5090 County Road 182
Stephenville, TX, 76401
$12,975,000
Beds
0 Baths
SqFt
1150.74 Acres

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.

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

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
Stephenville IsdChamberlaiStephenvil

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

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

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Aaron a full-service broker serving the Northern DFW Metroplex. Aaron has two decades of experience in the real estate industry working with buyers, sellers and renters.

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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