481 Diana Ln Stephenville, TX 76401
Estimated payment $3,534/month
About This Lot
Discover peaceful living just outside Stephenville with space, style, and endless possibilities.
Welcome to 481 Diana Lanea beautifully updated, ranch-style home nestled on 1.968 acres in the desirable Peacock Estates of Stephenville, Texas. This spacious 4-bedroom, 2.5-bath property offers the perfect blend of country serenity and convenient access to town. Whether youre looking for a family home, a place to raise animals, or a personal retreat, this home checks every box.
Step inside to a warm and inviting living area complete with a brick fireplace, built-in cabinetry, and fresh interior paint. New flooring, modern lighting fixtures, and updated bathroom finishes add a stylish and functional touch throughout. The kitchen shines with granite countertops and comes equipped with a full suite of appliances including an electric cooktop and oven, dishwasher, and water softener.
With 2,682 square feet of thoughtfully designed living space, the layout includes a spacious primary suite with walk-in closet and en-suite bath, multiple gathering areas, and a two-car attached garage. Outside, youll find mature trees offering shade and beauty, dual paved road access, and ample room for a future workshop, horse setup, or FFA/4H projects.
Major updates include a brand-new heat pump and water heater, giving you peace of mind for years to come. Located just minutes outside city limits with minimal deed restrictions and no HOA, the freedom to customize your lifestyle is all yours.
This property is move-in ready and competitively priced at $569,000dont let this rare opportunity pass you by.
Key Features:
4 bedrooms, 2.5 bathrooms
2,682 sq ft per assessor
1.968-acre lot in Peacock Estates
Fresh paint, new lighting & flooring
Updated bathrooms & granite countertops
Brick fireplace & built-in cabinetry
Central heat & air (new heat pump)
Brand-new water heater
Electric cooktop, oven, and water softener
Attached 2-car garage
Driveway with dual paved access
Outside city limits with minimal restrictions
Ideal for horses, workshop, or ag projects
Stephenville ISD school district
Dont miss this rare opportunity!
Contact Preferred Properties of Texas to schedule a showing!
All information is to be verified by buyers and buyers agent.

Property Details
Property Type
- Land
Est. Annual Taxes
- $4,933
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $4,933 | $399,050 | $59,040 | $340,010 |
2023 | $3,586 | $373,410 | $59,040 | $314,370 |
2022 | $4,705 | $329,020 | $59,040 | $269,980 |
2021 | $4,575 | $273,030 | $49,200 | $223,830 |
2020 | $4,696 | $253,660 | $49,200 | $204,460 |
2019 | $4,357 | $242,270 | $49,200 | $193,070 |
2018 | $3,994 | $232,730 | $49,200 | $183,530 |
2017 | $3,993 | $232,670 | $49,200 | $183,470 |
2016 | $3,824 | $222,830 | $39,360 | $183,470 |
2015 | $3,393 | $214,570 | $39,360 | $175,210 |
2014 | $3,393 | $208,600 | $39,360 | $169,240 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/18/2025 07/18/25 | Price Changed | $564,000 | 0.0% | $210 / Sq Ft |
07/18/2025 07/18/25 | Price Changed | $564,000 | -0.9% | -- |
07/11/2025 07/11/25 | Price Changed | $569,000 | 0.0% | -- |
06/10/2025 06/10/25 | Price Changed | $569,000 | -3.4% | $212 / Sq Ft |
05/01/2025 05/01/25 | For Sale | $589,000 | +44.0% | $220 / Sq Ft |
06/04/2024 06/04/24 | Sold | -- | -- | -- |
05/08/2024 05/08/24 | Pending | -- | -- | -- |
04/22/2024 04/22/24 | Price Changed | $409,000 | -4.7% | $152 / Sq Ft |
03/30/2024 03/30/24 | Price Changed | $429,000 | -2.3% | $160 / Sq Ft |
03/20/2024 03/20/24 | Price Changed | $439,000 | -25.5% | $164 / Sq Ft |
03/04/2024 03/04/24 | For Sale | $589,000 | +31.2% | -- |
01/12/2024 01/12/24 | For Sale | $449,000 | 0.0% | $167 / Sq Ft |
12/18/2023 12/18/23 | Pending | -- | -- | -- |
11/09/2023 11/09/23 | For Sale | $449,000 | -- | $167 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | -- | King Title | |
Vendors Lien | -- | Cross Timbers Title |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $308,000 | New Conventional | |
Previous Owner | $230,000 | New Conventional | |
Previous Owner | $126,542 | Unknown |
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