Search
Versatile Land with Covered Arena
For Sale
Under Contract
$789,900

1075 County Road 494, Stephenville, TX 76401

LAND - Other - Stephenville, TX

Lot Size15.71 Acres
Days on Market24

Property Features for 1075 County Road 494

General Information

Property type Land
Property subtype Other
Zoning description Zoned
Vegetation Wooded, Cleared
Fencing Gate
Subdivision A0605 ODENATH J J
Lot features Agricultural, Cleared, Level, Pasture, Pond On Lot, Rolling Slope, Few Trees
Elementary school Central
Middle school Gilbert,Stephenvil
High school Stephenvil
Elementary school district Stephenville ISD
Middle school district Stephenville ISD
High school district Stephenville ISD
Directions From Stephenville, Granbury Hwy to FM 205 turn right on 205 (Lower Granbury Road) for approx. 2 miles to Wye. Stay straight to CR 494 on left approx. .4 miles. No sign on property, marked 1075 on fence with Green gates.
Standard status Active Under Contract
APN R000023464
Lot size 15.71 Acres

Taxes and HOA fees

Tax Description ACRES: 15.710 A0605 ODENATH J J;
Legal Description ACRES: 15.710 A0605 ODENATH J J;

Utilities

Water source Well

Building Details

Architectural style Other
Additional Structures Arena
Listing Agency: South Gate Realty, LLC
Listed By: Mark Degano · License #0749433
Added: Jul 8 Changed: Jul 27 Last Checked: Jul 31 at 1:06AM
MLS# 21208853

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 15.710-acre property is located 2.2 miles from Stephenville, Texas. The property includes a 135X190 covered arena engineered and designed for multiple apartments, a washroom, a tack room, horse walkers, and other uses. A 20 GPM water well is located to the left of the covered arena, with 3 hydrants throughout the property. There are also three 20X50 horse sheds with tack and feed rooms attached. A 52-foot pipe round pen is situated to the west of the covered building, along with a 175X300 sanded pad suitable for a roping arena. The property offers multiple build sites for a new home, either under the covered arena or elsewhere on the land. It has room for truck and trailer parking. The location is close to Stephenville, 377, and 281.

Key Highlights

  • 15.710 Acres conveniently located just 2.2 miles from Stephenville, Texas.
  • The property features a 135X190 Covered Arena engineered for multiple uses, including apartments, washroom, tack room, and horse walkers.
  • Benefit from a 20 GPM Water Well with 3 hydrants.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Furniture & Home Goods Computer & Electronic Repair Veterinary Clinic Electronics & Wireless Store Car Rental Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby

Demographics for 76401, TX

30,144
Population
13,826
Households
2.2
Avg Household Size
30
Median Age
35%
College-Educated
90%
High-School Grad
411.3 sq mi
ZIP Area
73
Density / Sq Mi
$60,864
Median Household Income
$31,925
Median Earnings
$1,136
Median Rent
$252,000
Median Home Value

Market

Properties on Market for Land in Stephenville

Jan
Feb
Mar
Apr
May
Jun
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - 15.71 acres with covered arena near Stephenville, Texas.
Where is this land located?
The property is located at 1075 County Road 494 Stephenville, TX.
What is the asking price?
The asking price for this property is $789,900.
What are key features of this property?
This property features: 15.710 Acres conveniently located just 2.2 miles from Stephenville, Texas.; The property features a **135X190 Covered Arena** engineered for multiple uses, including apartments, washroom, tack room, and horse walkers.; Benefit from a **20 GPM Water Well** with 3 hydrants.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message