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    6407 S Us Highway 377 Stephenville, TX 76401

    For Sale
    $4,000,000

    Unimproved Land - Stephenville, TX

    Type:Unimproved Land
    Lot size:
    123.00 Acres
    Days on Market:
    196
    Last Refresh:
    Dec 11 at 2:06 pm

    Property Features for 6407 S Us Highway 377

    General Information

    Property type
    Commercial Sale
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    R000044831
    Lot size
    123.00 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1999
    Flooring type
    Concrete
    Building materials
    Metal Siding
    Roof type
    Metal
    Architectural style
    Other

    Keller Williams Heritage West (254) 335-0500 [email protected]

    Listing agent Jill Hogg (254) 335-0500 License #0787189

    Listing date May 30, 2025

    MLS# 20943693 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

    Income-Producing Land with Highway Frontage

    This 123-acre property offers income-generating land with highway frontage along Hwy 377, featuring over 1,000 feet of visibility and access, plus a second entrance off County Road 279. The property is located within an Opportunity Zone and benefits from an Agricultural Exemption. Currently, the land supports a 36-year-old wholesale nursery with expansive infrastructure and a fully operational horse training and breeding facility. Agricultural infrastructure includes 4 high-capacity water wells ranging from 15 to 100 GPM, with a recycled runoff system, and an irrigation system featuring a 4"–6" pipe network spanning the entire property. Approximately 80 acres are planted with field-grown nursery stock, along with 30 cold frame greenhouses with irrigation, and 2–5 acres of irrigated growing pads for large container trees and plants. Facilities include a modern metal office building with 6 offices, 2 restrooms, a kitchen, a large workshop with a storage loft, 3 roll-up doors, and a tool room. The equestrian center includes a large tack room, hay and feed barn, 6 covered outdoor stalls, and 8 oversized stalls within a covered arena. This versatile property offers outstanding potential in a sought-after location and could be the perfect development property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Horse & equestrian properties

    Suggested Use

    Realty agency Building Supply Hair Salon Wholesale Shop Pharmacy Auto Repair Shop Department Store Gym & Fitness Storage Facility Furniture Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Stephenville
    County
    Erath
    State
    Texas
    Longitude
    -98.263449
    Latitude
    32.182974

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    FAQs

    What type of property is this?
    Horse & equestrian property - 123 acres with highway frontage, turnkey agricultural & equestrian operations.
    Where is this horse & equestrian property located?
    The property is located at 6407 S Us Highway 377 Stephenville, TX.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: - 123 acres of income-producing land with over 1,000 feet of highway frontage on Hwy 377.; - Turnkey agricultural and equestrian operations, including a 36-year-old wholesale nursery and a fully operational horse training/breeding facility.; - Extensive agricultural infrastructure: 4 high-capacity water wells, irrigation system, 80 acres of field-grown nursery stock, and 30 cold frame greenhouses.
    (254) 335-0500
    Request Owner's contact information
    6407 S Us Highway 377 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
    6407 S Us Highway 377 Stephenville, TX 76401
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