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    3388 County Road 428 Stephenville, TX 76401

    New
    For Sale
    $1,285,000

    Ranch - Stephenville, TX

    Type:Ranch
    Lot size:
    35.36 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 11 at 12:06 am

    Property Features for 3388 County Road 428

    General Information

    Property type
    Land
    Property subtype
    Ranch
    Standard status
    Active
    APN
    R000026577
    Exterior features
    Fence
    Fencing
    Fenced
    Lot size
    35.36 Acres

    Building Details

    Year built
    2000
    Architectural style
    Ranch

    BROOKS LAND GALLERY, INC. (254) 965-5051

    Listing agent Brandon Smith (254) 965-5051

    Listing date Dec 10, 2025

    MLS# 21128144 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

    35-Acre Ranch in Stephenville, TX

    This 35.36-acre property is located in Stephenville, Erath County, Texas, within the Huckabay ISD. It is positioned to be the fundamental lead to a brand new development. The property is suitable for operating a horse motel, stable, or training center for the upcoming Palomino Run Development, a planned, horse-friendly community convenient to both I20 and Stephenville. The site includes two covered 3,400 sq ft barns that could be converted to horse stalls or hay storage, covered holding pens, a commodity barn, 3-phase electricity, hay sheds, and a water well. The majority of the perimeter fence is in place. The property offers elevation opportunities for building a dream home with views. It presents a rare opportunity to be the first and largest landowner within the boundaries of an upcoming subdivision. Additional acreage is available.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Stephenville
    County
    Erath
    State
    Texas
    Longitude
    -98.301276
    Latitude
    32.300154

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    FAQs

    What type of property is this?
    Ranch - 35-acre ranch suitable for development near upcoming Palomino Run.
    Where is this ranch located?
    The property is located at 3388 County Road 428 Stephenville, TX.
    What is the asking price?
    The asking price for this property is $1,285,000.
    What are key features of this property?
    This property features: - 1.35 acre property in Huckabay ISD, ideal for horse-related business within the upcoming Palomino Run Development.; - **Two large (3400 sq ft each) covered barns, easily convertible to horse stalls or hay storage.**; - Opportunity to be the first and largest landowner in a new, horse-friendly subdivision.
    (254) 965-5051
    Request Owner's contact information
    3388 County Road 428 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
    3388 County Road 428 Stephenville, TX 76401
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