Set in the heart of the Cowboy Capital of the World, this 16.064-acre property offers a rare opportunity to create your dream ranch while enjoying a fully functional equestrian setup already in place. The home, offering approximately 1,959 square feet, features 3 bedrooms, 2 bathrooms, and two spacious living areas, providing a flexible layout ready for your personal touch. While the residence is in need of renovations, it presents the perfect canvas to restore, redesign, or reimagine into a charming country retreat tailored to your vision. Outside is where this property truly shines. Designed with horse enthusiasts in mind, you’ll find a well-equipped setup that includes two barns—one with 5 stalls and a tack room, and a second barn featuring 6 stalls with runs. Both barns are equipped with water and electricity, making daily operations convenient and efficient. An equipment shed provides additional storage for tools, trailers, or machinery. The lighted arena with a return alley is ideal for training, riding, or hosting events, allowing for extended use into the evening hours. Pipe fencing surrounds the property, with cross-fenced pastures that offer excellent rotation options, along with loafing sheds for livestock. Toward the rear of the property, a tank provides a natural water source and adds to the ranch’s functionality and scenic appeal. With wide-open space, established structures, and endless potential, this property is perfect for those looking to invest in a working horse facility or create a one-of-a-kind rural homestead. Bring your vision and make this property your own slice of Texas countryside.
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Price Unknown
305 County Road 483, Stephenville, TX 76401
3beds
1,959sqft
Single Family Residence
Built in 1930
16.06 Acres Lot
$500,800 Zestimate®
$--/sqft
$2,204 Estimated rent
Home value
$500,800
$476,000 - $526,000
$2,204/mo
Zestimate® history
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List your homeWhat's special
Established structuresWide-open spaceLoafing sheds for livestock
Zillow last checked:
Listing updated:
Listed by:
J J HAMPTON 254-965-4717,
J.J. HAMPTON REALTY 254-965-4717
Bought with:
J J HAMPTON
J.J. HAMPTON REALTY
Source: NTREIS,MLS#: 21240247
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Ceiling Fan(s), En Suite Bathroom, Walk-In Closet(s)
- Level: First
- Dimensions: 15 x 21
Bedroom
- Features: Ceiling Fan(s), Split Bedrooms
- Level: First
- Dimensions: 14 x 11
Bedroom
- Features: Ceiling Fan(s), Split Bedrooms
- Level: First
- Dimensions: 14 x 10
Primary bathroom
- Features: Built-in Features
- Level: First
- Dimensions: 8 x 12
Den
- Level: First
- Dimensions: 16 x 29
Dining room
- Level: First
- Dimensions: 7 x 12
Other
- Features: Built-in Features
- Level: First
- Dimensions: 10 x 8
Kitchen
- Level: First
- Dimensions: 13 x 12
Living room
- Level: First
- Dimensions: 15 x 14
Utility room
- Features: Utility Room
- Level: First
- Dimensions: 17 x 12
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Dishwasher, Electric Range, Disposal
- Laundry: Washer Hookup, Dryer Hookup, Laundry in Utility Room
Features
- Decorative/Designer Lighting Fixtures, High Speed Internet, Open Floorplan, Cable TV, Walk-In Closet(s)
- Flooring: Carpet, Linoleum
- Windows: Window Coverings
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 1,959 sqft
Property
Parking
- Parking features: Circular Driveway
Features
- Levels: One
- Stories: 1
- Patio & porch: Rear Porch, Front Porch, Patio, Covered
- Exterior features: Other
- Pool features: None
- Fencing: Back Yard,Cross Fenced,Pipe
Lot
- Size: 16.06 Acres
- Features: Acreage, Agricultural, Back Yard, Cleared, Interior Lot, Lawn, Landscaped, Level, Pasture, Pond on Lot, Few Trees
Details
- Additional structures: Arena, Other, Shed(s), Storage, Barn(s), Stable(s)
- Parcel number: R000024333
- Horses can be raised: Yes
- Horse amenities: Barn, Loafing Shed, Round Pen, Stock Pen(s), Tack Room, Arena
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch,Traditional,Detached,Farmhouse
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Pillar/Post/Pier
- Roof: Metal
Condition
- Year built: 1930
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Available, None, Septic Available, Water Available, Cable Available
Community & HOA
Community
- Subdivision: Roberts Matthew
HOA
- Has HOA: No
Location
- Region: Stephenville
Financial & listing details
- Tax assessed value: $553,160
- Annual tax amount: $4,573
- Date on market: 4/16/2026
- Cumulative days on market: 76 days
- Listing terms: Cash,Conventional,Other
Price history
| Date | Event | Price |
|---|---|---|
| 6/30/2026 | Sold | -- |
Source: NTREIS #21240247 Report a problem | ||
| 5/28/2026 | Contingent | $525,000$268/sqft |
Source: NTREIS #21240247 Report a problem | ||
| 5/27/2026 | Listed for sale | $525,000$268/sqft |
Source: NTREIS #21240247 Report a problem | ||
| 5/1/2026 | Contingent | $525,000$268/sqft |
Source: NTREIS #21240247 Report a problem | ||
| 4/16/2026 | Listed for sale | $525,000+75.9%$268/sqft |
Source: NTREIS #21240247 Report a problem | ||
| 7/10/2015 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 6/2/2015 | Pending sale | $298,500$152/sqft |
Source: Gilman Properties #13060210 Report a problem | ||
| 12/3/2014 | Listed for sale | $298,500$152/sqft |
Source: Gilman Properties #13060210 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $553,160 -12.7% |
| 2024 | $4,937 +15.9% | $633,480 +9.7% |
| 2023 | $4,259 -4.6% | $577,380 +15% |
| 2022 | $4,466 +30.8% | $501,990 +40.4% |
| 2021 | $3,414 -2.3% | $357,500 +4.4% |
| 2020 | $3,494 +20.7% | $342,440 +14% |
| 2019 | $2,895 +6.8% | $300,390 +0.1% |
| 2018 | $2,710 | $300,050 |
| 2017 | $2,710 +0.6% | -- |
| 2016 | $2,694 +57.8% | -- |
| 2015 | $1,707 | -- |
| 2014 | $1,707 | -- |
Find assessor info on the county website
Neighborhood: 76401
Nearby homes
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Nearby schools
GreatSchools rating
- NACentral Elementary SchoolGrades: PK-KDistance: 2.6 mi
- 9/10Henderson Junior High SchoolGrades: 7-8Distance: 4.4 mi
- 6/10Stephenville High SchoolGrades: 9-12Distance: 4.3 mi
Schools provided by the listing agent
- Elementary: Central
- Middle: Gilbert,Stephenvil
- High: Stephenvil
- District: Stephenville ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Texas
- Erath County
- Stephenville
- 76401
- 305 County Road 483
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