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    1866 E Washington St Stephenville, TX 76401

    For Sale
    $3,600,000

    Ranch - Stephenville, TX

    Type:Ranch
    Lot size:
    40.00 Acres
    Days on Market:
    504
    Last Refresh:
    Dec 10 at 4:06 am

    Property Features for 1866 E Washington St

    General Information

    Property type
    Land
    Property subtype
    Ranch
    Standard status
    Active
    APN
    R000025006
    Exterior features
    Storm Cellar, Storage, Fence
    Fencing
    Fenced
    Lot size
    40.00 Acres

    Building Details

    Year built
    1950
    Architectural style
    Ranch
    Additional Structures
    Storage

    DONAHO REAL ESTATE GROUP (254) 595-0066

    Listing agent Paula Donaho (254) 595-0066

    Listing date Jul 25, 2024

    MLS# 14655558 Listing URL

    Copyright © 2025 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.

    Overview

    40 Acres on Business 377

    This 40-acre property is located on Business 377 with access to US Hwy 377 South Loop, approximately 1 mile from the US Hwy 281 intersection. The site is suitable for an industrial complex, multiple housing development, or other commercial uses. City water is available, and city sewer is nearby. The property includes a rock farmhouse needing TLC, a water well, old barns, and a storm shelter. Fencing and some cross fencing are in place. Situated on the outside edge of the city limits, the property is in the ETJ in Stephenville, Texas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ranches

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Stephenville
    County
    Erath
    State
    Texas
    Longitude
    -98.182583
    Latitude
    32.228224

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    FAQs

    What type of property is this?
    Ranch - 40 acres suitable for industrial or housing development in Stephenville, TX.
    Where is this ranch located?
    The property is located at 1866 E Washington St Stephenville, TX.
    What is the asking price?
    The asking price for this property is $3,600,000.
    What are key features of this property?
    This property features: - 40+- acres with access to Business 377 and US Hwy 377 South Loop.; - Proximity to US Hwy 281 intersection (approximately 1 mile).; - Suitable for industrial complex, multiple housing development, or other commercial uses.
    (254) 595-0066
    Request Owner's contact information
    1866 E Washington St Stephenville, TX 76401
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    Stephenville, TX 76401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1866 E Washington St Stephenville, TX 76401
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