Location
Located just 7 miles from Stephenville, the Cowboy Capital of Texas, this exceptional 1,150± acre ranch offers a rare combination of productive cattle country, outstanding hunting, abundant water, and future investment potential. Richardson Creek traverses the ranch and has been dammed to create a scenic several-acre lake, providing excellent fishing, waterfowl habitat, and a reliable water source.
The ranch features excellent grazing pastures, sandy soils ideal for horses, massive hardwood bottoms, live oak motts, cedar breaks, and rolling topography with impressive views throughout. Improvements include two sets of cattle working pens, two water wells, a 40×25 shop, and an extensive network of ranch roads and trails providing access across the property.
Wildlife is abundant with exceptional populations of whitetail deer, hogs, waterfowl, and other native game species. The diverse habitat, combined with Richardson Creek, the lake, hardwood bottoms, and thick cover, creates outstanding recreational and hunting opportunities.
Rich in history, the ranch includes the former Tarleton State University research ranch and observatory, adding a unique legacy component rarely found in today’s market. With limited structural improvements, the property presents endless opportunities to develop a premier recreational ranch, cattle operation, equestrian property, or legacy family retreat. Numerous locations offer ideal homesites, and the terrain provides excellent potential for additional lakes and ponds.
The main ranch entrance is located on County Road 182, with the added benefit of a granted and deeded 70-foot-wide easement from Highway 67 near the Stephenville Rodeo Grounds, providing exceptional accessibility and long-term value. An incredibly diverse ranch offering productivity, recreation, history, and investment potential in one of North Texas’ most sought-after ranching regions.
The ranch features excellent grazing pastures, sandy soils ideal for horses, massive hardwood bottoms, live oak motts, cedar breaks, and rolling topography with impressive views throughout. Improvements include two sets of cattle working pens, two water wells, a 40×25 shop, and an extensive network of ranch roads and trails providing access across the property.
Wildlife is abundant with exceptional populations of whitetail deer, hogs, waterfowl, and other native game species. The diverse habitat, combined with Richardson Creek, the lake, hardwood bottoms, and thick cover, creates outstanding recreational and hunting opportunities.
Rich in history, the ranch includes the former Tarleton State University research ranch and observatory, adding a unique legacy component rarely found in today’s market. With limited structural improvements, the property presents endless opportunities to develop a premier recreational ranch, cattle operation, equestrian property, or legacy family retreat. Numerous locations offer ideal homesites, and the terrain provides excellent potential for additional lakes and ponds.
The main ranch entrance is located on County Road 182, with the added benefit of a granted and deeded 70-foot-wide easement from Highway 67 near the Stephenville Rodeo Grounds, providing exceptional accessibility and long-term value. An incredibly diverse ranch offering productivity, recreation, history, and investment potential in one of North Texas’ most sought-after ranching regions.
Property Details
Price:
$12,975,000
MLS #:
21299476
Status:
Active
Baths:
0
Type:
Land
Subtype:
Ranch
Listed Date:
Jun 16, 2026
Lot Size:
50,126,234 sqft / 1,150.74 acres (approx)
Year Built:
2019
Schools
School District:
Stephenville ISD
Elementary School:
Chamberlai
High School:
Stephenvil
Interior
Exterior
Fencing
Barbed Wire, Gate, Perimeter
Lot Size Area
1150.7400
Number Of Tanks And Ponds
6
Number Of Wells
2
Vegetation
Brush, Grassed, Heavily Wooded
Financial

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Similar Listings Nearby
Community
- Address5090 County Road 182 Stephenville TX
- CityStephenville
- CountyErath
- Zip Code76401
Subdivisions in Stephenville
- 00
- 22.053 Acres of: Acres 34.150, A0880 TW MORRISON
- A Bynum Survey
- A0229 ERATH CO SCHOOL LAND
- A0396 H T & B R R CO; HOUSE & BARN
- A0515 MOTLEY WILLIAM
- aa
- Acres4.010
- Anderson Estis Surv Abs #243
- Beaver Creek
- Bell Daniel
- Belmont Add
- Benjamin BRUMLY
- Big Cedar Fields
- BOND EDWARD M
- Bosque Heights
- BROMLY BENJAMIN
- Buffalo Ridge
- Butler Add
- Cage Add
- Campbell Add
- Campbell Catherine
- Cee-Bar Ranch 16
- Chamberlin Add
- Chamberlin Addition Block D
- City Add
- CITY ADDITION
- City of Stephenville
- Clifton Heights
- Clifton Heights Add
- Coastal Rdg Estates
- College Heights
- Colton William
- Counts Add
- Crow Styles Add
- Dale Ave North Add
- Dale Ave North Addn
- Denman Add
- Diamond C Ranch Estates
- Diamond C Ranch Estates Ph I
- Diamond C Ranch Estates Ph II
- Diamond C Ranch Estates Ph III
- Diamond Oaks Ph 02
- Dillard Reuben
- Dw Babock Surv A-57
- Elk Rdg Estates Ph III
- Elk Rdg Sub
- ELK RIDGE ESTATES
- Erath Co School
- Excels Add
- Fai Add
- Ferguson Acres
- Frey Add 01
- Frey Add 02
- Gadi west
- Gaylor, John abs
- Golf Country Estate
- Golf Country Estates
- Golf Country Estates II
- Green Acres
- Green Acres Add
- Greenview
- Groesbeck Add
- Hargrave John
- Hendry Pearson Surv Abs #613
- Henry Fantharp
- Henson Absalom
- Heritage Hills Ph 02
- Heritage Hills Ph 07
- HIFAM INDUSTRIAL PARK
- Highview Estate
- Hill Valley Estate
- Hillcrest Add
- Horsemans Ranch
- J Dupuy Surv Abs #196
- J M Espinosa Surv A-227
- John Blair Surv Abs #32
- John Dupuy A-0197
- Kight Add
- King & Braeuer Add
- Legend Buffalo Ridge Sub Ph I R
- Legends Buffalo Rdg
- Legends of Buffalo Rdg Sub Ph 3 R
- Legends of Buffalo Ridge
- Lockwood Add
- Lookout
- Lookout The
- M R Williams Surv Abs #804
- Marathon Hills
- Mcalister 02
- Meadows Sub
- Millican & Ott Add
- No
- Oak View Subdivision
- One Garden Place
- PARCLAY JAMES; HOUSE & SHED
- Park Place Add
- PARK PLACE ADDITION
- Peacock Estate
- R Dillard Surv Abs #198
- R000022327
- Raley Add
- Ranches at Oakcrest Valley
- Richland Terrace Add
- River Hills Ranch
- River North
- River North Add
- River North Add 02
- S2300 BUTLER ADDITION
- S2500 CHAMBERLIN ADDITION
- S3360 THE MEADOWS
- S5290 Oakdale Meadows
- S5291 HILL VALLEY ESTATES
- S5700 SHAPARD & COLLINS; BLOCK 2; LOT 7
- S6200 SOUTH SIDE ADDITION
- S6200 SOUTH SIDE ADDITION,
- S6600 TANGLEWOOD SECOND ADDITION
- Samuel Dubois Surv Abs #213
- Shapard & Collins
- Sherwood Forrest
- Sims Creek
- Sims William
- Sloan 01
- SMITH HANCOCK
- South Side
- South Side Add
- South Side Addition
- South Tanglewood
- Springfield Park #11
- Stephenville
- Stephenville Bk Add
- Sunrise Mountain
- Sunrise Mountain Ranch
- Sunset Mountain Ranch
- Tanglewood Add 02
- Tanglewood Estate
- Tanglewood Northwest
- Tanglewood Northwest Add
- Tanglewood West Add
- Tarleton Crossings
- Tarleton Heights
- TBD
- TEXAN RANCH WEST
- Timber Creek
- Timber Creek Estate
- Timber Creek Estates
- TIMBER HILLS
- Timber Hills Add
- Trinity Ridge
- University Plaza
- West Oaks Add
- Wild Horse Sub Ph II
- Wildhorse
- William Sims Surv Abs #683
- Williams M R
- Wilson
- Wooded Oaks Add
Market Summary
Current real estate data for Land in Stephenville as of Jun 23, 2026
168
Land Listed
218
Avg DOM
$698,327
Avg List Price
Property Summary
- 5090 County Road 182 Stephenville TX is a Land for sale in Stephenville, TX, 76401. It is listed for $12,975,000 and features 1,151 acres. To schedule a showing of MLS#21299476 at 5090 County Road 182 in Stephenville, TX, contact your Aaron Layman Properties agent at 940-209-2100.

5090 County Road 182
Stephenville, TX



