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$2,480,000 -$20,000 (-0.8%) Price Reduced

  • For Sale
  • Active
  • Lots/Land
  • 36.11 Acres
  • Updated 13 hours ago
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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!!

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: 502 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

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1154 FM 205

School District:Stephenville Independent School District
NameGradesDistance
Central Elementary School, Stephenville, TX
780 West Washington Street, Stephenville, TX 76401
PK-K1.7 mi
Hook Elementary School
1067 West Jones Street, Stephenville, TX 76401
3-42 mi
Chamberlin Elementary School
1601 West Frey, Stephenville, TX 76401
1-22.6 mi
Henderson Junior High School
2798 West Frey, Stephenville, TX 76401
7-83.6 mi
Stephenville High School
2650 West Overhill Drive, Stephenville, TX 76401
9-123.4 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 for 1154 FM 205

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,955
155%
$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.

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Keller Williams Brazos West, Sam Byrd

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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.

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