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$525,000
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Property Description
Set in the heart of the Cowboy Capital of the World, this 16.064-acre property offers a rare opportunity to create your dream ranch while enjoying a fully functional equestrian setup already in place. The home, offering approximately 1,959 square feet, features 3 bedrooms, 2 bathrooms, and two spacious living areas, providing a flexible layout ready for your personal touch. While the residence is in need of renovations, it presents the perfect canvas to restore, redesign, or reimagine into a charming country retreat tailored to your vision. Outside is where this property truly shines. Designed with horse enthusiasts in mind, you'll find a well-equipped setup that includes two barns-one with 5 stalls and a tack room, and a second barn featuring 6 stalls with runs. Both barns are equipped with water and electricity, making daily operations convenient and efficient. An equipment shed provides additional storage for tools, trailers, or machinery. The lighted arena with a return alley is ideal for training, riding, or hosting events, allowing for extended use into the evening hours. Pipe fencing surrounds the property, with cross-fenced pastures that offer excellent rotation options, along with loafing sheds for livestock. Toward the rear of the property, a tank provides a natural water source and adds to the ranch's functionality and scenic appeal. With wide-open space, established structures, and endless potential, this property is perfect for those looking to invest in a working horse facility or create a one-of-a-kind rural homestead. Bring your vision and make this property your own slice of Texas countryside.
Full Property Details
Full Property Details for 305 Co Rd 483
General
- Price: $525,000
- Taxes: $4,573
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21240247
- Updated: 5/28/2026
- Added to Site: 56 day(s) ago
Interior
- Interior Features: Decorative/Designer Lighting Fixtures, High Speed Internet, Open Floorplan, Cable TV, Walk-In Closet(s)
- Appliances: Dishwasher, Electric Range, Disposal
- Flooring: Carpet, Linoleum
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup, Laundry in Utility Room
Exterior
- Exterior Features: Other
- Porch/Patio/Deck: Rear Porch, Front Porch, Patio, Covered
Parking
- Parking Features: Circular Driveway
Location
- County: Erath
- Subdivision: ROBERTS MATTHEW
- Driving Directions: GPS Friendly: 305 CR 483 Stephenville, TX 76401
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
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
- Cable Available: Yes
- Utility Description: Electricity Available, None, Septic Available, Water Available, Cable Available
Structural Information
- Property Detached: Yes
- Architectural Style: Ranch, Traditional, Detached, Farmhouse
- Structure Type: House
- Detached/Attached: Detached
- Construction: Wood Siding
- Roof: Metal
- Windows: Window Coverings
- Stories/Levels: 1
- Living Area: 1,959 Sq. Ft.
- Current Bldg. Use: Agricultural, Grazing, Horses, Pasture, Residential, Single Family
- Year Built: 1930
Additional Structures
- Other Structures: Arena, Other, Shed(s), Storage, Barn(s), Stable(s)
Lot Features
- Lot Size (Acres): 16.064
- Lot Size (Sq. Ft.): 699,747.84
- Frontage: All Weather Road
- Lot Features: Acreage, Agricultural, Back Yard, Cleared, Interior Lot, Lawn, Landscaped, Level, Pasture, Pond on Lot, Few Trees
- Potential Use: Agricultural, Cattle, Grazing, Horses, Hunting, Livestock, Pasture, Ranch, Residential, Recreational, Single Family
- Fencing (Description): Back Yard, Cross Fenced, Pipe
Horse Property
- Horse Property: Yes
- Horse Facility Desc.: Barn, Loafing Shed, Round Pen, Stock Pen(s), Tack Room, Arena
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $4,573
- Terms: Cash, Conventional, Other
Disclosures and Reports
- Documents Avail.: Aerial
- Legal Description: ACRES: 16.064 A0640 ROBERTS MATTHEW; HOUSE &
- Property ID: R000024333
Listed by J.J. Hampton Realty, J J HAMPTON
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Schools
Schools serving 305 Co Rd 483
School District:Stephenville Independent School District
| Name | Grades | Distance |
|---|---|---|
Central Elementary School, Stephenville, TX 780 West Washington Street, Stephenville, TX 76401 | PK-K | 2.7 mi |
Hook Elementary School 1067 West Jones Street, Stephenville, TX 76401 | 3-4 | 3.2 mi |
Chamberlin Elementary School 1601 West Frey, Stephenville, TX 76401 | 1-2 | 3.7 mi |
Henderson Junior High School 2798 West Frey, Stephenville, TX 76401 | 7-8 | 4.5 mi |
Stephenville High School 2650 West Overhill Drive, Stephenville, TX 76401 | 9-12 | 4.4 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 305 Co Rd 483
Date
Details
Price
Change
Source
4/16/2026
Listed
$525,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 305 Co Rd 483
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,869
14%
$1,390
-4%
2023
$4,259
—
$1,450
12%
2023
$4,259
-5%
$1,300
-100%
2022
$4,466
31%
$285,100
100%
2021
$3,414
-2%
100%
2020
$3,494
21%
100%
2019
$2,895
7%
100%
2017
$2,710
1%
100%
2016
$2,694
—
—
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 305 Co Rd 483
305 County Road 483, Stephenville, TX 76401 (MLS# 21240247) is a Single Family property with 3 bedrooms and 2 full bathrooms. 305 County Road 483 is currently listed for $525,000 and was received on April 16, 2026. Want to learn more about 305 County Road 483? 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.

