HomesStephenville › 24860 N US Highway 281
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$3,100,000

24860 N US Highway 281

Stephenville, TX 76401 · none · Erath County
ActiveMLS #21363565 · Farm
4Beds
4Baths
3,632Sq Ft
71.5Acres
1997Built
Baker Estimate
$900,000 – $1,615,000

Rough estimate — a quick conversation with James dials in the real number.

Automated range from 18 comparable homes currently listed in ZIP 76401 (asking prices for similar size and bedrooms — not sale prices). Not an appraisal or broker price opinion.

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.

Courtesy of Luxe West Realty — listing agent Dylan Davis
Contact the listing firm: (325) 514-4545 · dylan@luxewestrealty.com

Home facts

Overview

Price
$3,100,000
Price per sq ft
$854
Status
Active
Property type
Farm
Year built
1997
Condition
Resale
Style
Ranch, Detached, Farmhouse
Stories
1
Levels
Two
Days on market
1

Bedrooms & bathrooms

Bedrooms
4
Full bathrooms
4
Living area
3,632 sq ft

Interior

Features
Eat In Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Vaulted Ceilings, Wired For Sound
Appliances
Double Oven, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Disposal
Fireplaces
1 · Wood Burning
Heating
Central
Cooling
Central Air
Laundry
Dryer Hookup, Electric Dryer Hookup, Laundry In Utility Room

Exterior & lot

Lot size
71.5 acres · 3,114,540 sq ft
Lot
Acreage, Agricultural, Pasture, Pond On Lot, Few Trees
Exterior features
Lighting, Storage
Patio & porch
Covered
Fencing
Barbed Wire, Cross Fenced, Fenced, Gate, Pipe
Pool
Gunite, In Ground, Pool
Roof
Metal
Foundation
Slab
Construction
Rock, Stone

Parking

Carport spaces
2
Parking
Attached Carport, Concrete, Driveway, Electric Gate

HOA & taxes

HOA
No

Utilities & efficiency

Utilities
Electricity Available, Septic Available, Water Available
Water
Well
Sewer
Septic Tank

Facts are from the listing on the NTREIS MLS, shown as provided. Verify anything important to you.

Assigned schools

School assignments come from the MLS and can change, so confirm them with the district. For school ratings and accountability reports, see GreatSchools.org and TXschools.gov (Texas Education Agency). Information provided for general reference; buyers should independently verify schools, districts, and community details.

Neighborhood & nearby

none subdivision · Stephenville, TX 76401 · Erath County

Finding parks, dining, and shopping nearby…

Listing updated Aug 20, 2026, 9:29 AM CT
Presented by James Baker, Broker · MTX Realty, LLC · TREC #640642-B

Listing data last updated Sep 12, 2026, 3:22 AM CT

Information deemed reliable but not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 North Texas Real Estate Information Systems, Inc. (NTREIS). All rights reserved. Data last updated Sep 12, 2026, 3:22 AM CT.

Listings marked with the NTREIS logo are provided through the NTREIS Internet Data Exchange (IDX) program. IDX data may not be reproduced or redistributed. Status key: Active means available; Active Under Contract and Pending mean under contract but not yet closed. To report an inaccuracy, call or text 817-756-9642 or email jhbakerjr@gmail.com.