397 Cr 538, Stephenville, TX 76401
Local realty services provided by:ERA Myers & Myers Realty
Listed by: derece jones254-459-0889
Office: moore home and ranch, llc.
MLS#:21008785
Source:GDAR
Price summary
- Price:$489,000
- Price per sq. ft.:$186,641.22
About this home
Charming Dual-Residence Property on 2.62 Beautifully Landscaped Acres. Discover a unique opportunity with two residences on one stunning property, ideal for multi-generational living or additional rental income. Nestled on a peaceful dead-end road, this well-maintained 2.62-acre estate features a spacious 1,953 sq ft main home with 3 bedrooms and 2 bathrooms, plus a fully equipped 1-bedroom, 1-bath guest house currently generating $700 per month in rental income. The main residence offers a warm and inviting atmosphere with a large living area perfect for entertaining, a generously sized primary suite with ensuite bathroom, and an additional bonus room that can serve as an office, 4th bedroom, or playroom. The kitchen is well-appointed with abundant cabinetry, newer appliances, and a separate dining area ideal for family gatherings. Recent upgrades include new windows, hot water heater, and new appliances including refrigerator (2023) new HVAC system (2024) and microwave (2025). Stylish laminate and tile flooring run throughout the home. The guest house is 630 sq ft and includes a living area, full kitchen (appliances included), and a covered carport with storage space for lawn equipment or a vehicle—making it a highly desirable rental or in-law suite. The property also boasts a reliable 365-ft water well with a new pump and updated electrical systems, a spacious concrete slab perfect for outdoor entertaining or sports, and a dedicated yard space for pets separate from the main backyard. Horses and 4H animals are welcome. Built in 1982 and only owned by two families, this property offers a rare blend of comfort, functionality, and income potential in a serene rural setting. Whether you're looking for a peaceful homestead, room to grow, or an income-generating investment, this property has it all.
Schedule your showing today—this one won’t last long!
Contact an agent
Home facts
- Year built:1982
- Listing ID #:21008785
- Added:245 day(s) ago
- Updated:January 02, 2026 at 12:35 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Living area:2 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air, Electric
- Heating:Central, Electric
Structure and exterior
- Roof:Composition
- Year built:1982
- Building area:2 sq. ft.
- Lot area:2.62 Acres
Schools
- High school:Linglevill
- Middle school:Linglevill
- Elementary school:Linglevill
Utilities
- Water:Well
Finances and disclosures
- Price:$489,000
- Price per sq. ft.:$186,641.22
- Tax amount:$3,384
New listings near 397 Cr 538
- New
$995,000Active3 beds 3 baths3,412 sq. ft.7474 Us Highway 67, Stephenville, TX 76401
MLS# 21141856Listed by: KELLER WILLIAMS BRAZOS WEST - New
$640,000Active3 beds 2 baths1,700 sq. ft.362 County Road 481, Stephenville, TX 76401
MLS# 21080059Listed by: MELTON REAL ESTATE GROUP INC - New
$600,000Active4 beds 3 baths3,078 sq. ft.107 Sandra Palmer Street, Stephenville, TX 76401
MLS# 21141420Listed by: HAILE & COMPANY REAL ESTATE, LLC - New
$1,500,000Active51.82 Acres4565 County Road 140-a, Stephenville, TX 76401
MLS# 21139619Listed by: DIAMOND B REALTY - New
$175,000Active2 beds 1 baths736 sq. ft.1090 W Elm Street, Stephenville, TX 76401
MLS# 21138520Listed by: KELLER WILLIAMS BRAZOS WEST - New
$179,000Active10.1 AcresTBD Cr 406, Stephenville, TX 76401
MLS# 21138198Listed by: KELLER WILLIAMS BRAZOS WEST - New
$354,000Active20.2 AcresTBD Cr 406, Stephenville, TX 76401
MLS# 21138304Listed by: KELLER WILLIAMS BRAZOS WEST - New
$505,420Active4 beds 3 baths2,732 sq. ft.1720 Elk Run Drive, Stephenville, TX 76401
MLS# 21137846Listed by: MOORE HOME AND RANCH, LLC - New
$1,650,000Active4 beds 3 baths2,904 sq. ft.7690 County Road 417, Stephenville, TX 76401
MLS# 21137302Listed by: GILL PROPERTIES
$359,000Active3 beds 3 baths1,872 sq. ft.500 Moonlight Trail, Stephenville, TX 76401
MLS# 21132246Listed by: KELLER WILLIAMS BRAZOS WEST