5090 County Road 182, Stephenville, TX 76401

This expansive ranch offers productive cattle country, diverse terrain, and significant water features. Richardson Creek traverses the property and has been dammed to create a scenic several-acre lake, supporting fishing and waterfowl habitat while providing a reliable water source. The land includes excellent grazing pastures with sandy soils suited for horses, along with massive hardwood bottoms, live oak motts, cedar breaks, and rolling topography with views throughout. Improvements include two sets of cattle working pens, two water wells, and a 40x25 shop. Access is supported by an extensive network of ranch roads and trails spanning the property.

The ranch is located about 7 miles from Stephenville, and the main entrance is off County Road 182. In addition, there is a granted and deeded 70-foot-wide easement from Highway 67 near the Stephenville Rodeo Grounds, providing added accessibility and long-term value.

For buyers seeking a single-owner operating ranch or a recreational property, this combination of working infrastructure, abundant wildlife, and established water makes it straightforward to plan around cattle, equestrian uses, and hunting. The property also includes the former Tarleton State University research ranch and observatory, adding a distinctive historical component. With limited structural improvements and numerous homesite locations, it offers flexibility to develop a premier ranch, recreation tract, or legacy family retreat.