5090 County Road 182 Stephenville, TX $ 12,975,000
5090 County Road 182
$ 12,975,000
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5090 County Road 182

Stephenville, TX, 76401
$ 12,975,000
Baths0.0

Monthly Estimate*

$ 79,889

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Studio

Lots and Land for sale in Stephenville, TX

for $12,975,000. This property was built in 2019 on a lot size of 1150.74.

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.

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Lots and Land Active

Price

$ 12,975,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 1,937

Style

Ranch

Lot Size

1150.74

Year Built

2019

Town/City

Stephenville

County/Region

Erath

MLS | Web ID

21299476

Features
General
Development Status Unzoned
Utilities Co-op Electric
Possession Closing/Funding
current use Agricultural Hunting/Fishing
Restrictions No Known Restriction(s)
School District Stephenville ISD
Crops Bluestem Coastal Bermuda Hardwood Timber Klein Grass Native
Year Built 2019
Topography Rolling hills with deep draws
Property Subtype Ranch
Subdivision Name Na
Occupant Type Vacant
County Erath
Property Type Land
HOA Type None
Status Active
Directions Contact Tully Janszen on his Cell for GPS location
City Stephenville
Elementary School Name Chamberlai
High School Stephenvil
Elementary School Chamberlai
Standard Status Active
Junior High School Stephenvil
Listing Terms 1031 Exchange Cash Conventional
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Exterior
Waterfront 0
Lot Features Acreage Agricultural Bottom Brush Hilly Cedar Mesquite Oak Pasture Tank/ Pond
Vegetation Brush Grassed Heavily Wooded
Fencing Barbed Wire Gate Perimeter
Soil Type Black Rocky/Shale Sandy Loam
Other Structures Corral(s)
Lot Size Source Public Records
Lot Size Over 100 Acres
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Internal Only
Street Number 1 5090
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* Excluded Features
List By
Tully Janszen

Listing Agent

Texas Ranch Kings Realty

Broker

Affordability Calculator

$80,051
Per Month
100%
0%
0%
Monthly Principal & Interest
$79,889
Monthly Property Taxes
$161
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
287959 Elementary School
3672383 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/16/2026$12,975,000 Listed Price

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5090 County Road 182, Stephenville, TX, 76401 is a Lots and Land for sale at $12,975,000 with a lot size of 1150.74. 5090 County Road 182 is a studio with 0.0 baths and was built in 2019. The property's zip code is 76401 which is in Stephenville, TX