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$4,950,000

27475 N Us-281, Stephenville, TX, 76401

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,040 Sq Ft
price_per_sqft$2,426.47 / sqft
Year BuiltBuilt in 2011

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Gas Range
FlooringConcrete, Hardwood, Wood

About this property

Land like this rarely comes to market in Erath County. Twenty-eight years of careful stewardship. Ready to be passed on. ±319.44 contiguous acres on US Highway 281 in Erath County, fourteen miles north of Stephenville and ninety minutes from the Dallas Fort Worth Metroplex. A legacy ranch carved from the historic Jordan Ranch and held by one family for twenty-eight years. 1,570 feet of US Highway 281 frontage with two gated entrances. Elevation rises from 1,090 to 1,260 feet with panoramic views in every direction. Forty-two acres of cleared pasture in Coastal Bermuda and bluestem opens through heavy live oak, post oak, and mesquite timber. A seasonal creek runs through the property. The stretch of 281 in front is locally known as Jordan Hill. The ridge above is Buck Ridge, named for what comes off it. Two water wells, each 12+ GPM. Three stock tanks, including a spring-fed main. Whitetail deer, Rio Grande turkey, dove, coyotes, and bobcats. Very low hunting pressure for five years. Two bow stands, one box blind, three feeders in place. Custom 2,040 sqft home built 2011 by David Taylor Construction. Hill Country ranch style. Stone exterior, standing seam metal roof, slab, 2x6 walls with urethane foam. Three bedrooms, two baths. Mesquite floors on the second level. Custom mesquite and knotty alder doors. Hand-forged iron stair banisters from a Colorado artisan. Dry-stack stone fireplace. Kitchen: quartz counters, custom cabinetry, commercial range, gas appliances, island, walk-in pantry. 1,744 sqft wraparound porch. Systems: well water with filtration, septic, tankless water heater, 500-gallon in-ground propane, United Cooperative electric. Fiber and Starlink available. Outbuildings: 120 sqft wellhouse (2010), 30 by 30 porte cochère (2024) with 225 sqft of unfinished storage above, 1,248 sqft barn slab (2021). Active agricultural exemption. No HOA, no subdivision, no restrictions. Morgan Mill ISD and Stephenville High School.

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$0Estimated Equity
0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$29,700 /month
Positive
Cash Flow Estimate:
$9,900 /month

Interested in this property?

Dylan Davis

Luxe West Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Stephenville

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27475 N Us-281 | Property Details | No Agent List