24860 N Us Highway 281, Stephenville, TX 76401
Local realty services provided by:ERA Newlin & Company
Listed by: dylan davis
Office: luxe west realty
MLS#:21363565
Source:GDAR
Price summary
- Price:$3,100,000
- Price per sq. ft.:$853.52
About this home
In the heart of the Cowboy Capital of the World, this 71.5± acre horse property sits on US Highway 281 just north of Morgan Mill in Erath County, minutes from Stephenville and about an hour from the DFW metroplex. It is already set up and ready to go, so a buyer can bring their horses and rope with friends on move-in day.
About 65 acres are in coastal and cut for hay every year, producing hundreds of bales, and the property is ag exempt. Counts Creek runs through it for live water, with big pecan trees along the bottom and deer coming down to the creek in the evenings. There is also a stock tank full of catfish, bluegill, bass, and crappie. The pastures are fenced and cross fenced throughout.
The horse setup is built for anyone who rodeos. The lighted pipe arena has Priefert chutes, a calf lane, and sprinklers to keep the footing right. The main horse barn has 5 stalls and 4 runs, a wash bay, and tack room, with 6 more covered pens and runs alongside the arena. A large equipment and hay barn, additional storage building, and shop handle everything else. Trinity well producing 15 to 20 GPM and two 5,000-gallon holding tanks.
Two homes make room for family, guests, or help. The main home offers 4 bedrooms and 4 baths in about 2,800 square feet, remodeled in 2021, with a separate office across the carport. The 832-square-foot guest house has a back porch overlooking the arena and could easily bring in rental income. There is also a pool with a spa, diving board, and rock waterfall with outside grill area great for entertaining.
This is a place where the horse setup, productive ground, live water, and room for family all come together, without giving up quick access to Stephenville and DFW. Morgan Mill ISD....
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Home facts
- Year built:1997
- Subdivision & Development:none
- Listing ID #:21363565
- Added:18 day(s) ago
- Updated:September 07, 2026 at 11:51 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:4
- Kitchen Description:Dishwasher, Disposal, Double Oven, Electric Cooktop, Electric Oven, Electric Range
- Living area:3,632 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Metal
- Year built:1997
- Building area:3,632 sq. ft.
- Lot area:71.5 Acres
- Lot Features:Acreage, Agricultural, Few Trees, Pasture
- Architectural Style:Ranch
- Construction Materials:Stone
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Morgan Mill
- Middle school:Morgan Mill
- Elementary school:Morgan Mill
Utilities
- Water:Well
Finances and disclosures
- Price:$3,100,000
- Price per sq. ft.:$853.52
Features and amenities
- Appliances:Dishwasher, Disposal, Double Oven, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
Parking
- Carport spaces:2
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