demand, this property is well-suited for investors seeking stable income potential and long term growth. Some of the units have been updated with granite countertops, luxury vinyl plank flooring and tile. Very functional 2 bedroom, 2 bath layouts designed to meet the needs of today’s renters. Each unit offers comfortable living spaces along with dedicated tenant parking, while the complex as a whole provides a total of 8 bedrooms and 8 bathrooms. Conveniently located near campus, shopping, dining, and local amenities, this turnkey multifamily property combines an excellent location with lasting investment appeal. Whether you are adding to an existing portfolio or entering the multifamily market, this is an opportunity worth considering. Buyer and buyer’s agent to verify all information.
Ideally located just three blocks from Tarleton State University, this well maintained quadruplex presents an outstanding investment opportunity in one of the fastest growing college markets in Texas. With strong rental demand driven by the university and the continued growth of Stephenville, this property offers both immediate income potential and long term upside. Some units have been thoughtfully updated with granite countertops and durable luxury vinyl plank flooring and tile. Each unit features a spacious 2 bedroom, 2 bath floor plan designed for comfortable everyday living. The property includes a total of 8 bedrooms and 8 bathrooms, along with dedicated parking for tenants, creating added convenience and appeal. Whether you are expanding your investment portfolio or securing your first multifamily asset, this turnkey property combines location, functionality, and steady rental potential in a highly desirable area near campus, dining, and local amenities. Buyer and buyer’s agent to verify all information.
Great property and great location!! Located just outside of Stephenville on Hwy 281!! There are amazing elevation changes giving you some fantastic views of this approx 62.5 acres (to be surveyed out of a larger plot, should follow the fence line, can be seen on documents in transaction desk)! The main house is 3 bed 3 baths and has had some recent updates including flooring and paint, it is located at the back of the property for peace and quiet. The older home on the property could use some TLC but would make a great bunk house as it is located right by the recently installed 6 stall barn. Property also includes a shop and detached carport. Located right behind the main house is an a great project that needs to be completed and would make a perfect pool house if you wanted to put a pool in the oversized back yard. This is a fantastic opportunity to have your very own ranch. There are so many possibilities with the property!
Great property and great location!! Located just outside of Stephenville on Hwy 281!! There are amazing elevation changes giving you some fantastic views of this approx 62.5 acres (to be surveyed out of a larger plot, should follow the fence line, can be seen on documents in transaction desk)! The main house is 3 bed 3 baths and has had some recent updates including flooring and paint, it is located at the back of the property for peace and quiet. The older home on the property could use some TLC but would make a great bunk house as it is located right by the recently installed 6 stall barn. Property also includes a shop and detached carport. Located right behind the main house is an a great project that needs to be completed and would make a perfect pool house if you wanted to put a pool in the oversized back yard. Another house located on 281 is situated on the property as well, giving an opputunity for rental income. This is a fantastic opportunity to have your very own ranch with multiple houses. There are so many possibilities with the property!
This charming 4 bedroom, 3.5 bath home sits in the highly sought after Walking Horse neighborhood. Step inside this impressive home-layout featuring a spacious living area with large windows overlooking a backyard with mature trees and custom diving pool and oversized hot tub. This home also has an open concept kitchen with Bosch appliances, and a cozy dining area ideal for family gatherings. The private master suite includes a walk in closet and dual sinks, while 3 additional bedrooms provide plenty of space for family or guests. A home office and bonus room upstairs only add to the possibilities this home provides. Outside, you'll find a large patio with fans and drop down shades. Enjoy the open space and peaceful setting with easy access to shopping, schools, and major highways. This Stephenville gem is ready to welcome you home!
Located close to town, this home sits on 10 acres, on top of a hill. From front porch you can see downtown Stephenville and watch beautiful sunsets. There are four bedrooms, three full baths and an office. Open concept in kitchen area and all walls in kitchen and living area are covered in shiplap.Ten foot ceilings and eight foot doors are throughout home.Plantation shutters on all windows and fireplace is propane. Flooring is wood ceramic tile. Sprinkler system. Covered carport at back door doubles as an entertaining area. Home is spray foam insulated. Shop is foam insulated, 40x60, with a fully insulated well room with water softener, toilet in there. Firepit is under group of mature Oak trees. Property is fenced with electric gate, cattle pen, working chute and cattle guards. Generac Generator outside home. Come see! New 600 sq foot cabin on property, money making, and red covered bridge. RV hookup. What a dream place!
Welcome Home! This 3 bedroom, 2-bath all-electric home offers a blend of comfort, cozy living, and conveniently located just blocks away from Tarleton State University, JC walking park, schools and shopping. Inside, you’ll find beautiful wood laminate floors, tile, stainmaster carpet, updated fixtures and a large utility room. The 2 car garage has a programable door opener. With exeception to the referigerator, the Washer, Dryer and Dishwasher stay with the property. Well maintained front and back yard offers a quaint covered back patio to enjoy your morning or evening cup of java. The perfect home for first time homebuyers, students, family or retirees. Don't miss this opportunity. Friendly neighbors!
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.
Built in 2012 is this custom-built home! This 3-2-2 brick home has an open concept, roomy kitchen with granite counters, built in appliances, split bedrooms, master bath with double vanities and double closets, decorative lighting, utility room, beautifully landscaped yard with wooden privacy fence, deck and gazebo. Shows Well!!!
Take Advantage of Owner Financing with a 3.5% rate and only 10% down payment! Looking for land right outside of town? You're only 6 minutes to Stephenville! Bring your vision to life! Build your custom home or Barndominiums are welcome! Discover a remarkable 10 acre tract ideal for equestrian enthusiasts and livestock owners alike. Property is AG Exempt for lower taxes! This pristine property boasts excellent soils, perfect for grazing and cultivation, and features a serene creek, enhancing its natural beauty. Towering established hardwoods provide shade and privacy, creating a tranquil setting for your dream home, barns, or an arena. There's also a community center you will have access to! With close proximity to Stephenville and Tarleton State University, you’ll enjoy the best of rural living while maintaining convenient access to urban amenities and educational opportunities. Whether you envision a sprawling ranch or a peaceful retreat, this versatile land offers endless possibilities. Bring your horses, cattle, and livestock or just enjoy having your own space. Don’t miss your chance to own this expansive oasis – your rural paradise awaits!
Welcome to your slice of Texas Spirit. Situated just outside the Cowboy Capital of the World, this beautiful Stephenville estate offers the perfect blend of cozy residential living with big mature shade trees and functional agricultural space. Discover the financial flexibility with this unique property featuring a well-maintained duplex-style residence, offering two complete living units, each with two bedrooms and one bathroom. Whether you’re looking for a dedicated guest house, a space for extended family, or a high-demand rental in the Cowboy Capital of the World, this layout delivers. Set on a little over three acres, the property is fully equipped for rural life with a large multi-stall barn, workshop, and fenced pastures. The duplex design is ideal for those seeking a private home office, a mother-in-law suite, or a turnkey setup for trainers and equestrian enthusiasts who need onsite housing. A rare find in Erath County that's perfect for those who want the country lifestyle with built-in income potential or guest quarters. Schedule your showing today!
Meticulously maintained acreage retreat with a true Texas Hill Country feel, gorgeous views in every direction, and 36.42 acres just outside Stephenville. Currently ag exempt per seller, this 4-bed, 2-bath all-electric home offers a blend of comfort, recreation, and functional country living, with convenient proximity to Tarleton State University and an easy drive to the Dallas-Fort Worth area. Inside, you’ll find hardwood and travertine floors, a wood-burning fireplace with leathered Italian marble hearth, and excellent storage with walk-in closets in every bedroom, two pantries, and ample closet space throughout. The remodeled kitchen features granite countertops, travertine backsplash, stainless steel appliances, double convection ovens, JennAir downdraft cooktop, refrigerator, dishwasher, and laundry sink. Both baths include double sinks; the primary bath offers a walk-in shower, while the hall bath has a tub-shower combo. Outdoor living is exceptional with an in-ground pool, waterfall feature, hot tub, patio areas, covered BBQ area, and poolside pavilion with electric for TV. The propane heater serves the pool and hot tub, making the space ideal for relaxing or entertaining. The land is a standout, with fenced pasture, pipe-fenced yard, outstanding landscaping, peaceful privacy, frequent deer sightings, a seasonal creek, and a fish-stocked tank that holds water year-round. Beautiful red oaks add to the setting and create gorgeous fall color. A livestock-ready barn includes an enclosed drive-through concrete area and hay storage, adding versatility for animals, equipment, hobbies, or projects. Additional highlights include a 9-zone yard sprinkler system, water softener, Class 4 impact-resistant roof, remodeled kitchen and baths, Lennox 16-SEER 4-ton HVAC components, 2025 electrical panel and breakers, and 2025 interior paint. From quiet mornings by the water to evenings by the pool, this polished country property is ready to enjoy.
This Beautiful 23.244 acre tract offers the perfect blend of open space and natural charm. Making it an excellent choice for horse property, homestead, or weekend retreat. Conveniently located between Tolar, Stephenville, and Glen Rose, the property provides peaceful country living with easy access to DFW. The land features an established entrance, coastal Bermuda grass, and sandy loam soil. Mature trees are located in the back of the property for shade and scenic appeal. Electricity is available at the road. Whether you're looking to build your dream home or simply enjoy wide open Texas land, this property is ready to meet your needs.
Buyers will appreciate the inviting sunroom, beautiful hardwood floors, and soaring high ceilings that create a bright, open feel throughout the home. The location offers convenient access to downtown and Tarleton State University, adding to its overall appeal. The kitchen stands out with an impressive amount of storage, featuring abundant cabinetry that provides both functionality and style. Natural light pours in through the many windows, enhancing the spacious layout and making the home feel warm and welcoming. An added advantage for investors or landlords is the unique layout—each bedroom has its own private exterior entrance, allowing for the option to rent rooms individually and maximize income potential.
Welcome to your dream retreat - 12 serene acres of Texas countryside, thoughtfully designed for comfort, function, and beauty. As you arrive, you’re greeted by a soaring covered front porch with new deck, framed by stone-accented flower beds and the gentle sway of mature shade trees. Step inside, and natural light pours through new windows with custom magnetic shades, illuminating this beautifully remodeled home with fresh interior and exterior paint. The heart of the home is an oversized kitchen featuring rich granite countertops, perfect for entertaining or simply enjoying a quiet morning. Featuring new Stainless Steel appliances including gas cooktop & oven, micro-vent, and dishwasher. The open layout flows effortlessly into the living and dining spaces, while both bathrooms feel like luxury spas - each showcasing handcrafted vanities and unique finishes. This 3-bedroom, 2-bath home includes a 2-car carport and generous outdoor living spaces. Stroll onto the new expansive back deck or unwind under the breezy awning - ideal for lazy afternoons or lively gatherings. A refreshing breeze whispers through the trees, and the relaxing backyard offers the perfect setting for outdoor living. But there’s so much more: A seasonal, meandering creek runs through the property, adding charm and peace. Horse lovers will appreciate the 3-stall barn with turnouts, a round pen, and a separate larger pen. The ~10 acres of coastal yield 15–20 bales, a pole barn, and a workshop with electricity for all your projects and equipment. Hay barn includes water, electricity, and RV & Trailer clean out for convenience. And, there’s even a new side fence for added privacy. Every inch of this property invites you to slow down and enjoy life - whether you’re riding at sunset, working in the shop, or simply sitting on the porch watching the seasons change. Come take a walk, you’ll fall in love!
Set on approximately ±30 acres just outside of Stephenville, this 2023-built property blends modern living with functional land use. The 3-bedroom, 2.5-bath home features beautiful stucco and stone walls, a durable composition roof, and a clean, open layout with comfortable living spaces and kitchen. An attached oversized garage offers plenty of room for a four-door dually pickup and everyday convenience, while additional features including a generator, water purifier system, and safe room provide added comfort and peace of mind. Ideal for livestock or horses, the land features sandy loam soil, mature oak and pecan trees, and is cross-fenced for easy pasture management. A barn and tack room, which could easily function as a shop or extra garage space, offers flexibility for equipment, hobbies, or future expansion. A tank adds both practicality and scenic appeal, serving as a water source and focal point for the property. Whether you’re looking to run livestock, enjoy wide-open space, or settle into a newer home with room to grow, this property delivers the perfect balance of comfort, function, and Texas countryside living.
Tucked into the established River North II Addition in Stephenville, this .34 acre lot is one of those finds that’s hard to come by. Mature trees line the property, offering added privacy and a beautiful, wooded backdrop. City water and sewer are available at the street for future connection. At nearly 15,000 square feet, there’s plenty of room to design something that truly fits. The adjacent home at 515 Spring Meadow (MLS #21306920) is also available, creating a unique opportunity for buyers interested in additional space, a multigenerational setup, or future investment potential.
Builders, Developers, Investors... LOOK HERE! This is an exceptional 3.51-acre tract, located just off W Washington, in one of Stephenville's fastest-growing corridors. Surrounded by brand new and established Multi-Family construction, this is the ideal location, on pavement, for your next Multi-Family project. This location offers both convenience and opportunity to downtown Stephenville, the Bosque River Trail, and the wildly trending Tarleton State University. Situated on the east side of town, this location also provides easy access to the very busy Highway 281, and Highway 377. The city has just recently stubbed out a multi-family sewer line at the rear neighboring boundary of the property. Currently, a 1012 SQ FT, 2-bedroom, 1-bath rental home sits on the property.
Stunning traditional home with modern fixtures, nestled in a highly desirable cul-de-sac and showcasing exceptional curb appeal. This beautifully maintained 5-bedroom, 3.5-bath property offers a spacious, thoughtfully designed layout with an open-concept floor plan ideal for both everyday living and entertaining. Inside, you’ll find gorgeous tile flooring, granite countertops, custom knotty alder cabinetry, and high-end finishes throughout. Stylish fixtures with a subtle rustic-inspired touch add warmth and character while maintaining a clean, updated feel. The heart of the home features a striking double-sided fireplace that seamlessly connects the living room to the outdoor living space, creating an inviting atmosphere inside and out. The downstairs layout features a desirable split-bedroom arrangement for added privacy, including two secondary bedrooms connected by a Jack-and-Jill bathroom. The expansive primary suite is a true retreat, complete with two closets including a large walk-in closet for exceptional storage. Upstairs, you’ll find two additional bedrooms, a full bathroom, a spacious game room or bonus room, and the added convenience of a second utility room, perfect for busy households or guests. Step outside to a backyard oasis featuring mature fruit trees and plenty of room to enjoy the outdoors. A detached 12x12 shed adds incredible versatility, complete with electricity, a mini-split system, and water hook-up, ideal for a workshop, hobby space, or private office. With its generous living spaces, beautiful finishes and prime location, this home offers the perfect balance of comfort, character, and modern convenience. Some photos are virtually staged and For Reference Only

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.