397 County Road 538, Stephenville, TX 76401
Local realty services provided by:ERA Steve Cook & Co, Realtors



Listed by:derece jones254-459-0889
Office:moore home and ranch, llc.
MLS#:20893644
Source:GDAR
Price summary
- Price:$489,000
- Price per sq. ft.:$189.31
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!
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Home facts
- Year built:1982
- Listing Id #:20893644
- Added:110 day(s) ago
- Updated:August 20, 2025 at 11:56 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Living area:2,583 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air, Electric
- Heating:Central, Electric
Structure and exterior
- Roof:Composition
- Year built:1982
- Building area:2,583 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.:$189.31
- Tax amount:$3,384
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