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$4,500,000 Just Listed
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Property Description
Lightning Bar Ranch - Premier Equestrian Facility Minutes from Downtown Stephenville Welcome to Lightning Bar Ranch, a premier turn-key horse property nestled just minutes from the heart of Stephenville, TX - the Cowboy Capital of the World. Designed with the serious competitor in mind, this exceptional ranch offers world-class training amenities alongside ranch-style comfort and convenience. At the heart of the property is a 175' x 250' covered arena, ideal for barrel racing, team roping, calf roping, and more - fully equipped with a calf lane, catch pen, and chute for smooth practice or events. A 20-stall barn anchors the horse facilities, featuring two tack and feed rooms - one complete with a rotating saddle wall, the other plumbed and ready to convert into a cozy apartment. There's even room to expand with additional stalls or add turnouts. The ranch also includes: "¢ (2) tanks providing water and serene views "¢ Numerous turnout pens for flexibility and horse management "¢ A massive 8,800 sq ft building featuring: "¢ 110 ft swim lane for conditioning "¢ 10 custom stalls "¢ Office, laundry, and full bathroom "¢ Covered custom Wildfire Walker for high-level training Supporting operations is a 40' x 80' machine shed for equipment, feed, and storage, plus a charming one-bedroom cottage - perfect for guests, staff, or rental income. Whether you're training champions or simply looking for a private horse haven, Lightning Bar Ranch delivers elite infrastructure in a prime location with no compromises. Pro forma revenue available upon request.
Full Property Details
Full Property Details for 6670 Fm 2303
General
- Price: $4,500,000
- Taxes: $15,911
- Status: Active
- Type: Farm
- Source: NTREIS
- MLS ID: 21125747
- Updated: 2/25/2026
- Added to Site: Today
Interior
- Interior Features: Open Floorplan
- Appliances: Electric Oven
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Parking
- Carports: Yes
- Carport Spaces: 4
- Covered Spaces: 4
- Parking Features: Additional Parking, Gravel
Location
- County: Erath
- Subdivision: None
- Driving Directions: From the downtown Stephenville area: Head north from downtown on Graham St. Turn onto?FM?2303 and drive until you reach address 6670?FM?2303.
School Information
- Elem School District: Stephenville ISD
- Midd School District: Stephenville ISD
- High School District: Stephenville ISD
- Elementary School: Central
- High School: Stephenvil
Utilities
- Sewer: Aerobic Septic
- Water: Well
- Well: Yes
- Utility Description: Electricity Connected, Septic Available, Water Available
Structural Information
- Architectural Style: Farmhouse
- Structure Type: House
- Detached/Attached: Attached
- Stories/Levels: 1
- Living Area: 800 Sq. Ft.
- Current Bldg. Use: Agricultural, Cattle, Horses, Pasture, Ranch, Recreational
- Year Built: 2010
Additional Structures
- Other Structures: Barn(s)
Lot Features
- Lot Size (Acres): 80.01
- Lot Size (Sq. Ft.): 3,485,235.6
- Lot Size Source: Public Records
- Frontage: Farm to Market Road, Asphalt
- Lot Features: Acreage, Agricultural, Pasture, Pond on Lot, Few Trees
- Potential Use: Agricultural, Cattle, Development, Grazing, Horses, Livestock, Pasture, Ranch, Residential, Recreational
- Fencing (Description): Fenced, Gate
Horse Property
- Horse Property: Yes
- Horse Facility Desc.: Arena, Barn, Other, Stock Pen(s), Tack Room, Wash Rack
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $15,911
- Terms: Cash, Conventional, 1031 Exchange
Disclosures and Reports
- Legal Description: ACRES: 80.792 A0435 JAIME MARIA JOSEFA; & ARE
- Property ID: R000021076
Listed by Keller Williams Brazos West, John Boyett and Keller Williams Brazos West, Jacqueline Hughes Dunn
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Price & Sales History for 6670 Fm 2303
Date
Details
Price
Change
Source
2/25/2026
Listed
$4,500,000
—
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 6670 Fm 2303
Year
Property Taxes
Change
Tax Assessment
Change
2023
$9,145
—
$12,930
4%
2023
$9,145
—
$12,450
-1%
2023
$9,145
15%
$12,600
-98%
2022
$7,952
33%
$507,570
100%
2021
$5,959
-2%
100%
2020
$6,088
11%
100%
2019
$5,467
5%
100%
2017
$5,185
—
100%
2016
$5,172
—
—
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 6670 Fm 2303
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