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.
Located on a quiet private road, this inviting country home at 390 Private Road 1632 offers space, comfort, and a peaceful rural setting just minutes from town. The thoughtfully designed floor plan includes 3 bedrooms and 4.1 bathrooms, providing flexibility for family living, guests, or multi-generational use. A 2-car garage adds everyday convenience, while the surrounding property offers a beautiful outdoor setting with room to relax, entertain, or enjoy the open space that country living provides. This home combines privacy with accessibility, making it an ideal option for buyers seeking a tranquil lifestyle near Stephenville. Now available and ready for showings. Owner is the seller and a licensed real estate agent.
Don't miss this cute 3 bedroom 2 bath home featuring a covered porch, mature shade trees, and a nice sized backyard. Situated on a quiet street with minimal traffic, this property is a fantastic option for investors or small family. Close to Tarleton State University.
Exceptional 1 acre commercial tract located in a high visibility corridor in Stephenville, just minutes from the high school, established businesses, and major traffic generators. This property offers outstanding exposure along a busy roadway, making it an ideal location for a wide range of commercial uses. Zoned B1, the tract is well suited for professional offices, retail, medical, service businesses, and other neighborhood oriented commercial developments. The flat, usable acreage provides flexibility for building layout, parking, and signage, while the strong traffic count enhances long term value and visibility. BUILINDG IN PICTURE WAS CREATED BY AI TO GIVE AN EXAMPLE With continued growth in Stephenville and limited commercial land available in this area, this property presents a rare opportunity to secure a strategic location for your business or investment portfolio.
Cedar Park Cabins – Income-Producing Country Retreat Near Stephenville Welcome to Cedar Park Cabins, a unique opportunity featuring five fully renovated cabins situated on a peaceful 6.5 acre property just outside Stephenville, Texas. This turnkey property offers a beautiful country setting while remaining conveniently close to town, making it ideal for short-term rentals, extended stays, or a private retreat. The cabins are located in Bluff Dale and attract business from Stephenville, Granbury, Glen Rose, and other locations. Each cabin has been thoughtfully updated and includes a full kitchen with essential appliances, comfortable living space, and modern finishes throughout. Guests and owners alike can enjoy shared outdoor amenities including a swimming pool and fire pit, perfect for relaxation and entertaining while surrounded by nature. The property provides a quiet, private atmosphere with ample space to unwind, while still offering easy access to nearby attractions. Location Highlights: Approximately 15 minutes to Tarleton State University and Stephenville Approximately 18 minutes to Dinosaur Valley State Park This property presents a rare blend of tranquility, functionality, and proximity to key destinations, offering strong potential for income and personal enjoyment. If interested in additional acreage, 98.12 acres for sale beside this listing. Please contact agent for more information.
Welcome to Diamond C Ranch Estates, a prestigious gated community where luxury blends with the tranquility of country living. Diamond C Ranch Estates is home to exquisite properties, blending exclusivity with a warm sense of community.This exceptional 5.375-acre property offers a rare opportunity to craft a custom masterpiece on rolling terrain surrounded by breathtaking views and mature trees, providing natural beauty and privacy. The property features a newly installed, private well, underground electricity, a driveway and a house pad—all thoughtfully installed to save you time and money. Custom house plans have been designed for this site and are included, offering a head start on your vision. Located outside the city limits yet only 10 minutes from downtown Stephenville. Picture yourself waking up to sweeping views, surrounded by majestic trees and the serene ambiance of your private retreat. This is more than just a property—it’s your opportunity to create something extraordinary. Currently, this is the only remaining lot for sale at Diamond C Ranch, don’t miss the opportunity. With that in mind, the seller is a builder and willing to build your home cost plus 15%, which should save over 10%! And there is already a house plan in place for those that are looking for something turnkey.
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
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 **
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
Great golf course home!! Check this one out!! Located in Golf Country Estates and on the number 5 fairway of Legends Golf Course! This home features 4 bedrooms, 2 full baths and 1 half bath! It has a open concept kitchen, living and dining room area! The primary bedroom is downstairs and the remaining 3 bedrooms are upstairs! The garage is oversized and will accommodate 2 larger vehicles! Crenshaw Street is a great place to live and raise a family! All the homes on the street were built in the past few years, and it is a Cul De Sac which reduces traffic! This is without a doubt one of our most desired locationsin Stephenville! If you think this is the one for you, come take a look and make it your very own!!
Enjoy golf course living in this beautiful executive home on the 8th fairway in Golf Country Estates. Designed for entertaining and comfortable for every day, this home offers two living areas, two dining areas, four bedrooms and three full baths. Custom features throughout make this property a must-see. The resort-style pool, outdoor entertaining area, hot tub, and sauna provide a luxury staycation that can be enjoyed year-round.
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!
Come check out this cut little 2 bedroom, 1 bathroom house just down the street from Tarleton State University! It's in a perfect location for a college student or if you're looking for a income producing property. This would make a great starter home as well! The wood floors are in great shape and the washer and dryer come with the house. The backyard is a nice size with a good fence and even has a little shop with electricity! This little house checks all of the boxes, so don't hesitate to come give it a look!
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.
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.
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.
Great location and a corner lot! This home is located in a great area, close to the University and the corner lot provides so many potential opportunities! The lot is zoned R-3 for multi family use! The home has recently been painted inside and out, new flooring throughout and a new metal roof installed! The home is currently rented on a month to month rental contract that can be extended or terminated. This is a budget friendly three bedroom home! Come take a look and see if this is the one for you!
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.
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!
Escape to the country with this stunning 10.8 acre property just minutes from Stephenville. Featuring a beautiful mix of mature trees this tract offers privacy, shade and endless potential. The ground is excellent for building your dream home, running livestock or creating your private retreat. There was a brand new water well installed in 2024, also. Enjoy the peace and quiet of rural living while still being close to town amenities, schools and shopping.
Escape to the country with this stunning 10.8 acre property just minutes from Stephenville. Featuring a beautiful mix of mature trees this tract offers privacy, shade and endless potential. The ground is excellent for building your dream home, running livestock or creating your private retreat. Enjoy the peace and quiet of rural living while still being close to town amenities, schools and shopping.
Perfect for the Equine Enthusiast! Just outside the Stephenville city limits sits this meticulously maintained 3 bedroom, 2 bath home on 15 plus beautiful ag exempt acres—a rare find in a prime location ideal for an equine business or hobby operation. An ornate wrought-iron gated entrance welcomes you into the beautifully landscaped yard. Inside, the home features a spacious living area, oversized windows bringing in natural light with a cozy fireplace with heat blower, built-in bookshelves, a separate dining room, a security system and a central vacuum. The kitchen offers granite countertops, abundant storage. The home has been impeccably kept inside and out. Additional features include an attached two-car garage, plus a bonus insulated garage or shop with extensive attic storage, perfect for projects or extra equipment. The home also includes a water softener and RO system, brand new roof, and a sprinkler system for easy maintenance. Step outside to enjoy the covered back porch, charming brick-accented patio, and peaceful views of the property. The acreage offers beautiful, scenic pastures, a worked-up riding area, and a separate private driveway leading to the barn. The barn provides room for 4 plus horses, covered equipment storage, hay storage, and a flexible space that could easily be finished out as an apartment or office with electricity and water heater. A lean-to in the back pasture offers additional shelter, and the property backs up to a quiet riverfront setting. This turnkey property has everything an equine owner is looking for with location, land, facilities, and a beautifully maintained home.
Discover the perfect blend of character, comfort, and convenience in this beautifully renovated 2-bed, 2-bath home, located just steps away from Tarleton State University. Originally built in 1945 and completely remodeled in 2020, this property offers the charm of an established neighborhood paired with the peace of mind of modern systems and finishes—truly move-in ready with nothing left to do. Step inside to an open and inviting layout featuring a spacious living room, dining area, and kitchen ideal for both everyday living and entertaining. The kitchen showcases granite countertops and plenty of cabinet space, while flowing seamlessly into the main living area for a warm, contemporary feel. Both bathrooms feature stylish, modern fixtures. Situated on a gorgeous, tree-covered lot, the outdoor space is just as impressive. Enjoy the large covered patio for relaxing or hosting gatherings, plus a detached storage shed and a single carport for added convenience. The washer, dryer, and refrigerator all convey—making your move effortless. This adorable home is located in a quiet Stephenville neighborhood and within easy walking distance to campus, offering unbeatable proximity to everything town has to offer. With new systems throughout including HVAC and hot water heater this is the ideal blend of charm, space, and turnkey living.
Discover the perfect blend of convenience and charm with this charming six bedroom, two and a half bath manufactured doublewide home just outside of Dublin, TX. This home features central heat and air, laminate hardwood flooring and a fireplace for those winter nights. Nestled on a generous half acre lot, this property offers ample space for living, entertaining and enjoying the outdoors.
Lightning Bar Ranch – Premier Equestrian Facility Minutes from Downtown Stephenville Welcome to Lightning Bar Ranch, a premier turn-key horse property nestled just minutes from the heart of Stephenville, TX — the Cowboy Capital of the World. Designed with the serious competitor in mind, this exceptional ranch offers world-class training amenities alongside ranch-style comfort and convenience. At the heart of the property is a 175' x 250' covered arena, ideal for barrel racing, team roping, calf roping, and more — fully equipped with a calf lane, catch pen, and chute for smooth practice or events. A 20-stall barn anchors the horse facilities, featuring two tack and feed rooms — one complete with a rotating saddle wall, the other plumbed and ready to convert into a cozy apartment. There's even room to expand with additional stalls or add turnouts. The ranch also includes: • (2) tanks providing water and serene views • Numerous turnout pens for flexibility and horse management • A massive 8,800 sq ft building featuring: • 110 ft swim lane for conditioning • 10 custom stalls • Office, laundry, and full bathroom • Covered custom Wildfire Walker for high-level training Supporting operations is a 40’ x 80’ machine shed for equipment, feed, and storage, plus a charming one-bedroom cottage — perfect for guests, staff, or rental income. Whether you’re training champions or simply looking for a private horse haven, Lightning Bar Ranch delivers elite infrastructure in a prime location with no compromises. Pro forma revenue available upon request.

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.