Date
Details
Price
Change
Source
12/31/2025
Listed
$640,000
—
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
Welcome to a peaceful 10.55-acre country retreat just 8 minutes from Stephenville, offering a blend of privacy and multi-home living. This 1,700 SF home features 3 bedrooms, 2 bathrooms, 2 living areas, new laminate flooring, new exterior paint, a metal roof, and a 2-car carport. The property is fully fenced, cross-fenced, has large oak trees, good ground, and a mix of coastal and native grasses. A nice 928 SF guest house adds versatility with 2 bedrooms, 1 bathroom, its own washer and dryer, septic, and a private carport - ideal for guests, multi-generational living, or rental income. The spot is equipped with the necessities for horses, goats, or sheep, including a 3-stall barn with electricity and water, a tack room, barn half bathroom, pasture areas, and a seasonal creek running along the edge of the property. To add value and convenience, there's a 30x40 insulated metal workshop on slab with electricity and a roll-up door, a storm shelter, two RV plugs-one with covered parking, one water well, water softener, a small shed with electricity and a window air unit, fiber optic internet, and even a treehouse with a huge deck area for added fun. With an ag exemption already in place, this property offers functionality and flexibility for horses, goats, sheep, or 4-H projects. Homes on small acreage are hard to find in Erath County. Don't miss this country living, close-to-town opportunity!
Full Property Details
Full Property Details for 362 Co Rd 481
General
- Price: $640,000
- Taxes: $6,871
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21080059
- Updated: 12/31/2025
- Added to Site: 18 day(s) ago
Interior
- Interior Features: Eat-in Kitchen, High Speed Internet, Kitchen Island, Pantry
- Appliances: Dishwasher, Gas Range, Refrigerator
- Flooring: Laminate, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Washer Hookup, Electric Dryer Hookup, Laundry in Utility Room
Additional Information
- Security/Safety: Carbon Monoxide Detector(s)
Exterior
- Exterior Features: RV Hookup, Storage
- Porch/Patio/Deck: Rear Porch, Covered, Front Porch
Parking
- Carports: Yes
- Carport Spaces: 2
- Covered Spaces: 3
- Parking Features: Detached Carport, Driveway, Lighted, Open, Oversized, RV Carport, Boat, RV Access/Parking
Location
- County: Erath
- Subdivision: none
- Driving Directions: GPS is accurate.
School Information
- Elem School District: Stephenville ISD
- Midd School District: Stephenville ISD
- High School District: Stephenville ISD
- Elementary School: Central
- High School: Stephenvil
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Propane
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
- Utility Description: Electricity Available, Propane, Overhead Utilities, Septic Available, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Traditional, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick
- Roof: Metal
- Stories/Levels: 1
- Living Area: 1,700 Sq. Ft.
- Year Built: 1980
Additional Structures
- Other Structures: Barn(s), Stable(s)
Lot Features
- Property View: Water
- Lot Size (Acres): 10.55
- Lot Size (Sq. Ft.): 459,558
- Lot Size Source: Assessor
- Lot Features: Acreage, Agricultural, Pasture
- Fencing (Description): Barbed Wire, Cross Fenced, Fenced
Water Features
- Water View: Yes
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $6,871
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Documents Avail.: Aerial
- Legal Description: ACRES: 10.550 A0640 ROBERTS MATTHEW; 2 HOUSES
- Exclusions: Yellow tiny-portable house on CR 481 side to the right of driveway entrance. It has been sold.
- Disclosures/Rstr.: Accessory Dwelling Unit, Deed Restriction
- Property ID: R000024361
- Block: 4
Listed by Melton Real Estate Group Inc, Ronda Melton
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 362 Co Rd 481 —
Ronda Melton
Melton Real Estate Group Inc
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 362 Co Rd 481
School District:Stephenville Independent School District
| Name | Grades | Distance |
|---|---|---|
Central Elementary School, Stephenville, TX 780 West Washington Street, Stephenville, TX 76401 | PK-K | 2.4 mi |
Hook Elementary School 1067 West Jones Street, Stephenville, TX 76401 | 3-4 | 2.9 mi |
Chamberlin Elementary School 1601 West Frey, Stephenville, TX 76401 | 1-2 | 3.4 mi |
Henderson Junior High School 2798 West Frey, Stephenville, TX 76401 | 7-8 | 4.1 mi |
Stephenville High School 2650 West Overhill Drive, Stephenville, TX 76401 | 9-12 | 4 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 362 Co Rd 481
Tax History
Tax History for 362 Co Rd 481
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,207
—
$790
-4%
2023
$5,207
—
$820
11%
2023
$5,207
-12%
$740
-100%
2022
$5,906
11%
$421,810
100%
2021
$5,318
206%
-100%
2020
$1,738
6%
$122,120
8%
2019
$1,638
9%
$112,710
4%
2017
$1,506
—
$108,040
2%
2017
$1,506
4%
$106,020
3%
2016
$1,449
—
$102,620
—
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 362 Co Rd 481
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362 County Road 481, Stephenville, TX 76401 (MLS# 21080059) is a Single Family property with 3 bedrooms and 2 full bathrooms. 362 County Road 481 is currently listed for $640,000 and was received on December 31, 2025. Want to learn more about 362 County Road 481? 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.