




$957,000
NAL Estimated Property Value2866 S State Highway 108, Stephenville, TX, 76401
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About this property
Perfect for the Equine Enthusiast! Just outside the Stephenville city limits sits this meticulously maintained 3 bedroom, 2 bath home on 15 plus beautiful ag exempt acres—a rare find in a prime location ideal for an equine business or hobby operation. An ornate wrought-iron gated entrance welcomes you into the beautifully landscaped yard. Inside, the home features a spacious living area, oversized windows bringing in natural light with a cozy fireplace with heat blower, built-in bookshelves, a separate dining room, a security system and a central vacuum. The kitchen offers granite countertops, abundant storage. The home has been impeccably kept inside and out. Additional features include an attached two-car garage, plus a bonus insulated garage or shop with extensive attic storage, perfect for projects or extra equipment. The home also includes a water softener and RO system, brand new roof, and a sprinkler system for easy maintenance. Step outside to enjoy the covered back porch, charming brick-accented patio, and peaceful views of the property. The acreage offers beautiful, scenic pastures, a worked-up riding area, and a separate private driveway leading to the barn. The barn provides room for 4 plus horses, covered equipment storage, hay storage, and a flexible space that could easily be finished out as an apartment or office with electricity and water heater. A lean-to in the back pasture offers additional shelter, and the property backs up to a quiet riverfront setting. This turnkey property has everything an equine owner is looking for with location, land, facilities, and a beautifully maintained home.
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Stephenville
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