$12,975,000
Active 2019
Built
Located just 7 miles from Stephenville, the Cowboy Capital of Texas, this exceptional 1,150± acre ranch offers a rare combination of productive cattle country, outstanding hunting, abundant water, and future investment potential. Richardson Creek traverses the ranch and has been dammed to create a scenic several-acre lake, providing excellent fishing, waterfowl habitat, and a reliable water source. The ranch features excellent grazing pastures, sandy soils ideal for horses, massive hardwood bottoms, live oak motts, cedar breaks, and rolling topography with impressive views throughout. Improvements include two sets of cattle working pens, two water wells, a 40x25 shop, and an extensive network of ranch roads and trails providing access across the property. Wildlife is abundant with exceptional populations of whitetail deer, hogs, waterfowl, and other native game species. The diverse habitat, combined with Richardson Creek, the lake, hardwood bottoms, and thick cover, creates outstanding recreational and hunting opportunities. Rich in history, the ranch includes the former Tarleton State University research ranch and observatory, adding a unique legacy component rarely found in today’s market. With limited structural improvements, the property presents endless opportunities to develop a premier recreational ranch, cattle operation, equestrian property, or legacy family retreat. Numerous locations offer ideal homesites, and the terrain provides excellent potential for additional lakes and ponds. The main ranch entrance is located on County Road 182, with the added benefit of a granted and deeded 70-foot-wide easement from Highway 67 near the Stephenville Rodeo Grounds, providing exceptional accessibility and long-term value. An incredibly diverse ranch offering productivity, recreation, history, and investment potential in one of North Texas’ most sought-after ranching regions.
MORTGAGE CALCULATOR
$65,609
Estimate only — not a loan offer. Consult a lender for actual terms.
LISTING SNAPSHOT
Price$12,975,000
Bedrooms0
Full Baths0
Half Baths0
Inside Area (SqFt)N/A
Lot Size1150.74 Acres
Year Built2019
MLS® Number21299476
StatusActive
Property Tax1937
HOA/Condo/Coop FeesN/A
GENERAL
Acres1150.74
Additional Property UseAgricultural, Hunting
Land LeaseNo
Property Sub TypeRanch
Special CircumstancesStandard
UtilitiesElectricity Available
ZoningAgriculture
EXTERIOR
FencingBarbed Wire, Gate, Perimeter
Lot FeaturesWooded, Agricultural, Pasture
Other StructuresCorral(s)
Road FrontageCounty Road
COMMUNITY
Financing Terms Available1031 Exchange, Cash, Conventional
Horse AllowedYes
Horse PropertyBarn
School DistrictStephenville ISD
SCHOOLS
School DistrictStephenville ISD
Elementary SchoolChamberlai
Middle SchoolStephenvil
High SchoolStephenvil
RECENT ACTIVITY
June 15, 2026Active
Listing courtesy of Texas Ranch Kings Realty
Listing courtesy of Tully Janszen of Texas Ranch Kings Realty tully@texasranchkings.com
© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2026-07-15 03:28 AM CDT
© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2026-07-15 03:28 AM CDT
Comps
An estimate is not available for this listing.
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