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    3891 County Road 351 Stephenville, TX 76401

    For Sale
    $1,249,000

    Ranch, Farm/Ranch - Stephenville, TX

    Type:Farm
    Property size:
    2,337 SF
    Lot size:
    40.25 Acres
    Days on Market:
    74
    Last Refresh:
    Dec 13 at 1:06 pm

    Property Features for 3891 County Road 351

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3
    Bedrooms
    3
    Bathrooms
    2
    APN
    R000023721
    Parking features
    Covered, Driveway, Garage, Gated
    Patio and Porch features
    Patio, Porch
    Interior features
    High Speed Internet Available
    Exterior features
    Covered Patio/Porch, Private Entrance, Stable/Barn, Fence
    Fencing
    Fenced
    Fireplace
    1
    Appliances
    Cooktop, Cooktop - Electric, Dishwasher, Washer
    Size
    2,337 SF
    Lot size
    40.25 Acres

    Utilities

    Heating system
    Central, Fireplace(s), Propane (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1959
    Floors in Building
    1
    Flooring type
    Carpet, Laminate, Tile, Tile - Ceramic
    Building materials
    Brick
    Roof type
    Shingle
    Architectural style
    Ranch
    Additional Structures
    Barn(s), Stable(s)

    Mango Rhodes Land Advisors, LP (512) 618-7449

    Listing agent Kim Parham (512) 618-7449 License #0769522

    Listing date Oct 1, 2025

    MLS# 21034481 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

    Stephenville Horse Property with Arena

    Located just outside of Stephenville, this horse property offers extensive features across 40.254 acres. The property includes two gated entrances and driveways off a paved County Road within the Stephenville school district. The residence, built in 1959, spans over 2300 square feet and features an oversized office with custom built-in cabinets and bookshelves, a large living room with a wood-burning fireplace, and a master bedroom with a private entrance. Upgrades include a new roof and well installed last year, as well as updated living room, office windows, and hallway bathroom. A 36x24 workshop with a separate gated entrance and driveway could be converted into guest quarters, featuring a bathroom and separate septic system. The property is equipped for rodeo playdays and team matches, with ample parking space. Equestrian facilities include a 40x65 seven-stall horse barn with two tack and storage rooms, a concrete wash station, fans, timed lights, and sliding doors, a 60-foot round pen, a 40x50 rock barn with a feed room, multiple pens, loafing sheds, a 275x130 sandy arena with shoot and catch pens, and a 25x330 roping lane. Multiple pastures are available for grazing. The property also includes a 36'x24' insulated workshop with 12x12 lockable storage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ranches

    Suggested Use

    Building Supply Hair Salon Hotel & Motel Department Store Storage Facility Discount Store Garden Center Pawn Shop Bed & Breakfast Arcade & Gaming Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Stephenville
    County
    Erath
    State
    Texas
    Longitude
    -98.2870086
    Latitude
    32.1778792

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    FAQs

    What type of property is this?
    Horse & equestrian property - Horse property featuring arena, barns, workshop, and comfortable living space.
    Where is this horse & equestrian property located?
    The property is located at 3891 County Road 351 Stephenville, TX.
    What is the asking price?
    The asking price for this property is $1,249,000.
    What are key features of this property?
    This property features: - Extensive horse property setup with 7-stall barn, round pen, sandy arena, roping lane, multiple pastures, and more.; - 36x24 insulated workshop with lockable storage, suitable for a home office, guest quarters, rental, or AirBnB (separate septic available).; - Spacious 2300+ sqft home with oversized office featuring custom built-in cabinets and bookshelves.
    (512) 618-7449
    Request Owner's contact information
    3891 County Road 351 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
    3891 County Road 351 Stephenville, TX 76401
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