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$4,000,000
123± Acres
Active
Erath County, TX
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6407 Us Highway 377, Stephenville, Texas

MLS ID: 20943693
Status: Active
Price: $4,000,000
Acres: 123±
Type: Unimproved, Land, Commercial
Address: 6407 Us Highway 377
City, State: Stephenville, TX
County: Erath County
ZIP Code: 76401
Lat/Long: 32.182974, -98.263449
Parcel Number: R000044831
Year Built: 1999

Description

123 Acres of Income-Producing Land with Highway Frontage with Turnkey Agricultural & Equestrian Operations

Prime opportunity to own 123 acres of income-generating land with excellent visibility and access, featuring over 1,000 feet of highway frontage along Hwy 377 and a second entrance off County Road 279. This exceptional property is located within an Opportunity Zone and benefits from an Agricultural Exemption.

Currently home to two well-established businesses

A 36-year-old wholesale nursery with expansive infrastructure

A fully operational horse training and breeding facility

Agricultural Infrastructure includes,

4 high-capacity water wells 15–100 GPM, with a recycled runoff system

Irrigation system featuring 4”–6” pipe network spanning the entire property

80 acres planted with field-grown nursery stock

30 cold frame greenhouses with irrigation

2–5 acres of irrigated growing pads for large container trees and plants

Facilities Include:

Modern metal office building with 6 offices, 2 restrooms, kitchen, large workshop with storage loft, 3 roll-up doors, and tool room

Equestrian center with Large tack room, hay & feed barn, 6 covered outdoor stalls, and 8 oversized stalls within a covered arena

Whether you're looking to expand an agricultural enterprise, invest in income-producing land, or own a turnkey equestrian facility, this versatile property offers outstanding potential in a sought after location, could be the perfect development property.

Directions: From Stephenville drive south on HWY 377 for 6miles property will be in the east side of 377

Additional Information

Interior

Building Area Total: 6,800
Cooling (Yes/no): Yes
Cooling: Central Air, Electric
Flooring: Concrete
Heating (Yes/no): Yes
Heating: Central, Electric

Exterior

Foundation Details: Slab
Inclusions: Land & Improvements
Lot Features: Acreage, Agricultural, Pasture, Pond On Lot, Many Trees
Lot Size Area: 123
Lot Size Source: Public Records
Lot Size Square Feet: 5,357,880
Road Frontage Type: Farm To Market Road
Roof: Metal

Financial/HOA/Schools

Zoning Description: commercial

Extra Information

Virtual Tour: https://www.propertypanorama.com/instaview/ntreis/20943693

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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 May 26, 2026 at 12:00:00 AM 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: May 26, 2026 at 12:00:00 AM UTC

Listed By: Jill Hogg of Ranchland Texas Realty