1000 Fm 205, Stephenville, TX 76401 - Photo 1

1/1

$350,000 -$100,000 (-22.22%) Price Reduced

For Sale
Active
Single Family
3 Beds
1 Full Bath
4.8 Acres
Updated 6 days ago

1/1

Property Description

Discover a unique opportunity with this versatile multi-use property, perfectly situated on 5 acres MOL in a prime location off of HWY 377. This residential gem offers endless possibilities for residential living, commercial ventures, or as an investment property. With city utilities available nearby and an existing water well in place, and two storage barns, this property is ready for your vision. Whether you're looking to reside, start a business, or invest in a growing area, this property provides the perfect canvas to make it happen.

Full Property Details

Full Property Details for 1000 FM 205

General

Price: $350,000
Taxes: $3,173
Status: Active
Type: Single Family
Source: NTREIS
MLS ID: 21146029
Updated: 1/12/2026
Added to Site: 12 day(s) ago

Interior

Interior Features: Other
Appliances: Electric Cooktop, Electric Oven

Rooms

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1

Bedrooms

Total Bedrooms: 3

Parking

Parking Features: Driveway

Location

County: Erath
Subdivision: City Add
Driving Directions: Starting from Erath County Courthouse turn right onto S Graham St and travel for about 0.7 of a mile and turn left onto E South Loop. Travel for 1 mile then take a slight right turn onto FM-205 and the destination should be on your right in 0.2 miles.

School Information

Elem School District: Stephenville ISD
Midd School District: Stephenville ISD
High School District: Stephenville ISD
Elementary School: Central
High School: Stephenvil

Utilities

Water: Well
Well: Yes
Utility Description: Electricity Available, Sewer Available, Water Available

Structural Information

Property Detached: Yes
Architectural Style: Detached
Structure Type: House
Detached/Attached: Detached
Stories/Levels: 2
Living Area: 1,664 Sq. Ft.
Year Built: 1940

Lot Features

Lot Size (Acres): 4.8
Lot Size (Sq. Ft.): 209,088

Financial Considerations

For Sale/Rent/Lease: For Sale
Tax Amount: $3,173

Disclosures and Reports

Legal Description: ACRES: 4.800 S2600 CITY ADDITION BLOCK 158 LO
Property ID: R000025150
Block: 158
Lot Number: 8

Listed by Platinum Ranch Realty, Molly Smallwood and Platinum Ranch Realty, Morgan Tindle

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Listing agents

— 1000 FM 205 —

Molly Smallwood

Platinum Ranch Realty
Morgan Tindle

Platinum Ranch Realty

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NMLS#: 1598647

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Schools

Schools serving 1000 FM 205

School District:Stephenville Independent School District

Name	Grades	Distance
Central Elementary School, Stephenville, TX 780 West Washington Street, Stephenville, TX 76401	PK-K	1.6 mi
Hook Elementary School 1067 West Jones Street, Stephenville, TX 76401	3-4	1.9 mi
Chamberlin Elementary School 1601 West Frey, Stephenville, TX 76401	1-2	2.5 mi
Henderson Junior High School 2798 West Frey, Stephenville, TX 76401	7-8	3.5 mi
Stephenville High School 2650 West Overhill Drive, Stephenville, TX 76401	9-12	3.3 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1000 FM 205 Get Price Alerts and Save Property

Date

Details

Price

Change

Source

1/12/2026

Price Reduced

$350,000

-22.22%

MLS

1/06/2026

Listed

$450,000

—

MLS

Get Price Alerts and Save Property

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 1000 FM 205

Year

Property Taxes

Change

Tax Assessment

Change

2023

$1,139

—

$227,560

2%

2023

$1,139

—

$224,070

—

2023

$1,139

4%

$223,300

12%

2022

$1,100

—

$199,080

45%

2021

$1,103

5%

$136,990

7%

2020

$1,053

—

$128,380

2%

2019

$1,056

-5%

$125,450

4%

2017

$1,108

—

$120,840

-8%

2017

$1,108

10%

$130,910

13%

2016

$1,007

—

$116,290

—

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1000 Fm 205, Stephenville, TX 76401 (MLS# 21146029) is a Single Family property with 3 bedrooms and 1 full bathroom. 1000 Fm 205 is currently listed for $350,000 and was received on January 06, 2026. Want to learn more about 1000 Fm 205? Do you have questions about finding other Single Family real estate for sale in Stephenville? You can browse all Stephenville real estate or contact a Coldwell Banker agent to request more information.

1000 FM 205 Stephenville, TX 76401