Lot/land

$10,219,680

7523 County Road 163, Stephenville, TX 76401

--beds

--baths

851.64Acres

Unimproved Land

Built in 1958

851.64 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Prime texas ranchlandDiverse and scenic ranchNative and improved pastures

Prime Texas ranchland located in Erath County, 15 min S of I-20 at Morgan Mill, 15 min N of Stephenville and 4 miles west of Hwy 281. The Morgan Mill 851 Ranch is a wonderfully diverse and scenic ranch with minimal improvements. The land consists of both native and improved pastures watered by the N. Paluxy River which runs through the ranch as well as drainage areas and stock tanks. Live Oaks, Texas Red Oak. Native Pecan and many other variety of native trees flourish on the ranch and in the Spring wildflowers will color the landscape. There are many hilltops offering spectacular views and potential homesites. The ranch is currently under a grazing lease. The ranch will also produce hay for winter grazing capabilities. A modest yet updated farmhouse offers 3 bedrooms and 2 baths. Other improvements include an storage shed and haybarn.

89 days

149

10

Facts & features

Interior

Heating

Central

Cooling

Central Air

Video & virtual tour

View virtual tour

Property

Features

Fencing: Barbed Wire,Cross Fenced
Has view: Yes
View description: Water
Has water view: Yes

Lot

Size: 851.64 Acres
Features: Acreage, Agricultural, Cleared, Hardwood Trees, Pasture, Pond on Lot, Ravine, Rolling Slope, Rock Outcropping, Many Trees, Wooded
Topography: Hill,Varied
Residential vegetation: Cleared, Grassed, Partially Wooded, Brush

Details

Additional structures: Other, Shed(s)
Parcel number: R000014916
Zoning description: Not zoned

Utilities & green energy

Sewer: Septic Tank
Water: Well
Utilities for property: Electricity Available, Electricity Connected, Overhead Utilities, Septic Available, Water Available

Community & HOA

Community

Subdivision: None

HOA

Has HOA: No

Location

Region: Stephenville

Financial & listing details

Tax assessed value: $1,304,070
Annual tax amount: $2,196
Date on market: 5/19/2026
Cumulative days on market: 89 days
Listing terms: Cash,1031 Exchange
Road surface type: Asphalt, Gravel

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
5/19/2026	Listed for sale	$10,219,680
Source: NTREIS #21275825 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$1,304,070 +0.8%
2024	--	$1,293,710 +1.4%
2023	$2,012 -3.6%	$1,275,760 +2.3%
2022	$2,086 +14.7%	$1,246,960 +46.1%
2021	$1,818 +1.9%	$853,340 +0.8%
2020	$1,784 +201.8%	$846,320 +11.7%
2019	$591 +0.6%	$757,620 -33.1%
2018	$588	$1,132,150
2017	$588 +4.5%	--
2016	$562 +7.2%	--
2015	$525	$724,370
2014	$525	--