
5470 County Road 398 Stephenville, TX 76401
Estimated payment $7,774/month
Highlights
- Parking available for a boat
- 31.46 Acre Lot
- Traditional Architecture
- Stables
- Vaulted Ceiling
- Granite Countertops
About This Home
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.
Listing Agent
Ebby Halliday Realtors Brokerage Phone: (254) 965-7653 Listed on: 07/02/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,533
Year Built
- Built in 2003
Lot Details
- 31.46 Acre Lot
- Property fronts a county road
- Private Entrance
- Cross Fenced
- Property is Fully Fenced
- Wood Fence
- Aluminum or Metal Fence
- Perimeter Fence
- Pipe Fencing
- Landscaped
- Cleared Lot
- Few Trees
- Back Yard
Parking
- 2 Car Attached Garage
- Attached Carport
- Parking Pad
- Oversized Parking
- Lighted Parking
- Front Facing Garage
- Drive Through
- Gravel Driveway
- Additional Parking
- Open Parking
- Parking Lot
- Parking available for a boat
- RV Carport
Home Design
- Traditional Architecture
- Slab Foundation
- Composition Roof
Interior Spaces
- 3,072 Sq Ft Home
- 2-Story Property
- Built-In Features
- Woodwork
- Vaulted Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Stone Fireplace
- Window Treatments
- Family Room with Fireplace
- Living Room with Fireplace
- Washer Hookup
Kitchen
- Eat-In Kitchen
- Electric Range
- Dishwasher
- Kitchen Island
- Granite Countertops
Flooring
- Carpet
- Tile
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
- Double Vanity
Outdoor Features
- Covered patio or porch
- Exterior Lighting
- Outdoor Storage
Schools
- Linglevill Elementary School
- Linglevill High School
Farming
- Agricultural
- Pasture
Horse Facilities and Amenities
- Wash Rack
- Horses Allowed On Property
- Tack Room
- Stables
- Arena
Utilities
- Cooling Available
- Central Heating
- Propane
- Electric Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- A0229 Erath Co School Land Subdivision
Listing and Financial Details
- Assessor Parcel Number R000018330
- Tax Block 19
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 | $7,533 | $2,920 | $0 | $0 |
2023 | $6,765 | $2,620 | $0 | $0 |
2022 | $6,598 | $430,750 | $0 | $0 |
2021 | $6,040 | $0 | $0 | $0 |
2020 | $7,563 | $0 | $0 | $0 |
2019 | $5,588 | $0 | $0 | $0 |
2018 | $5,089 | $0 | $0 | $0 |
2017 | $4,937 | $0 | $0 | $0 |
2016 | $4,758 | $0 | $0 | $0 |
2015 | $5,557 | $0 | $0 | $0 |
2014 | $5,557 | $0 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/02/2025 07/02/25 | For Sale | $1,290,000 | -- | $420 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | -- | King Title |
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Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20987000

APN: R000018330
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