Penny Payne

$276,800

11.07 Acres

Stephenville, Texas, 76401

Lot is at the end of the road, to the left when you are facing the house. Lot can be included with the purchase of the house. Lot can also be bought with the rest of the 55-acre property as a package deal. Bring your horses and enjoy the freedom of country living on this 11.072-acre tract in Stephenville, just minutes from downtown— the Cowboy Capital of the World. This Ag-exempt property offers the ideal setting for horse owners, livestock, or anyone looking to build their dream ranchette with room to roam.The land features flat, usable topography with quality native grasses, making it well suited for grazing, riding arenas, barns, and turnout areas. Mature hardwood trees provide natural shade, and road frontage along US Highway 67 allows convenient access for trucks, trailers, and equipment. Electricity is available, making it easier to bring your vision to life.Located just 5 miles from downtown Stephenville and Tarleton State University, the property provides quick access to feed stores, veterinarians, farriers, and the vibrant local rodeo culture the area is known for. You’ll enjoy peaceful rural living while still being within easy reach of city amenities and approximately an hour from Fort Worth.This property offers endless possibilities—build a custom home, barndominium, horse facility, or family compound in the heart of horse country.

$318,125

12.73 Acres

Stephenville, Texas, 76401

Third Lot on the right. Lot can be included with the purchase of the house. Lot can also be bought with the rest of the 55-acre property as a package deal. Discover the perfect blend of country living and convenience on this 12.725-acre Ag-exempt tract in Stephenville, the Cowboy Capital of the World. Featuring level, usable terrain with quality native grasses, this property is ideal for horses, livestock, or building your dream ranchette. Mature hardwood trees provide natural shade, while frontage along US Highway 67 offers excellent accessibility for trailers, equipment, and daily commuting. Electricity is available on-site, making development more convenient. Located just 5 miles from downtown Stephenville and Tarleton State University, you'll enjoy easy access to shopping, dining, veterinary services, feed stores, and the area's renowned equestrian and rodeo community. Whether you're planning a custom home, barndominium, horse property, or weekend retreat, this versatile acreage offers endless possibilities.

$1,165,000

32 Acres

Stephenville, Texas, 76401

Rare opportunity to own a beautiful historic farmhouse on 32 Ag-exempt unrestricted acres just minutes from Stephenville—the Cowboy Capital of the World! This 2692 sqft, 3-bedroom, 2.5-bath Early American farmhouse blends timeless character with modern improvements and features two wood-burning fireplaces, 2 spacious living areas, a basement, metal roof, and wraparound porches overlooking peaceful countryside views. The property includes multiple outbuildings including a 720 sqft bunkhouse and 4-stall barn with concrete alley, wash bay, feed area and tack room, covered parking high enough for an RV, a windmill, pond, cattle working pens, perimeter fencing, automatic gate, and open pasture.A major bonus is the property's existing subdivision configuration, creating exceptional flexibility for a family compound, guest homes, multigenerational living, additional residences, or future investment opportunities. Flat usable acreage with mature trees and easy access off US Hwy 67. Located only minutes from Tarleton State University and approximately one hour from Fort Worth. An excellent opportunity to own a well-maintained piece of Texas countryside. Rarely do tracts in this location come available with quality pasture, accessibility, and the potential to create a premier horse or country property.

$257,925

10.32 Acres

Stephenville, Texas, 76401

Second Lot on the right. Can purchase this lot separately, or all 4 vacant land lots together. (Note- Lot 5 has 10 acres, a house, barn and outbuildings and can be part of the package deal).Bring your horses and enjoy the freedom of country living on this 10.317-acre tract in Stephenville, just minutes from downtown— the Cowboy Capital of the World. This Ag-exempt property offers the ideal setting for horse owners, livestock, or anyone looking to build their dream ranchette with room to roam.The land features flat, usable topography with quality native grasses, making it well suited for grazing, riding arenas, barns, and turnout areas. Mature hardwood trees provide natural shade, and road frontage along US Highway 67 allows convenient access for trucks, trailers, and equipment. Electricity is available, making it easier to bring your vision to life.Located just 5 miles from downtown Stephenville and Tarleton State University, the property provides quick access to feed stores, veterinarians, farriers, and the vibrant local rodeo culture the area is known for. You’ll enjoy peaceful rural living while still being within easy reach of city amenities and approximately an hour from Fort Worth.This property offers endless possibilities—build a custom home, barndominium, horse facility, or family compound in the heart of horse country.