1154 Fm 205, Stephenville, TX 76401 - Photo 1

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$2,480,000

For Sale
Active
Lots/Land
36.11 Acres

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Property Description

Check this one out!! This one is a great opportunity, located just on the edge of the city limits and the Stephenville airport! This is a prime property and location for Stephenville's next subdivision. There is a fire hydrant, city water and sewer located at the front of the property! The property features just over 36 acres of prime sandy loam soil, its cleared and very level! The property will come with some building restrictions due to it's close proximity to the airport, mostly height limitations on the structures. With all that said, this is one of the only tracts available that has city services! Come take a look and see if this is the project for you!! This is also a fantastic horse property with the utmost potential for future growth and value! Buy it, use it and watch it gain value!!

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Full Property Details

Full Property Details for 1154 FM 205

General

Price: $2,480,000
Taxes: $4,817
Status: Active
Type: Lots/Land
Source: NTREIS
MLS ID: 20826468
Updated: 6/10/2026
Added to Site: 620 day(s) ago

Location

County: Erath
Subdivision: None
Driving Directions: GPS Friendly address

School Information

Elem School District: Stephenville ISD
Midd School District: Stephenville ISD
High School District: Stephenville ISD
Elementary School: Central
Middle School: Gilbert, Stephenvil
High School: Stephenvil

Utilities

Sewer: Public Sewer, Septic Tank
Water: Public, Well
Well: Yes
Utility Description: Electricity Available, Sewer Available, Septic Available, Water Available

Structural Information

Detached/Attached: Detached
Year Built: 1995

Additional Structures

Other Structures: Barn(s)

Lot Features

Lot Size (Acres): 36.11
Lot Size (Sq. Ft.): 1,572,951.6
Frontage: Farm to Market Road, All Weather Road, Asphalt
Lot Features: Acreage, Cleared, Pond on Lot
Development Status: Other
Zoning: Unzoned

Horse Property

Horse Facility Desc.: Barn, Loafing Shed, Stable(s)

Financial Considerations

Tax Amount: $4,817

Disclosures and Reports

Legal Description: ACRES: 15.750 A0683 SIMS WILLIAM; MH & HOUSE
Exclusions: Personal belongings, equipment, portable panels, chutes, horse walker, tenants possessions
Property ID: R000025026

Listed by Keller Williams Brazos West, Sam Byrd

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Listing agent

— 1154 FM 205 —

Sam Byrd

Keller Williams Brazos West

254-592-6877,254-592-6877

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NMLS#: 1598647

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Schools

Schools serving 1154 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	1.7 mi
Hook Elementary School 1067 West Jones Street, Stephenville, TX 76401	3-4	2 mi
Chamberlin Elementary School 1601 West Frey, Stephenville, TX 76401	1-2	2.6 mi
Henderson Junior High School 2798 West Frey, Stephenville, TX 76401	7-8	3.6 mi
Stephenville High School 2650 West Overhill Drive, Stephenville, TX 76401	9-12	3.4 mi

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

Price & Sales History for 1154 FM 205 Get Price Alerts and Save Property

Date

Details

Price

Change

Source

6/10/2026

Price Reduced

$2,480,000

-0.8%

MLS

1/24/2025

Listed

$2,500,000

—

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 1154 FM 205

Year

Property Taxes

Change

Tax Assessment

Change

2025

$1,695

-13%

$1,760

1%

2023

$1,942

—

$1,740

4%

2023

$1,942

-11%

$1,670

-99%

2022

$2,174

19%

$199,220

100%

2021

$1,826

-4%

100%

2020

$1,897

6%

100%

2019

$1,787

3%

100%

2017

$1,740

3%

100%

2016

$1,685

—

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

Estimate the Cost

Estimate the Cost for 1154 FM 205

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1154 Fm 205, Stephenville, TX 76401 (MLS# 20826468) is a Lots/Land property with a lot size of 36.11 acres. 1154 Fm 205 is currently listed for $2,480,000 and was received on January 24, 2025. Want to learn more about 1154 Fm 205? Do you have questions about finding other Lots/Land real estate for sale in Stephenville? You can browse all Stephenville real estate or contact a Coldwell Banker agent to request more information.

1154 FM 205 Stephenville, TX 76401