24860 N US Highway 281
Stephenville, TX, 76401
$
3,100,000
Bedrooms4
Baths4.0
Sq
3,632
Monthly Estimate*
$
19,574
for $3,100,000 with 4 bedrooms and 4 full baths. This 3,632 square foot home was built in 1997 on a lot size of 71.5.
In the heart of the Cowboy Capital of the World, this 71.5± acre horse property sits on US Highway 281 just north of Morgan Mill in Erath County, minutes from Stephenville and about an hour from the DFW metroplex. It is already set up and ready to go, so a buyer can bring their horses and rope with friends on move-in day.
About 65 acres are in coastal and cut for hay every year, producing hundreds of bales, and the property is ag exempt. Counts Creek runs through it for live water, with big pecan trees along the bottom and deer coming down to the creek in the evenings. There is also a stock tank full of catfish, bluegill, bass, and crappie. The pastures are fenced and cross fenced throughout.
The horse setup is built for anyone who rodeos. The lighted pipe arena has Priefert chutes, a calf lane, and sprinklers to keep the footing right. The main horse barn has 5 stalls and 4 runs, a wash bay, and tack room, with 6 more covered pens and runs alongside the arena. A large equipment and hay barn, additional storage building, and shop handle everything else. Trinity well producing 15 to 20 GPM and two 5,000-gallon holding tanks.
Two homes make room for family, guests, or help. The main home offers 4 bedrooms and 4 baths in about 2,800 square feet, remodeled in 2021, with a separate office across the carport. The 832-square-foot guest house has a back porch overlooking the arena and could easily bring in rental income. There is also a pool with a spa, diving board, and rock waterfall with outside grill area great for entertaining.
This is a place where the horse setup, productive ground, live water, and room for family all come together, without giving up quick access to Stephenville and DFW. Morgan Mill ISD.
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Features
Interior
Interior Features
Eat-in Kitchen
Flat Screen Wiring
Granite Counters
High Speed Internet Available
Kitchen Island
Other
Vaulted Ceiling(s)
Basement Y/N
0
Dining Areas
1
Living Areas
2
Half Baths
0
Total Bedrooms
4
Total Baths
4
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General
Heating
Central
Cooling
Central Air
Utilities
Co-op Electric
Septic
Well
Possession
Closing/Funding
Roof
Metal
Appliances
Dishwasher
Disposal
Electric Cooktop
Electric Oven
Electric Range
Electric Water Heater
Double Oven
current use
Agricultural
Cattle
Grazing
Pasture
Number of Garage Spaces
0
School District
Morgan Mill ISD
Pool Y/N
1
Year Built
1997
Architectural Style
Ranch
Levels
Two
AG Exemption
Y
Property Subtype
Farm/Ranch
Subdivision Name
none
Transaction Type
For Sale
County
Erath
Property Type
Residential
Construction Materials
Rock/Stone
Siding
Year Built Details
Preowned
HOA Type
None
Special Notes
Aerial Photo
Full Baths
4
Status
Active
Directions
see gps.
City
Stephenville
Elementary School Name
Morgan Mill
High School
Morgan Mill
Elementary School
Morgan Mill
Standard Status
Active
Listing Terms
Cash
Conventional
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Exterior
Waterfront
0
Exterior Features
Covered Patio/Porch
Lighting
Stable/Barn
Storage
Lot Features
Acreage
Agricultural
Few Trees
Pasture
Tank/ Pond
Fencing
Barbed Wire
Cross Fenced
Fenced
Gate
Pipe
Other Structures
Arena
Barn(s)
Guest House
Parking Features
Attached Carport
Concrete
Driveway
Electric Gate
Lot Size
50 to =< 100 Acres
Foundation
Slab
Pool Features
Gunite
In Ground
Structural Style
Farm/Ranch House
Single Detached
Garage Y/N
0
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* Excluded Features
List By
Dylan Davis
Listing Agent
Affordability Calculator
- Monthly Principal & Interest
- $19,574
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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
Single family listings in Stephenville, TX
Average List Price
$706,765
Percent of Sale Price
77%
About Stephenville, TX
18,766
Population
25%
Since 2002
$
39,923
Median Income
29.58
Median Age
23%
Households with Children
Trends Information provided by ATTOM Data Solutions.
3520115
Elementary School
5136348
Middle School
Pricing History
| Date |
Price |
Price Change |
Description |
|
8/19/2026
|
$3,100,000
|
|
Listed Price
|