$564,000
$25K PRICE DROP

481 Diana Ln Stephenville, TX 76401

Estimated payment $3,534/month

Total Views 17,063
1.97 Acres
$286,294 Price per Acre
85,813 Sq Ft Lot

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.

Listing Agent

Preferred Texas

Preferred Properties of Texas License #673750 Listed on: 03/04/2024

Listing Provided By

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,933

Property Details

Property Type

Land

Est. Annual Taxes

$4,933

Listing Details

  • Office Phone: 254-329-2117
  • Listing Website: https://www.land.com/property/481-diana-lane-stephenville-texas-76401/19650104/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No

Map

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $308,000 New Conventional
Previous Owner $230,000 New Conventional
Previous Owner $126,542 Unknown
Source: Public Records