PP
Seller's Agent in 2026
PENNY PAYNE
American Frontier Realty Group
3 Total Sales
NEW SURVEY!! Rare opportunity to own a beautiful historic farmhouse on 32 Ag-exempt unrestricted acres just minutes from Stephenville—the Cowboy Capital of the World! This house and outbuildings features a 2692 sqft, 3-bedroom, 2.5-bath Early American farmhouse that blends timeless character with modern improvements and features two wood-burning fireplaces, 2 spacious living areas, a basement, metal roof, and wraparound porches overlooking peaceful countryside views. The property includes multiple outbuildings including a 720 sqft bunkhouse and 4-stall barn with concrete alley, wash bay, feed area and tack room, covered parking high enough for an RV, a windmill, pond, cattle working pens, perimeter fencing, automatic gate, and open pasture.
A major bonus is the property's existing subdivision configuration, you get 2 lots: 22 ac with house, and 10 ac land, each come with separate deeds, creating exceptional flexibility for a family compound, guest homes, multigenerational living, additional residences, or future investment opportunities. Flat usable acreage with mature trees and easy access off US Hwy 67. Located only minutes from Tarleton State University and approximately one hour from Fort Worth. An excellent opportunity to own a well-maintained piece of Texas countryside. Rarely do tracts in this location come available with quality pasture, accessibility, and the potential to create a premier horse or country property.
Last Agent to Sell the Property
American Frontier Realty Group License #0850024 Listed on: 06/25/2026
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/18/2026 08/18/26 | Sold | -- | -- | -- |
| 07/23/2026 07/23/26 | Pending | -- | -- | -- |
| 07/14/2026 07/14/26 | Price Changed | $1,099,500 | -5.6% | $322 / Sq Ft |
| 06/25/2026 06/25/26 | For Sale | $1,165,000 | -- | $341 / Sq Ft |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $11,665 | $6,780 | $0 | $0 |
| 2024 | $114 | $6,720 | $0 | $0 |
| 2023 | $11,427 | $6,460 | $0 | $0 |
| 2022 | $3,442 | $313,580 | $0 | $0 |
| 2021 | $4,095 | $0 | $0 | $0 |
| 2020 | $4,399 | $0 | $0 | $0 |
| 2019 | $3,881 | $0 | $0 | $0 |
| 2018 | $3,618 | $0 | $0 | $0 |
| 2017 | $3,534 | $0 | $0 | $0 |
| 2016 | $3,385 | $0 | $0 | $0 |
| 2015 | $2,798 | $0 | $0 | $0 |
| 2014 | $2,798 | $0 | $0 | $0 |
PP
Seller's Agent in 2026
PENNY PAYNE
American Frontier Realty Group
3 Total Sales
Buyer's Agent in 2026
Jim Raines
Texas Legacy Realty
(817) 564-4405
25 Total Sales
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21313311
Ask me questions while you tour the home.