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$1,435,000 -$100,000 (-6.51%) Price Reduced
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Property Description
This beautiful 4-bedroom, 3.5-bath home is situated on 16.04 acres along N Hwy 281, just minutes from Stephenville. The impressive rock home features the master suite on the main floor, while three additional bedrooms and two baths are located upstairs. The open-concept lower level boasts a striking gas fireplace that can also be used as wood-burning. The kitchen is equipped with commercial-grade stainless steel Viking appliances, granite countertops, and custom cabinetry. Heated pool with hot tub and Aqualink system. Roping arena, cabin, a 4-stall barn with heated water, a tack room, and a feed room. There's also a second barn with two stalls and a feed-tack combo room, irrigated greenhouse and garden area, chicken coop, 3 RV hookups, and a spacious 40x60 workshop with an apartment and provides a separate entrance, ideal for your business needs. New well pump 2024. The property has coastal and has produced over 40 round bales this year.
Full Property Details
Full Property Details for 6940 N US Hwy 281
General
- Price: $1,435,000
- Taxes: $12,160
- Status: Active
- Type: Farm
- Source: NTREIS
- MLS ID: 21101779
- Updated: 1/28/2026
- Added to Site: 90 day(s) ago
Interior
- Interior Features: Double Vanity, Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Sound
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Family Room, Gas, Stone, Wood Burning
- Appliances: Built-In Gas Range, Built-In Refrigerator, Double Oven, Dishwasher, Disposal, Microwave, Range, Refrigerator, Some Commercial Grade, Water Softener, Vented Exhaust Fan
- Flooring: Carpet, Ceramic Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Additional Information
- Pool: Yes
- Pool Description: In Ground, Pool, Pool/Spa Combo
- Equipment: Livestock Equipment
Parking
- Parking Features: Additional Parking, Driveway, Electric Gate, Paved, RV Carport, RV Access/Parking
Location
- County: Erath
- Subdivision: Colton William
- Driving Directions: GPS Friendly. Out of Stephenville on N HWY 281 from Tractor Supply 2.9 miles on the right. 6940 N US HWY 281, Stephenville
School Information
- Elem School District: Stephenville ISD
- Midd School District: Stephenville ISD
- High School District: Stephenville ISD
- Elementary School: Chamberlai
- High School: Stephenvil
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: Propane, Septic Available, Water Available
Structural Information
- Architectural Style: Contemporary/Modern, Detached
- Structure Type: House
- Detached/Attached: Attached
- Construction: Rock, Stone
- Roof: Composition
- Stories/Levels: 2
- Living Area: 3,136 Sq. Ft.
- Current Bldg. Use: Agricultural, Cattle, Horses, Livestock
- Year Built: 2001
Additional Structures
- Other Structures: Arena, Barn(s), Bunkhouse, RV/Boat Storage, Stable(s), Workshop
Lot Features
- Lot Size (Acres): 15.45
- Lot Size (Sq. Ft.): 673,002
- Lot Size Source: Appraiser
- Lot Features: Acreage, Agricultural
- Trees/Vegetation: Grassed
- Fencing (Description): Cross Fenced, Full, Pipe, Wire
Horse Property
- Horse Property: Yes
- Horse Facility Desc.: Arena
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $12,160
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: ACRES: 15.450 A0165 COLTON WILLIAM; HOUSE SHO
- Property ID: R000066354
Listed by Marandy Dove Realty, Marandy Dove
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Schools
Schools serving 6940 N US Hwy 281
School District:Stephenville Independent School District
| Name | Grades | Distance |
|---|---|---|
Hook Elementary School 1067 West Jones Street, Stephenville, TX 76401 | 3-4 | 4.6 mi |
Central Elementary School, Stephenville, TX 780 West Washington Street, Stephenville, TX 76401 | PK-K | 4.8 mi |
Chamberlin Elementary School 1601 West Frey, Stephenville, TX 76401 | 1-2 | 4.9 mi |
Henderson Junior High School 2798 West Frey, Stephenville, TX 76401 | 7-8 | 6 mi |
Stephenville High School 2650 West Overhill Drive, Stephenville, TX 76401 | 9-12 | 5.4 mi |
Gilbert Intermediate School 950 North Dale Avenue, Stephenville, TX 76401 | 5-6 | 5.5 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 6940 N US Hwy 281
Date
Details
Price
Change
Source
1/28/2026
Price Reduced
$1,435,000
-6.51%
MLS
11/01/2025
Listed
$1,535,000
—
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 6940 N US Hwy 281
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,835
—
$2,340
4%
2023
$5,835
-4%
$2,250
-100%
2022
$6,063
7%
$458,210
100%
2021
$5,654
5%
100%
2020
$5,364
9%
100%
2019
$4,909
20%
100%
2017
$4,091
—
100%
2016
$4,075
—
—
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 6940 N US Hwy 281
Want to learn more about 6940 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.

