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$12,975,000
1,150.74± Acres
Active
Erath County, TX
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5090 County Road 182, Stephenville, Texas

MLS ID: 21299476
Status: Active
Price: $12,975,000
Acres: 1,150.74±
Type: Ranch, Land
Address: 5090 County Road 182
City, State: Stephenville, TX
County: Erath County
ZIP Code: 76401
Lat/Long: 32.216682, -98.098601
Parcel Number: R000014774
Year Built: 2019

Description

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.

Directions: Contact Tully Janszen on his Cell for GPS location

Additional Information

Exterior

Fencing: Barbed Wire, Gate, Perimeter
Horse Amenities: Barn
Lot Features: Acreage, Agricultural, Hardwood Trees, Pasture, Pond On Lot, Rolling Slope, Wooded
Lot Size Area: 1,151
Lot Size Source: Public Records
Lot Size Square Feet: 50,126,234
Other Structures: Corrals, Barns
Pasture Area: 1,150
Road Frontage Type: County Road

Financial/HOA/Schools

Elementary School: Chamberlai
Elementary School District: Stephenville ISD
Middle School: Gilbert, Stephenvil
Middle School District: Stephenville ISD
High School: Stephenvil
High School District: Stephenville ISD
Subdivision Name: Na
Tax Annual Amount: 1937
Zoning Description: Agriculture

Extra Information

Documents Available: Aerial, Survey
Virtual Tour: https://www.propertypanorama.com/instaview/ntreis/21299476

Maps

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Matt Milligan

Matt Milligan

Weatherford, Texas

(817) 694-1121

Interested? Contact Us Today About This Listing

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All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of June 17, 2026 at 12:00:00 PM UTC.

You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: June 17, 2026 at 12:00:00 PM UTC

Listed By: Tully Janszen of Texas Ranch Kings Realty