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$935,000
21378104 MLS
55.5 scenic acres between Stephenville and Hico, just off Hwy 281! This versatile Central Texas property offers gently rolling terrain, expansive long-range views, a seasonal creek lined with mature hardwoods, native cedar, and excellent whitetail deer habitat. A mix of open acreage and wooded cover makes the property well suited for horses, cattle, hunting, recreation, or a private homesite. Multiple elevated areas provide attractive building-site potential with views stretching for miles across the surrounding country. The property adjoins the well-known Lazy M Ranch, adding to the area’s strong cattle ranching traditions. An existing pond site offers future improvement potential, and a rustic cabin previously used for camping and weekend retreats features a solid roof and offers potential for restoration or use as a simple hunting camp. County road frontage with electricity available across the road. Approximately 15.31 acres are in Erath County and 40.19 acres in Hamilton County. If you’ve been searching for acreage near Stephenville or Hico with views, wildlife, and room to build, hunt, run livestock, or simply get away, this property is worth seeing in person. Schedule your private showing today!

Tbd County Road 247, Hico, TX

$249,000
21347466 MLS
Great lot close to the University! Check out this opportunity! This lot is located a couple blocks from Tarleton State University! It is currently zoned IND Industrial, but there is a very likely possibility of getting it rezoned to R 2.5 or R3! There is road frontage on two sides! It is very level and buildable! Tarleton is one of the nations fastest growing universities, and it shows no signs of slowing down anytime soon! If you are looking for an opportunity to build some townhomes, duplexes or apartments, then here it is! It would be also a great place to build some contractor shops or other commercial buildings! Lots like this are getting harder and harder to find, so come take a look and see if this is the one for you!

717 N Mccart St, Stephenville, TX

$249,900
21321434 MLS
* 0.5+- Acre Multi-Family Development Site * 3-Street Frontage * Short Walk to TSU Location: Short Walk to Tarleton State University, Chamberlain and Hook Elementary 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 0.5+- acre tract offers unparalleled flexibility for a high-density residential project. Positioned just blocks from Tarleton State and Stephenville schools, this is the premier location for student housing, an apartment complex, or a luxury townhome community. Strategic Advantages: Location, Location, Location 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. Offered as four 0.5+- acre tracts or one 2.0 acre tract MLS#21222791 Invest in Stephenville’s growth now! Contact us today for site details.

Lot 4R4 Ollie, Stephenville, TX

$249,900
21321426 MLS
* 0.5+- Acre Multi-Family Development Site * 3-Street Frontage * Short Walk to TSU Location: Short Walk to Tarleton State University, Chamberlin and Hook Elementary 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 0.5+- acre tract offers unparalleled flexibility for a high-density residential project. Positioned just blocks from Tarleton State and Stephenville schools, this is the premier location for student housing, an apartment complex, or a luxury townhome community. Strategic Advantages: Location, Location, Location 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. Offered as four 0.5+- acre tracts or one 2.0 acre tract MLS#21222791 Invest in Stephenville’s growth now! Contact us today for site​​‌​​​​‌​‌​​​​‌‌​​‌‌​‌‌​​‌​​​‌​‌ details.

Lot 4R3 Ollie, Stephenville, TX

$249,900
21321417 MLS
* 0.5+ Acre Multi-Family Development Site * 3-Street Frontage * Short Walk to TSU Location: Short Walk to Tarleton State University, Chamberlain and Hook Elementary 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 0.5+ acre tract offers unparalleled flexibility for a high-density residential project. Positioned just blocks from Tarleton State and Stephenville schools, this is the premier location for student housing, an apartment complex, or a luxury townhome community. Strategic Advantages: Location, Location, Location 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. Offered as four 0.5+- acre tracts or one 2.0 acre tract MLS#21222791 Invest in Stephenville’s growth now! Contact us today for site details.

Lot 4R2 Ollie, Stephenville, TX

$249,900
21319652 MLS
* 0.5+ Acre Multi-Family Development Site * 3-Street Frontage * Short Walk to TSU Location: Short Walk to Tarleton State University, Chamberlain and Hook Elementary 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 0.5+ acre tract offers unparalleled flexibility for a high-density residential project. Positioned just blocks from Tarleton State and Stephenville schools, this is the premier location for student housing, an apartment complex, or a luxury townhome community. Strategic Advantages: Location, Location, Location 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. Offered as four 0.5+- acre tracts or one 2.0 acre tract MLS#21222791 Invest in Stephenville’s growth now! Contact us today for site details.

Lot 4R1 Ollie, Stephenville, TX

$325,000
21313340 MLS
Prime Development Opportunity in the Heart of Stephenville – Zoned B-3 (Central Business District). Unlock the full potential of this rare 0.35-acre combined tracts. This prime property presents a wealth of opportunity for savvy investors, builders, and developers. Strategically positioned just 3 minutes from downtown Stephenville and a short 5-minute drive to Tarleton State University, this site offers convenient access to the city’s core attractions, schools, and major thoroughfares. Grocery stores, shopping centers, eateries, and essential services are all just minutes away, making it a highly attractive area for both residential and commercial projects. This property allows for versatile development options, including Single or Multi-Family Residential, Commercial-Retail, and Mixed-Use Projects. This zoning flexibility opens the door for a range of investment strategies, from rental housing and student accommodations to office or retail space, catering to the city’s growing population and economic expansion. Adding to its value, the property is located just steps from the scenic Bosque River Walking Trail a popular outdoor amenity that enhances quality of life and adds marketability to any future development. Also, just three blocks from the city park that is bustling with activities and events year round. Whether you’re looking to establish a new business presence, expand a rental portfolio, or bring a visionary multi-use concept to life, this property is a strategic asset poised for long-term growth. Don’t miss this exceptional opportunity to acquire land in one of Stephenville’s most sought-after and flexible zoning areas — ideal for those looking to build smart in a flourishing market.

Crow St, Stephenville, TX

$1,122,325
21309817 MLS
LOCATION, LOCATION, LOCATION!!! This is the one you've been looking for! Acreage like this is rarely available close to Stephenville! Location, versatility, and opportunity come together on this 44.893 acre tract situated directly on Hwy 281 with over 1,100 feet of valuable road frontage. The sky is the absolute limit with this property due to its visibility and access. It makes its a PRIME location for commercial use, private use, or both! The land has about great sandy loam soil and improved grass all along the highway making it ideal for horses, cows, or other livestock. The backside of the property features huge hardwoods and cover with several ideal building spots should you choose to go that route. All of the hard work will be done because there will be a BRAND NEW water well, electric meter, and new fences where recently surveyed. You just have to choose how you're going to paint your new blank canvas! Properties offering this combination of location, soil quality, road frontage, and flexibility are hard to find! Come take a look before this one is gone!

Tbd Tr 5 Us Hwy, Stephenville, TX

$1,144,678
21309639 MLS
PRIME HUNTING PROPERTY minutes from Stephenville! Take a look at this 67.334 acres of this premium Texas countryside located about 3.5 miles from Stephenville. If you’ve been searching for the perfect recreational or hunting property, this one checks all the boxes. This property offers abundance deer and turkey along with plenty of hardwoods and native brush that provide excellent cover. You’ll even find wild blackberries and grapes scattered throughout the property. The acreage is fully fenced with brand new interior fencing and is ready for immediate use. There are a few stock tanks scattered around the property which just adds to the many locations for ground blinds, stands, feeders, etc. Sandy loam soil and gently rolling elevation add character and functionality as well. While the setting feels secluded and peaceful, you’re just five minutes from the city limits, making convenience truly unmatched. With access from Hwy 281, electricity runs along the lane to the property making it easy to install a meter for an RV, weekend cabin, or future homesite. The sandy ground also makes this an ideal setup for horses and the improved pasture can easily accommodate cattle or other livestock. With a blend of open pasture and wooded areas, this property offers versatility and a true blank canvas for your vision whether that’s a weekend getaway, horse property, or a private forever home. Enjoy the privacy of country living without sacrificing quick access to Stephenville’s schools, shopping, and community amenities. Opportunities like this don’t come around often so come take a look!

Tbd Tr 4 Us Hwy, Stephenville, TX

$200,000
21308370 MLS
LOCATION, LOCATION, LOCATION! Unlock incredible investment potential with this centrally located lot in the heart of Stephenville. This property is a clean slate already zoned to accommodate single-family, duplex, or triplex development. Positioned for maximum rental demand, it sits just minutes from Tarleton State University, within easy walking distance to the city park, and moments from vibrant downtown Stephenville. Whether your goal is to build highly profitable student housing, a long-term income-producing duplex, or premium multi-family units for future resale, this high-demand location offers endless possibilities. City water and sewer are already in place—bring your builders and your vision to capitalize on Stephenville's booming market!

563 E Long St, Stephenville, TX

$1,264,623
21308191 MLS
Check out this beautiful 68.358 acre property located only 5 or 6 miles from Stephenville, Tx. The land has been completely fenced with brand new interior fencing and is ready for immediate use. It features a nice stock tank, sandy loam soil, and rolling elevation throughout. One of the best features of the property is the 10-acre improved pasture that’s already established with quality grass anchored by a GIANT pecan tree. It would make an awesome place to put an arena, horse barn, turn outs, house, or all of the above! Several attractive homesites have been cleared, offering nice views and a great setting to build whatever your heart desires. The property will come with a BRAND NEW water well and electric meter, so you can get started on construction without delay. All of the major improvements have already been taken care of! This property offers a true blank canvas with plenty of versatility. The improved pasture is well suited for horses or cattle, while the elevation changes and mix of open and wooded areas create excellent opportunities for recreation. Whether you’re looking for a livestock setup, a peaceful homesite, or a place to enjoy the outdoors, this acreage has a lot to offer. Situated in Erath County, this property gives you the best of both worlds, privacy in the country with easy access to Stephenville’s schools, shopping, and community events.

Tbd Tr 3 County Rd, Stephenville, TX

$1,106,096
21308114 MLS
Take a look at this beautiful 59.789 acre property located only 5 or 6 miles from Stephenville, Tx. Newly fenced and ready for immediate use, the land features a stunning blend of mature oak trees, sandy loam native pasture. The ground out here would be perfect if you're looking for a spot to build horse facilities. There are several beautifully cleared home sites that offer beautiful views for building your dream home, barndominium, or weekend retreat. A BRAND NEW water well and electric meter will be in place, allowing you to break ground quickly and easily. All of the hard work has been done already! This versatile acreage is truly a blank canvas. The pastures are excellent for horses, cows, or other livestock. The mixture of hard woods and open ground also provides outstanding opportunities for recreation, camping, and hunting. Whether you're looking for a horse property, hunting retreat, a place to ride dirt bikes or 4 wheelers, or simply looking for a peaceful piece of privacy, the is the spot for you! Located in Erath County with convenient access to Stephenville’s amenities, schools, and community events, this property offers the perfect balance of privacy and convenience.

Tbd Tr 2 County Rd, Stephenville, TX

$999,000
21307796 MLS
If you're looking for acreage that's close to town but provides plenty of privacy, YOU FOUND IT! This property sits just 5-6 miles north Stephenville, Tx and is exactly what everyone has been searching for. Gorgeous mix of trees, great sandy soil, a convenient location to town, and plenty of room to spread out and enjoy the country. This tract is 44.817 acres and has it all! You'll find a beautiful blend of trees and native pasture, perfect for livestock, recreation, or building your dream home. There are TWO tanks and a wet weather creek running through the property, so you'll have plenty of water and a great spot to fish or watch the deer and turkey come in. The whole place is newly fenced and ready to go, plus it will have a water well and electric meter installed, making it build-ready from day one! You just can't beat the combination of privacy, sand loam soil, and convenience that this property has to offer. There is truly nothing else like this on the market! If you're looking for acreage in this area, you better act quick because a property like this won't last long!

Tbd Tr 1 County Road 164, Stephenville, TX

$12,975,000
21299476 MLS
Located just 7 miles from Stephenville, the Cowboy Capital of Texas, this exceptional 1,150± acre ranch offers a rare combination of productive cattle country, outstanding hunting, abundant water, and future investment potential. Richardson Creek traverses the ranch and has been dammed to create a scenic several-acre lake, providing excellent fishing, waterfowl habitat, and a reliable water source. The ranch features excellent grazing pastures, sandy soils ideal for horses, massive hardwood bottoms, live oak motts, cedar breaks, and rolling topography with impressive views throughout. Improvements include two sets of cattle working pens, two water wells, a 40x25 shop, and an extensive network of ranch roads and trails providing access across the property. Wildlife is abundant with exceptional populations of whitetail deer, hogs, waterfowl, and other native game species. The diverse habitat, combined with Richardson Creek, the lake, hardwood bottoms, and thick cover, creates outstanding recreational and hunting opportunities. Rich in history, the ranch includes the former Tarleton State University research ranch and observatory, adding a unique legacy component rarely found in today’s market. With limited structural improvements, the property presents endless opportunities to develop a premier recreational ranch, cattle operation, equestrian property, or legacy family retreat. Numerous locations offer ideal homesites, and the terrain provides excellent potential for additional lakes and ponds. The main ranch entrance is located on County Road 182, with the added benefit of a granted and deeded 70-foot-wide easement from Highway 67 near the Stephenville Rodeo Grounds, providing exceptional accessibility and long-term value. An incredibly diverse ranch offering productivity, recreation, history, and investment potential in one of North Texas’ most sought-after ranching regions.

5090 County Road 182, Stephenville, TX

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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