Date
Details
Price
Change
Source
9/27/2026
Listed
$1,745,000
—
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
AGENTS WELCOME! Discover the beauty and investment value of Tucker Ranch, a turn-key 85+-acre legacy property in the rolling hills of northern Erath County. Offering a proven track record of strong appreciation-averaging ~$78K per year over 14 years-this property serves as an exceptional investment, full-time residence, or weekend retreat. PREMIUM IMPROVEMENTS & HOMESTEAD: Pass through the main entrance featuring automatic security gates off paved CR 132 to find a chip-sealed driveway winding through manicured pastures. The drive leads to a beautiful 2-bed, 2-bath ranch-style home boasting 18-foot vaulted ceilings, Australian Cypress wood floors, and an expansive attached patio built for entertaining. The property's fencing is in great shape, including striking black vinyl horse fencing and cross-fencing for easy pasture rotation. LAND, HABITAT & TAX EXEMPTION: Enrolled in a strict Wildlife Management Program for 13 years, the ranch doubles as a thriving native sanctuary while securing a low tax exemption (only ~$1,400 last year). The topography features a dramatic 135-ft elevation change, revealing multiple spectacular home sites with panoramic views should you want to build a larger estate and use the current home as a guest house. The land is a balanced mix of 40% improved pasture and 60% thick cover dominated by Live Oaks and Post Oaks, with roughly 200 native pecan trees lining the creek below the lake. RECREATION & AG: Enjoy a large lake stocked with bass, blue catfish, and bluegill, alongside premium hunting for whitetail deer, turkey, duck, and dove. Livestock ready, the ranch offers excellent grazing and an 8-acre Coastal Bermuda field averaging 20 round bales per cutting. LOCATION: Located 2.5 miles west of Morgan Mill on a highly desirable county road. Just 15 minutes north of Stephenville, 30 minutes to Granbury, and under an hour to downtown Fort Worth. Rural serenity with city convenience!
Full Property Details
Full Property Details for 4536 Co Rd 132
General
- Price: $1,745,000
- Taxes: $1,397
- Status: Active
- Type: Farm
- Source: NTREIS
- MLS ID: 21396623
- Updated: 9/27/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Decorative/Designer Lighting Fixtures, Granite Counters, Multiple Master Suites, Vaulted Ceiling(s), Natural Woodwork
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room
- Appliances: Electric Range, Electric Water Heater
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Exterior
- Exterior Features: Dog Run, Private Entrance, Storage
- Porch/Patio/Deck: Covered
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Additional Parking, Garage
Location
- County: Erath
- Subdivision: Cee-Bar Ranch 16
- Driving Directions: Hwy 281 at Morgan Mill, TX turn West on FM1187, turn lft on first county road, CR 132 to property. Sign at gate.
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: Stephenvil
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
- Utility Description: Electricity Available, Septic Available, Water Available
Structural Information
- Architectural Style: Ranch, Farmhouse
- Structure Type: House
- Detached/Attached: Attached
- Construction: Rock, Stone
- Roof: Metal
- Stories/Levels: 1
- Living Area: 1,056 Sq. Ft.
- Current Bldg. Use: Agricultural, Grazing, Horses, Hunting, Pasture, Ranch, Residential, Recreational, Single Family
- Year Built: 2002
Additional Structures
- Other Structures: Barn(s), Stable(s)
Lot Features
- Lot Size (Acres): 85.79
- Lot Size (Sq. Ft.): 3,737,012.4
- Frontage: County Road, All Weather Road, Gravel
- Topography: Hill
- Lot Features: Acreage, Cleared, Pasture, Pond on Lot, Rolling Slope, Wooded
- Potential Use: Agricultural, Cattle, Grazing, Horses, Hunting, Investment, Livestock, Pasture, Ranch, Residential, Recreational
- Trees/Vegetation: Cleared, Grassed, Partially Wooded, Brush
- Fencing (Description): Barbed Wire, Cross Fenced
Horse Property
- Horse Property: Yes
- Horse Facility Desc.: Barn, Stock Pen(s)
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $1,397
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: ACRES: 85.790 S5235 CEE BAR RANCH SUBD TRACT
- Property ID: R000065836
Listed by Ranch Connection LLC, Cynthia Inman
We Value Your Privacy
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Listing agent
— 4536 Co Rd 132 —
Cynthia Inman
Ranch Connection LLC
817-366-3850
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 4536 Co Rd 132
School District:Morgan Mill Independent School District
| Name | Grades | Distance |
|---|---|---|
Morgan Mill Elementary School 295 E Fm 1188, Stephenville, TX 76401 | PK-8 | 3 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 4536 Co Rd 132
Tax History
Tax History for 4536 Co Rd 132
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,347
14%
$7,800
-4%
2023
$1,181
—
$8,140
12%
2023
$1,181
-56%
$7,290
-97%
2022
$2,693
15%
$211,380
100%
2021
$2,336
—
100%
2020
$2,336
12%
100%
2019
$2,078
4%
100%
2017
$2,006
5%
100%
2016
$1,917
—
—
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 4536 Co Rd 132
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Want to learn more about 4536 County Road 132? 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.