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Agricultural Land with Home for Sale in Hico, Texas

24183 S US 281, Hico, TX 76457

$3,895,000
92.8 acres
Active sale
$100k drop
Est $23,942/mo

Now offered for Sale in Erath County, the Fraze Ranch once know as Home of Freckles Playboy brings functionality with all the amenity's of a working ranch. Designed on 92 acres with some of the best views and trees you'll find is a rare! Currently a show lamb facility but with little effort it will easily convert over to Equine. Equipped with multiple barns, large turnout pens, easy rotation, and set up for a one man show. The home offers todays modern charm and yesterdays uniqueness thru used material from old structures of the past. A full wrap around porch and stunning rock accents for flowerbeds, columns, and landscaping bring in the finishing touch. Thoughtfully designed pool and play area to host family gatherings and to entertain and flow with the type of property it sits on. Darling full bunkhouse, additional MH, and large packaging office. Features of the barns include a 6 stall buck barn, massive 16 stall show barn with split gates, holding barn, and a separate vet lab area. Both barn are set up with heating units and fans throughout, automatic waters, and spray foam insulation. You will appreciate the details of this ranch which shows how well it is maintained and well kept, the improved pasture, and layout. Several directions to go with this property rather it be equine, sheep, or show cattle. The opportunity is endless!

2,160
Sq feet
4
Beds
2
Full baths
1
1/2 bath
1999
Built

Location

Street address
24183 S US 281
Zip code
76457
School district
Stephenville ISD
Elevation
1,216 feet
Coordinates
32.0634, -98.0875

Property details

Acreage
92.81 acres
MLS #
NTREIS 21265000
Posted

Parcels

  • R000021509

Details and features

Listing

Type
Farm
Franchise
Independent

Lot

Features
Acreage, Agricultural, Hardwood Trees, Many Trees, Pasture, Pond On Lot

Exterior

Parking
Carport, Oversize
Fencing
Fenced
Structures
Barn(s)
Features
Playground, RV Hookup, Rain Gutters

Structure

Stories
1
Water
Well
Sewer
Septic Tank
Heating
Central, Electric
Cooling
Ceiling Fan(s), Central Air
Materials
Metal Siding, Rock, Stone, Wood Siding
Roof
Metal

Interior

Rooms
Bathroom x 3, Bedroom x 4
Flooring
Vinyl
Fireplaces
Yes
Appliances
Dishwasher, Disposal, Double Oven, Gas Range, Water Purifier, Water Softener
Features
Decorative Designer Lighting Fixtures, Eat In Kitchen, Granite Counters, High Speed Internet, Natural Woodwork, Open Floorplan, Pantry, Vaulted Ceilings, Walk In Closets

Nearby schools

NameTypeDistrict
CentralElementaryStephenville ISD
GilbertMiddleStephenville ISD
StephenvilHighStephenville ISD

Listing history

DateEventPriceChangeSource
June 16, 2026Price drop$3,895,000$100,000 -2.5%NTREIS
May 9, 2026New listing$3,995,000NTREIS
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This 92.81-acre property is located at 24183 S US 281 in Hico, TX 76457. The property is available for sale, priced at $3,895,000. It has a 2,160 square foot 4-bedroom, 2.5-bath house built in 1999.

Listed by Texas Proud Real Estate, (254) 485-6702

Checked 1 hour agoUpdated Source

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