Land with Home for Sale in Stephenville, Texas

Discover the possibilities with this versatile ranch located on the north side of town near the Tarleton Rodeo Arena. This beautiful property offers space, productivity, and flexibility, perfect for a homestead, horse property, or investment opportunity. The main home features 3 bedrooms and 2 bathrooms with a living room and a separate family room, providing plenty of space for everyday living and entertaining. The home has fresh paint throughout, and a flooring allowance allows the new owner to customize the interior to their taste. Step outside to enjoy the private swimming pool and fenced yard. A second ranch-style home sits on the property as well, offering excellent potential as a rental, guest house, or multi-generational living space. The land is highly functional and productive, producing abundance of coastal hay and currently fenced and cross-fenced for cattle. With two water wells, sandy soil, and open pasture, the property is well suited for livestock or easily converted into an equine setup with room for a barn and arena. Additional highlights include: No restrictions, County road frontage on one side, Some floodplain located near the road, Sandy soil ideal for horses and livestock, and Beautiful setting in a desirable area The seller will consider dividing the land in half, offering flexibility for buyers looking for a smaller tract or investment opportunity. Whether you're looking for an Investment, working ranch, horse property, or income-producing setup, this property offers location, usability, and endless potential just minutes from Stephenville.