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Land with Home for Sale in Stephenville, Texas

315 State Ave, Stephenville, TX 76401

$750,000
20.7 acres
Active sale
ago
Est $4,375/mo

Set in a quiet area only two miles west of Stephenville, Wright Way Ranch offers small-town living with country charm. This home features a practical layout and room to make it your own. The home sits on a beautiful hilltop where the view of the Texas sunrises can't be beat, all while being just minutes from an abundance of shopping and dining, as well as the much desired Tarleton State University.

Land

Just over 20 acres of native grasses and rolling terrain. The land is fully cleared with a handful of mature Live Oaks.

Improvements

Property features a metal well house with electricity for heating and lighting. There is also six pipe horse pens with water and electric located between them, allowing for a quick installation of heated water troughs if desired.

Recreation

Plenty of room for any recreational activities such as riding horses, four wheeling, dirt biking, and hunting.

Agriculture

This property offers a mixture of different soil types. On the higher elevation where the home is located it is a sandy/clay gravely mix, making it an excellent foundation for the home. And as the property slopes downhill to the south it becomes more sandy loam making it ideal for grazing livestock or hay production.

General Operations

The home sets on the northwest corner of the property, leaving the rest of the property wide open letting you design it just the way you want it.

Region & Climate

Set where the rolling plains meet the edge of the Hill Country, Stephenville carries the kind of landscape that’s long been suited for working land and wide-open living. This part of North Central Texas is known for its mix of gently rolling pastures, scattered oak groves, and productive soils that support both cattle operations and small acreage homesteads. The area holds tight to its agricultural roots, giving it a grounded, rural character while still offering the conveniences of a growing town.

The climate here is classically Texan—warm, sun-filled, and built for the outdoors. Summers run hot with plenty of dry heat and long daylight hours, ideal for grazing and hay production. Fall brings a welcome cool-down, often stretching into mild, comfortable days that make it one of the best seasons to be outside. Winters are generally short and moderate, with only occasional cold snaps and very little snow.

Rainfall is moderate and seasonal, typically arriving in spring and early fall, helping keep pastures green and stock tanks replenished. Periods of dry weather are part of the cycle, but the land is well-adapted to it, especially for ranching use.

Steady breezes, open skies, and plenty of sunshine define day-to-day life here, making Stephenville a place where the climate works with the land—not against it. Whether you’re running cattle, keeping horses, or just enjoying a quieter pace, this region offers a dependable setting shaped by tradition, resilience, and room to roam.

Location

Stephenville is ideally positioned in North Central Texas, offering a strong balance of rural charm and everyday convenience. Located about 70 miles southwest of Fort Worth, the area provides easy access to the larger Dallas–Fort Worth metroplex while maintaining a quieter, small-town atmosphere.

Known as the “Cowboy Capital of the World,” Stephenville is deeply rooted in ranching and western heritage, which continues to shape the community’s identity and lifestyle. The presence of Tarleton State University adds energy and economic stability, supporting local businesses, dining, and cultural opportunities.

The town is well-connected by regional highways, making travel to surrounding communities and major employment centers straightforward. Residents enjoy a blend of local amenities—including shopping, healthcare, and schools—without the congestion of larger cities.

Surrounded by rolling pastureland and open countryside, Stephenville offers a setting that appeals to those seeking space, accessibility, and an authentic Texas feel. Whether for full-time living, investment, or a rural retreat, its location provides both practicality and long-term appeal.

2,016
Sq feet
3
Beds
2
Full baths
2023
Built

Location

Street address
315 State Ave
Elevation
1,450 feet
Coordinates
32.204, -98.287

Directions

From Stephenville travel south on US-67 approximately 1/2 mile outside of town and turn right/north on CR-386(water tower rd.), then take the first possible left on CR-387, go 0.9 miles and stay right at the Y continuing on CR-387, in 1.2 miles the property will be on your left.

Property details

Acreage
20.7 acres
Posted

Listing history

DateEventPriceChangeSource
May 8, 2026New listing$750,000Listing agent
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This 20.7-acre property is located at 315 State Ave in Stephenville, TX 76401. The property is available for sale for $750,000. It has a 2,016 sq ft 3 bedroom, 2 bath house built in 2023.

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