5470 County Road 398
Stephenville, TX, 76401
$1,290,000
5 Beds
3 Baths
3,072 SqFt
31.46 Acres
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Location

Incredible 31.46 acre horse property located in Stephenville, Texas, the Cowboy Capital of the World, and just 10 miles from the renowned Tarleton State University rodeo arena. This premier ranch was custom-designed by a professional trainer for superior functionality and efficiency. The impressive barn features seven oversized pipe and wood stalls, including one large stall perfect for starting colts in the shade. A 17 x 25 tack room offers a swinging saddle rack wall for quick and organized access, while a separate feed room provides abundant storage. A barn length 20 by 90 overhang is ideal for equipment or hay, and a large carport accommodates trailers or heavy machinery. Ample covered space allows for saddling or working multiple horses with ease and comfort. Equine amenities include a lighted 150 x 250 pipe arena with Priefert lead-up and chute, a 100 x 100 square pen enclosing a round pen, automatic waterers throughout, and an efficient alley-fed layout featuring 15 pens and multiple cross fenced turnouts with cover. The thoughtfully updated five bedroom, three bathroom home combines comfort with practical ranch living. Enjoy granite countertops, custom cabinetry, a spacious eat in kitchen with center island and walk-in pantry, and a main-level master suite with abundant natural light and dual walk in closets. A second master suite offers its own private full bath. Additional features include generous attic storage, a two car attached garage, a functional mudroom, and a fully fenced yard perfect for pets or kids. This turnkey equestrian estate offers unmatched value and design for serious horsemen, trainers, or rodeo competitors seeking proximity to the heart of Texas rodeo country.

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

Property Details

Price:
$1,290,000
MLS #:
20987000
Status:
Active Under Contract
Beds:
5
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
A0229 ERATH CO SCHOOL LAND
Listed Date:
Jul 3, 2025
Finished Sq Ft:
3,072
Lot Size:
1,370,398 sqft / 31.46 acres (approx)
Year Built:
2003
GarageA0229 Erath Co School LandLingleville IsdLinglevillLinglevillLinglevill

Schools

School District:
Lingleville ISD
Elementary School:
Linglevill
Middle School:
Linglevill
High School:
Linglevill

Interior

Bathrooms Full
3
Cooling
Ceiling Fan(s), Electric
Fireplace Features
Family Room, Living Room, Stone, Wood Burning
Fireplaces Total
1
Flooring
Carpet, Luxury Vinyl Plank, Tile
Heating
Central, Electric, Propane
Interior Features
Built-in Features, Cable T V Available, Double Vanity, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Kitchen Island, Natural Woodwork, Pantry, Vaulted Ceiling(s), Walk- In Closet(s)
Number Of Living Areas
1

Exterior

Carport Spaces
8
Construction Materials
Rock/ Stone, Siding
Exterior Features
Covered Patio/ Porch, Lighting, Private Entrance, R V/ Boat Parking, Stable/ Barn, Storage, Other
Fencing
Cross Fenced, Fenced, Full, Metal, Net, Perimeter, Pipe, Wood
Garage Length
23
Garage Spaces
2
Garage Width
23
Lot Size Area
31.4600
Number Of Residences
1
Number Of Wells
1
Vegetation
Grassed

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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Community

Subdivisions in Stephenville

Market Summary

Current real estate data for Single Family in Stephenville as of Aug 02, 2025
182
Single Family Listed
110
Avg DOM
287
Avg $ / SqFt
$644,565
Avg List Price

Property Summary

    Located in the A0229 ERATH CO SCHOOL LAND subdivision, 5470 County Road 398 Stephenville TX is a Single Family for sale in Stephenville, TX, 76401. It is listed for $1,290,000 and features 5 beds, 3 baths, and has approximately 3,072 square feet of living space, and was originally constructed in 2003. The current price per square foot is $420. The average price per square foot for Single Family listings in Stephenville is $287. The average listing price for Single Family in Stephenville is $644,565. To schedule a showing of MLS#20987000 at 5470 County Road 398 in Stephenville, TX, contact your Aaron Layman Properties agent at 940-209-2100.
5470 County Road 398
Stephenville, TX