Turn-Key Horse Property Near Tarleton State University & Tejas Golf Course!
This 2-bedroom, 2-bathroom main home (1,553 sq. ft.) comes with a 1-bedroom, 1-bathroom detached mother-in-law suite (640 sq. ft.) on a spacious 1 acre property in Stephenville, TX.
Perfectly located just 2 miles from Tarleton University and 1 mile from the town square, this home offers easy access to shopping, dining, and local entertainment. The property is ideal for horse lovers, featuring a large pasture and two stalls, ready for your equestrian needs.
Golf enthusiasts will love being less than a .25 mile cart ride from Tejas Golf Course, making it effortless to enjoy a round anytime.
This property also has a large shaded back yard perfect for BBQing and hosting friends. Whether you're looking for a primary residence, rental investment, or both, this unique property offers endless potential.
Sold
Price Unknown
406 Morgan Mill Rd, Stephenville, TX 76401
3beds
1,553sqft
Single Family Residence
Built in 1945
1.02 Acres Lot
$378,500 Zestimate®
$--/sqft
$1,866 Estimated rent
Home value
$378,500
Estimated sales range
Not available
$1,866/mo
Zestimate® history
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List your homeWhat's special
Two stallsDetached mother-in-law suiteLarge pasture
Zillow last checked:
Listing updated:
Listed by:
Michael Tash 0757851 (254)964-6561,
Keller Williams Brazos West 254-335-0500
Bought with:
Mark Worthington
Worthington Realty & Investmen
Source: NTREIS,MLS#: 20872309
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Features: Ceiling Fan(s)
- Level: First
- Dimensions: 15 x 13
Living room
- Level: First
- Dimensions: 19 x 14
Appliances
- Included: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Gas Water Heater, Microwave
Features
- High Speed Internet, Open Floorplan, Pantry, Walk-In Closet(s)
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 1,553 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached Carport, Additional Parking, Detached Carport, Driveway, Golf Cart Garage
- Carport spaces: 3
- Covered spaces: 4
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Exterior features: Kennel
- Pool features: None
- Fencing: Fenced
Lot
- Size: 1.02 Acres
- Features: Acreage, Back Yard, Hardwood Trees, Lawn, Pasture
- Residential vegetation: Cleared, Grassed
Details
- Additional structures: Guest House, Barn(s), Stable(s)
- Parcel number: R000033347
- Horse amenities: Loafing Shed
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Detached
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Condition
- Year built: 1945
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Sims Add
HOA
- Has HOA: No
Location
- Region: Stephenville
Financial & listing details
- Tax assessed value: $301,350
- Annual tax amount: $5,242
- Date on market: 3/17/2025
- Cumulative days on market: 21 days
- Exclusions: Personal property in sheds/garages and refrigerator in cabin, grey shed near dog pen/chicken coop, golf carts.
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2025 | Sold | -- |
Source: NTREIS #20872309 Report a problem | ||
| 4/23/2025 | Pending sale | $399,500$257/sqft |
Source: NTREIS #20872309 Report a problem | ||
| 4/7/2025 | Contingent | $399,500$257/sqft |
Source: NTREIS #20872309 Report a problem | ||
| 4/4/2025 | Listed for sale | $399,500$257/sqft |
Source: NTREIS #20872309 Report a problem | ||
| 4/3/2025 | Contingent | $399,500$257/sqft |
Source: NTREIS #20872309 Report a problem | ||
| 4/3/2025 | Pending sale | $399,500$257/sqft |
Source: NTREIS #20872309 Report a problem | ||
| 4/3/2025 | Listed for sale | $399,500$257/sqft |
Source: NTREIS #20872309 Report a problem | ||
| 4/3/2025 | Pending sale | $399,500$257/sqft |
Source: NTREIS #20872309 Report a problem | ||
| 3/17/2025 | Listed for sale | $399,500$257/sqft |
Source: NTREIS #20872309 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $301,350 +0.1% |
| 2024 | $5,241 +45.2% | $301,190 +47.9% |
| 2023 | $3,610 -2.2% | $203,710 +8.3% |
| 2022 | $3,690 +22.6% | $188,020 +29.8% |
| 2021 | $3,010 +8.6% | $144,850 +11.4% |
| 2020 | $2,771 +2.9% | $130,070 +6.6% |
| 2019 | $2,693 +36.4% | $121,960 +7.3% |
| 2018 | $1,975 | $113,640 +9% |
| 2017 | $1,975 +9.4% | $104,210 +8.5% |
| 2016 | $1,806 -1.3% | $96,020 +0.5% |
| 2015 | $1,830 | $95,580 +4.5% |
| 2014 | $1,830 | $91,480 +0% |
| 2013 | -- | $91,470 +0.8% |
| 2012 | -- | $90,750 |
| 2011 | -- | $90,750 |
| 2010 | -- | $90,750 +0.6% |
| 2009 | -- | $90,240 +1.2% |
| 2008 | -- | $89,140 +25.9% |
| 2007 | -- | $70,820 |
Find assessor info on the county website
Neighborhood: 76401
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Nearby schools
GreatSchools rating
- 10/10Hook Elementary SchoolGrades: 3-4Distance: 1.5 mi
- 9/10Henderson Junior High SchoolGrades: 7-8Distance: 3.2 mi
- 6/10Stephenville High SchoolGrades: 9-12Distance: 2.8 mi
Schools provided by the listing agent
- 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.
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Estimated market value
$378,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$378,500
- Texas
- Erath County
- Stephenville
- 76401
- 406 Morgan Mill Rd
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