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$670,000
3 Beds 2 Baths 21185692 MLS
This stunning 3.1 acre property has a multitude of possibilities with a charming 3 bedroom and 2 bathroom house. The house has been newly remodeled with beautiful granite countertops and lovely two-toned farmhouse style kitchen cabinets. Both bathrooms are spacious with walk in showers and plenty of countertop space. Quaint breakfast nook as well as an air-conditioned sunroom both with lots of natural light and a perfect view of the arena. Arena is equipped with roping boxes and chute as well as a couple of nice size traps for horses and cattle. Just above the arena is 50 ft by 60 ft equipment barn that could house equipment, hay and feed or easily be converted into a horse barn. There is also a 40 ft by 40 ft building that is currently be used as a tack room plus well house. Towards the front of the house to the right is a small rustic building with lots of potiential and a metal shed tall enough to park a trailer or RV. The highway frontage of this property would make this perfect to have your business in or rent it out to another business and have the convenience of managing everything right in your own backyard. Either way you look at this entire property it has great potential to be an income driven home. Schedule a time with me and let's go take a look at your next dream property.

2720 N Us 377, Stephenville, TX

$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, TX

$1,230,000
21177032 MLS
Prime Commercial Lot in a High-Traffic Location This exceptional property is situated on the highly sought-after Senator Robert J. Glasgow Loop (formerly NW Loop) in Stephenville, offering unparalleled visibility and accessibility. Boasting approximately 285 feet of road frontage with city utilities conveniently available at the curb, this site is perfectly positioned for business success. There is also a permitted TXDOT entrance off of the loop that has not been constructed yet giving easy access to the property from the loop. Comprising two full lots and a partial third lot, the property spans approximately 3.76 acres. According to State of Texas traffic data, an impressive 9,494 vehicles pass by daily, ensuring maximum exposure for your enterprise. Opportunities like this are rare—this is undoubtedly one of the most desirable commercial lots available in Stephenville. Secure this prime location for your business today!

Tbd Senator Robert J. Glassgow Loop, Stephenville, TX

$89,999
21170547 MLS
Discover your ideal retreat on this exceptional 3.69-acre lot in the gated Sunrise Mountain Ranch community near Stephenville, Texas, priced at just $100,000. What sets this property apart from others in the development is its captivating natural features: dramatic elevation changes create sweeping hill-country views, mature wooded areas provide privacy and shade, and a serene creek runs along the back boundary, combining to deliver breathtaking panoramas and the peaceful sounds of flowing water right from your future homesite. Enjoy the perks of this premier gated neighborhood, including asphalt roads, perimeter fencing for added security, and nearby private waterfront community areas. With utilities available at the road, this build-ready parcel offers the perfect canvas for your dream home, barndominium, or peaceful escape, blending tranquility, wildlife appeal, and stunning vistas in one of Texas's most scenic settings. Schedule a viewing today to experience why the views make this the standout choice in Sunrise Mountain Ranch.

Lot 40 Outpost, Stephenville, TX

$170,000
1 Beds 1 Baths 21167479 MLS
Escape to the quiet outskirts of Stephenville, the Cowboy Capital of the World, with this versatile 1-acre gem. Located on a peaceful private road, this property offers the perfect blend of move-in-ready comfort and future potential. The heart of the property features a cozy, 640 sq ft, 1-bedroom, 1-bathroom single-wide home, highlighted by a front porch—the ideal spot for morning coffee or watching the Texas sunset. A clean, professional 80x20 concrete drive leads you to the standout feature: a 20x25 detached 2-car garage and shop. Fully equipped with electricity, this space is a dream for hobbyists, mechanics, or anyone needing secure storage for their gear and toys. You will also find 2 RV hookups on the property. With a full acre at your disposal, you have the freedom to expand. Whether you’re looking to build your forever home later, start a garden, or simply enjoy the elbow room, this property is a blank canvas.

140 Private Rd, Stephenville, TX

$65,000
21168550 MLS
Step into a rural retreat designed for the discerning dreamer: a beautiful 2-acre tract in Sunrise Mountain Ranch, a gated enclave just outside Stephenville in scenic Erath County. Imagine your future home sheltered among mature trees, the crisp country air surrounding you, and evenings where the sky reveals a blanket of stars. Here, you’re free to design your lifestyle whether that’s a custom home, a weekend escape, or a place where family gathers and memories grow. The community offers a thoughtful blend of peace, privacy, and purpose with paved roads, utilities available, and amenities like community ponds and pavilions that make daily life feel like a getaway. Yet you won’t feel isolated you’re just minutes from town, restaurants, shopping, and all the charm of Stephenville. With this property, you get the excitement of crafting something special and the ease of being within reach of urban conveniences. It’s the perfect stage for whatever next chapter you imagine: outdoor hobbies, hobby ranching, quiet evenings, and mornings with coffee on the porch. The land awaits your vision. The surroundings invite relaxation. Your future begins here at Sunrise Mountain Ranch.

122 Mesa Vista Dr, Stephenville, TX

$699,000
21152834 MLS
RARE turnkey in Prime location with existing plans to include 33 townhomes. The word is out Tarleton is D-1 and the buying window is short before the large funds come to town. With Tarleton State University less than 1 mile, this property offers investors an opportunity to capitalize on the demand needed for student housing. Zoned for both residential (R-2) and industrial use, the site provides flexibility for multiple development strategies in addition to the student housing. Adjacent to the newly developed Purple Rail townhomes, the property is ideally positioned to attract consistent rental demand and long-term appreciation. The 33 townhome units were developed by a team of architects, engineers and project managers. This is ready to go saving you significant time and money in the development process. Get in before you can not afford to!

715 N Paddock St, Stephenville, TX

$585,000
4 Beds 3 Baths 21154552 MLS
Built in 2022 and set on a permanent slab foundation, this stunning 4-bedroom, 3-bathroom home spans 2,063 square feet and is designed with a discerning eye for the modern farmhouse aesthetic. Step inside to an open-concept layout defined by high ceilings and oversized windows that flood the space with natural light and frame beautiful views of the pasture. The heart of the home is a spacious, eat-in kitchen featuring stainless steel appliances and a classic stainless farm sink that is perfect for entertaining the whole family. The luxurious primary suite is oversized, boasting a separate walk-in shower, a relaxing soaking tub, and a large walk-in closet. This offering includes 22.053 acres of Ag Exempt land, ensuring lower property taxes while giving you the freedom to bring your livestock, ride ATVs, hunt, and enjoy your own expansive piece of Texas. The land features pasture, brush, and native trees, offering privacy and a truly secluded feeling while being just minutes from Tarleton State University and all of Stephenville's amenities. Special Incentive: While the property is currently graced with natural cedar and timber, the SELLER WILL ENTERTAIN CLEARING SOME TIMBER WITH AN ACCEPTABLE OFFER! This provides a fantastic opportunity for the new owner to customize the land's landscape and improve the pasture. This property is a rare find, combining a quality, modern home with sought-after, tax-advantaged acreage. Come enjoy the quiet country life with close proximity to town! The soil is good for grazing and moderate farming. The property is cross fenced in the back. This one is ready for you to move in and immediately enjoy!!

2510 County Road 182, Stephenville, TX

$175,000
21152946 MLS
This lot presents a compelling investment and development opportunity in a growing North Central Texas market. The property is currently zoned B-2 (General Retail & Commercial), allowing for a wide range of commercial uses including retail, office, and service-oriented businesses. Its location offers convenient access to major roadways, nearby businesses, and the broader Stephenville area, making it well-suited for owner-users or investors seeking commercial exposure. In addition to its existing commercial zoning, the property offers potential upside for future redevelopment. With the continued growth of Stephenville and increasing demand for housing, the site may be a candidate for rezoning to multifamily, subject to city approval.

811 N Miller, Stephenville, TX

$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, TX

$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, TX

$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, TX

$1,450,000
4 Beds 2 Baths 21139652 MLS
Dream Farm and Ranch Retreat: A Perfect Blend of Comfort and Functionality! Discover your own piece of paradise with this stunning 2022 2400sq ft. modular home nestled on a sprawling expanse of land, designed for those who crave the serenity of rural living without sacrificing modern amenities. With plenty of room to roam, this property offers a lifestyle filled with possibility! Equestrian Excellence: Horse lovers will appreciate the dedicated horse stalls, providing a safe and comfortable environment for your equine companions. Workshop Wonder: Unleash your creativity in the expansive 2000+ sq ft workshop with 20ft overhang on each side, it is also plumbed for a bathroom and kitchen. Ideal for hobbies, projects, or storage, this versatile space can accommodate all your needs. Farming Potential: With two stock tanks for livestock and cattle pens along, this property is ready for your farming ambitions. Whether you’re raising cattle, goats, horses or starting a garden, the sky's the limit! Water Abundance: Enjoy the peace of mind that comes with two water wells, ensuring your needs are met year-round. Room to Grow: With ample space for expansion, you have the freedom to create your dream homestead, add more livestock, or simply enjoy the vast, open landscapes. Whether you’re an aspiring farmer, an equestrian enthusiast, or simply seeking a tranquil escape from the hustle and bustle of city life, this property is a rare find that combines luxury with practicality. Don’t miss out on your chance to own this incredible farm and ranch retreat! Schedule a viewing today and start living the lifestyle you've always dreamed of. Your perfect home awaits!

4565 County Road 140, Stephenville, TX

$1,650,000
4 Beds 3 Baths 21137302 MLS
This unique 24.6+- acre property seamlessly blends custom living with top-tier equestrian amenities. The 2,900+- s ft home features four bedrooms, three bathrooms, and two spacious living areas, enhanced by custom oak doors and striking custom chandeliers throughout. Outdoor living is elevated with a pool, waterfall hot tub, and a covered rock outdoor cooking area, perfect for entertaining. An in-ground propane tank runs the grill, hot tub, and pool. Designed with horse owners in mind, the property includes four cross-fenced pastures, three ponds, three large turnout shelters, and two pipe water lots. The equestrian facilities are anchored by a 150 ft x 300 ft pipe arena with pens, a Priefert solar chute, adjustable head box, and a four horse programmable free flow panel walker. The 25 ft by 30 ft insulated, finished, and heated shop features shed-row style stalls (three total) and one pen, offering both functionality and convenience. A rare opportunity to own a well appointed home with thoughtfully designed facilities, ideal for seeking comfort, privacy, and performance in one impressive property.

7690 County Road 417, Stephenville, TX

$84,900
21134593 MLS
2 Acres, No Restrictions, Endless Possibilities, 3 Tracts. Discover a rare opportunity just outside Stephenville with these new 2-acre lots offering no restrictions and exceptional flexibility. Tucked away in a private setting yet conveniently located close to Stephenville and the 377 Arena, this property is ideal for those seeking space, freedom, and accessibility. With no HOA and no restrictions, you have the freedom to build or place what fits your vision. Whether that’s a tiny home, mobile or manufactured home, barndominium, shop, apartments, or a custom residence. Perfect for residential use, investment, or a combination of both. Currently, Ag Exempt but you will need all 3 lots to keep it, 6 acres. Lot 2 has road frontage on two sides. Enjoy the peace and privacy of country living without sacrificing proximity to town, events, and amenities. These lots provide the ideal blend of privacy, location, and opportunity. Whether you’re looking to build now or invest for the future, this property offers many options and unlimited potential. Take Hwy 377 from Stephenville towards Bluff Dale, right on County Road 179, go 1.5 miles and property will be on your left. You will see a new road. 3 tracts, 2 acres each, on the right of new road, Feymus Court.

Tbd 4 Feymas Ct, Stephenville, TX

$84,900
21134580 MLS
2 Acres, No Restrictions, Endless Possibilities, 3 Tracts. Discover a rare opportunity just outside Stephenville with these new 2-acre lots offering no restrictions and exceptional flexibility. Tucked away in a private setting yet conveniently located close to Stephenville and the 377 Arena, this property is ideal for those seeking space, freedom, and accessibility. With no HOA and no restrictions, you have the freedom to build or place what fits your vision. Whether that’s a tiny home, mobile or manufactured home, barndominium, shop, apartments, or a custom residence. Perfect for residential use, investment, or a combination of both. Currently, Ag Exempt but you will need all 3 lots to keep it, 6 acres. Lot 2 has road frontage on two sides. Enjoy the peace and privacy of country living without sacrificing proximity to town, events, and amenities. These lots provide the ideal blend of privacy, location, and opportunity. Whether you’re looking to build now or invest for the future, this property offers many options and unlimited potential. Take Hwy 377 from Stephenville towards Bluff Dale, right on County Road 179, go 1.5 miles and property will be on your left. You will see a new road. 3 tracts, 2 acres each, on the right of new road, Feymus Court.

Tbd 3 Feymas Ct, Stephenville, TX

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

120 Bunkhouse Rd, Stephenville, TX

$1,285,000
21128144 MLS
Welcome to everything the Cowboy Capital of the World embodies on this 35 acre restricted Huckabay ISD retreat. Be the fundamental lead to a brand new development, and operate a horse motel, stable or training center for the upcoming Palomino Run Development, a planned, horse friendly community convenient to both I20 and Stephenville. Nestled among sprawling acreage farms, this property includes 2 covered 3400 sq ft barns that could easily be converted to horse stalls or hay storage, covered holding pens, a commodity barn, 3 phase electricity, hay sheds, water well and majority of perimeter fence in place. Embrace the elevation opportunities by building your dream home on top of the hill and enjoy views for miles. This is a rare opportunity to be the first and largest land owner within the boundaries of an upcoming subdivision. Additional acreage available. Call to schedule your private showing today!

3388 County Road 428, 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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