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$3,396,000

28205 N US Highway 281, Stephenville, TX, 76401

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Baths0 Bath
RanchRanch

About this property

1,717 characters. All clean. Here's the updated 283 listing: ±283 acres on US Highway 281, fourteen miles north of Stephenville in Erath County. A legacy ranch tract carved from the historic Jordan Ranch and held in single-family ownership for the past twenty-eight years. The land has 1,300 feet of US Highway 281 frontage with a gated entrance. Elevation rises from 1,090 to 1,260 feet, with high ground and panoramic views in every direction. Cleared pasture in Coastal Bermuda and native bluestem opens through heavy mature live oak and hardwood timber. Native tree cover includes live oak, post oak, and mesquite. A seasonal creek and natural drainage run through the property. The high ridge at the top of the ranch is locally known as Buck Ridge, named for what comes off it. Multiple build sites with views in every direction. The land has supported a small cow-calf operation for more than twenty years. Water comes from one working well producing 12 gallons per minute or better. The well feeds a working windmill that supplies cattle troughs. One spring-fed stock tank. Wildlife is abundant. Whitetail deer, Rio Grande turkey, and dove are all present, along with coyotes and bobcats. The property has seen very low hunting pressure for the last five years. The current owners have hunted lightly, taken what was needed, and let the rest grow. Existing hunting infrastructure includes two bow stands, one box blind, and three feeders. The land carries an active agricultural exemption. The Dallas Fort Worth Metroplex is approximately ninety minutes east. This tract is part of a 319 acre legacy property offered three ways. The custom home is available separately on approximately 36 acres, or with the full 319 acres including the home. For full info visit kdranch.info.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$20,376 /month
Positive
Cash Flow Estimate:
$6,792 /month

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Dylan Davis

Luxe West Realty

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5.947%

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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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