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24860 N US Highway 281

Stephenville, TX 76401
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Just listedJust listed
4 Bedroom(s)
4 Full Bath(s)
3,632 Sqft
71.50 Lot Acres
Country Homes/Acreage

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Description

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.

MLS#
NTREIS-21363565
List Price
$3,100,000 ($854/Sqft.)
Listing Status
For Sale
Address
24860 N US Highway 281
City
Stephenville
State
TX
Zip Code
76401
County
Erath County
Subdivision
none
Legal Description
ACRES: 71.5 A0513 MCLENNAN JOHN; HOUSE & BAR
Property Type
Country Homes/Acreage
Bedroom
4 Bedroom(s)
Bath
4 Full Bath(s)
Stories
2
Building Size
3,632 Sqft/Appraisal District
Architecture Style
Ranch
Year Built
1997 /Appraisal District
Lot Size
71.50 Lot Acres/Appraisal District
LP / Acre
$43,357 / Acre
Has House
Yes

Rooms

Living
1 x 1, 1st
Kitchen
1 x 1, 1st
Primary Bedroom
1 x 1, 1st

Interior

Number Of Living Area
2
Fireplace
1/Wood Burning
Cooling
Central Air
Heating
Central
Appliances
Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Double Oven
Interior
Eat-in Kitchen, Flat Screen Wiring, Granite Counters, High Speed Internet Available, Kitchen Island, Other, Vaulted Ceiling(s)

Exterior

Roof
Metal
Foundation
Slab
Private Pool
Yes
Private Pool Desc
Gunite,In Ground
Exterior Type
Rock/Stone, Siding
Lot Description
Acreage, Agricultural, Few Trees, Pasture, Tank/ Pond
Parking
Attached Carport, Concrete, Driveway, Electric Gate
Parking Space
Garage 0 / Carport 2 / Total Covered 2
Fencing
Barbed Wire,Cross Fenced,Fenced,Gate,Pipe
Porch
Covered
Utility
Co-op Electric,Septic,Well
Exterior
Covered Patio/Porch, Lighting, Stable/Barn, Storage

Extra details you may need to know

Dwelling Type
Farm/Ranch House,Single Detached
Ranch Type
Arena,Barn(s),Electric to Barn,Loaf Shed(s),Tack Room,Water to Barn

Lot Information

Lot Size
71.50 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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Information source

North Texas Real Estate Information Systems, Inc.
Source last updated Aug 25, 2026 at 01:46 AM
Listing last updated Aug 20, 2026 at 09:38 AM
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Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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