Date
Details
Price
Change
Source
8/19/2026
Listed
$3,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
In the heart of the Cowboy Capital of the World, this 71.5± acre horse property sits on US Highway 281 just north of Morgan Mill in Erath County, minutes from Stephenville and about an hour from the DFW metroplex. It is already set up and ready to go, so a buyer can bring their horses and rope with friends on move-in day. About 65 acres are in coastal and cut for hay every year, producing hundreds of bales, and the property is ag exempt. Counts Creek runs through it for live water, with big pecan trees along the bottom and deer coming down to the creek in the evenings. There is also a stock tank full of catfish, bluegill, bass, and crappie. The pastures are fenced and cross fenced throughout. The horse setup is built for anyone who rodeos. The lighted pipe arena has Priefert chutes, a calf lane, and sprinklers to keep the footing right. The main horse barn has 5 stalls and 4 runs, a wash bay, and tack room, with 6 more covered pens and runs alongside the arena. A large equipment and hay barn, additional storage building, and shop handle everything else. Trinity well producing 15 to 20 GPM and two 5,000-gallon holding tanks. Two homes make room for family, guests, or help. The main home offers 4 bedrooms and 4 baths in about 2,800 square feet, remodeled in 2021, with a separate office across the carport. The 832-square-foot guest house has a back porch overlooking the arena and could easily bring in rental income. There is also a pool with a spa, diving board, and rock waterfall with outside grill area great for entertaining. This is a place where the horse setup, productive ground, live water, and room for family all come together, without giving up quick access to Stephenville and DFW. Morgan Mill ISD.
Full Property Details
Full Property Details for 24860 N US Hwy 281
General
- Price: $3,100,000
- Status: Active
- Type: Farm
- Source: NTREIS
- MLS ID: 21363565
- Updated: Today (8/19/2026)
- Added to Site: Today
Interior
- Interior Features: Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Other, Vaulted Ceiling(s), Wired for Sound
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood Burning
- Appliances: Double Oven, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Disposal
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Dryer Hookup, ElectricDryer Hookup, Laundry in Utility Room
Additional Information
- Pool: Yes
- Pool Description: Gunite, In Ground, Pool
Exterior
- Exterior Features: Lighting, Storage
- Porch/Patio/Deck: Covered
Parking
- Carports: Yes
- Carport Spaces: 2
- Covered Spaces: 2
- Parking Features: Attached Carport, Concrete, Driveway, Electric Gate
Location
- County: Erath
- Subdivision: none
- Driving Directions: see gps.
School Information
- Elem School District: Morgan Mill ISD
- Midd School District: Morgan Mill ISD
- High School District: Morgan Mill ISD
- Elementary School: Morgan Mill
- Middle School: Morgan Mill
- High School: Morgan Mill
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
- Utility Description: Electricity Available, Septic Available, Water Available
Structural Information
- Architectural Style: Ranch, Detached, Farmhouse
- Structure Type: House
- Detached/Attached: Attached
- Construction: Rock, Stone
- Roof: Metal
- Stories/Levels: 1
- Living Area: 3,632 Sq. Ft.
- Current Bldg. Use: Agricultural, Cattle, Grazing, Pasture
- Year Built: 1997
- Property Condition: Resale
Additional Structures
- Other Structures: Arena, Guest House, Barn(s), Stable(s)
Lot Features
- Lot Size (Acres): 71.5
- Lot Size (Sq. Ft.): 3,114,540
- Lot Features: Acreage, Agricultural, Pasture, Pond on Lot, Few Trees
- Potential Use: Agricultural, Cattle, Grazing, Horses, Livestock, Pasture, Ranch, Residential
- Fencing (Description): Barbed Wire, Cross Fenced, Fenced, Gate, Pipe
Horse Property
- Horse Facility Desc.: Barn, Loafing Shed, Tack Room, Arena
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Terms: Cash, Conventional
Disclosures and Reports
- Documents Avail.: Aerial
- Legal Description: ACRES: 71.5 A0513 MCLENNAN JOHN; HOUSE & BAR
- Property ID: R000022060
Listed by Luxe West Realty, Dylan Davis
We Value Your Privacy
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Listing agent
— 24860 N US Hwy 281 —
Dylan Davis
Luxe West Realty
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 24860 N US Hwy 281
School District:Stephenville Independent School District
| Name | Grades | Distance |
|---|---|---|
Central Elementary School, Stephenville, TX 780 West Washington Street, Stephenville, TX 76401 | PK-K | 8.8 mi |
Hook Elementary School 1067 West Jones Street, Stephenville, TX 76401 | 3-4 | 9.3 mi |
Chamberlin Elementary School 1601 West Frey, Stephenville, TX 76401 | 1-2 | 9.5 mi |
Henderson Junior High School 2798 West Frey, Stephenville, TX 76401 | 7-8 | 9.6 mi |
Stephenville High School 2650 West Overhill Drive, Stephenville, TX 76401 | 9-12 | 9.9 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 24860 N US Hwy 281
Tax History
Tax History for 24860 N US Hwy 281
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,155
30%
$10,550
-4%
2023
$887
—
$11,030
1%
2023
$887
-17%
$10,970
-87%
2022
$1,066
24%
$83,710
-80%
2021
$860
-4%
$417,340
12%
2020
$897
42%
$373,520
15%
2019
$633
5%
$323,820
—
2017
$601
—
$323,820
1%
2017
$601
-2%
$319,300
12%
2016
$615
—
$284,870
—
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 24860 N US Hwy 281
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Want to learn more about 24860 N US Highway 281? Do you have questions about finding other Farm real estate for sale in Stephenville? You can browse all Stephenville real estate or contact a Coldwell Banker agent to request more information.