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$699,900
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Property Description
One-of-a-Kind Property with 3-2 Home and Second Structure with 2nd living quarters and Shop on 2+ Acres in Desirable Neighborhood! Welcome to this beautifully remodeled and spacious 3-bedroom, 2-bath home at 2790 SQF nestled in a peaceful, quiet neighborhood just minutes from town and Stephenville ISD. Situated on over 2 acres with lots of mature trees, this unique property offers privacy, space, and endless possibilities. Step inside to a warm and inviting floor plan featuring a large living area with a beautiful stone fireplace, luxury vinyl plank flooring throughout, and recessed lighting. The spacious kitchen is perfect for entertaining or relaxed family living, offering granite countertops, ample cabinetry, and generous counter space. A separate dining room and an additional flex room-ideal as a media room, 4th bedroom, or office-add to the home's functionality. Outside, enjoy the beautifully landscaped grounds with a drip system, and a partial sprinkler system for easy maintenance. Bonus Feature: A Second Structure! This fully equipped second living space includes a kitchen, 1 bathroom, 1 bedroom, a nice office with built-ins, several versatile rooms, at 1300 SQF, along with shop space for tools and a place to work on projects at 500 SQF. Whether you're looking for mother-in-law quarters, rental income potential, a home business setup, or guest accommodations-this space is ready to meet your needs. Don't miss this rare opportunity to own a truly one-of-a-kind property that blends comfort, style, and flexibility in a prime location!
Full Property Details
Full Property Details for 942 Diana Ln
General
- Price: $699,900
- Taxes: $6,604
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21045080
- Updated: 11/7/2025
- Added to Site: 135 day(s) ago
Interior
- Interior Features: Built-in Features, Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Granite Counters, High Speed Internet, Open Floorplan, Pantry, Cable TV, Vaulted Ceiling(s), Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Raised Hearth, Stone
- Appliances: Dishwasher, Electric Range, Electric Water Heater
- Flooring: Ceramic Tile, Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Washer Hookup, Electric Dryer Hookup, Laundry in Utility Room
Additional Information
- Security/Safety: Smoke Detector(s)
- Equipment: Irrigation Equipment, Satellite Dish
Exterior
- Exterior Features: Private Yard, RV Hookup, Storage
- Porch/Patio/Deck: Rear Porch, Front Porch, Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Additional Parking, Concrete, Door-Multi, Door-Single, Driveway, Garage, Inside Entrance, Kitchen Level, Lighted, Oversized, Garage Faces Side, Boat, RV Access/Parking
Location
- County: Erath
- Subdivision: Peacock Estate
- Driving Directions: Head southwest toward N Wolfe Nursery Rd 0.1 mi, Turn right onto N Wolfe Nursery Rd, 0.6 mi, Continue onto Pecan Hill Dr, 0.7 mi, turn left onto Darren Dr 0.1 mi, Turn right onto Diana Ln, 305 ft, Turn right to stay on Diana Ln, Destination will be on the left
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, Ceiling Fan(s), Electric, Heat Pump
- Heating Type: Central, Electric, Fireplace(s)
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
- Cable Available: Yes
- Utility Description: Electricity Connected, Overhead Utilities, Phone Available, Septic Available, Water Available, Cable Available
Structural Information
- Property Detached: Yes
- Architectural Style: Ranch, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick
- Roof: Composition, Shingle
- Windows: Bay Window(s)
- Stories/Levels: 1
- Living Area: 4,110 Sq. Ft.
- Year Built: 1984
Additional Structures
- Other Structures: Garage(s), Guest House, Other, Second Residence, Residence, RV/Boat Storage, Storage, Workshop
Lot Features
- Lot Size (Acres): 2.129
- Lot Size (Sq. Ft.): 92,739.24
- Lot Size Source: Public Records
- Lot Dimensions: 319 x 321 x 291 x 293
- Lot Features: Acreage, Agricultural, Back Yard, Cleared, Hardwood Trees, Lawn, Landscaped, Level, Many Trees, Sprinkler System
- Trees/Vegetation: Cleared, Grassed, Partially Wooded
- Fencing (Description): Barbed Wire, Back Yard, Chain Link
Green Features
- Energy Efficient: Thermostat, Windows
- Water Conservation: Water-Smart Landscaping
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $6,604
- Terms: Cash, Conventional, FHA, Texas Vet, VA Loan
Disclosures and Reports
- Documents Avail.: Survey
- Legal Description: ACRES: 2.129 S7210 PEACOCK ESTATES I LOT 1 &
- Disclosures/Rstr.: Accessory Dwelling Unit
- Property ID: R000051359
- Lot Number: 1
Listed by Andrews Properties, Brent Andrews
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Schools
Schools serving 942 Diana Ln
School District:Stephenville Independent School District
| Name | Grades | Distance |
|---|---|---|
Gilbert Intermediate School 950 North Dale Avenue, Stephenville, TX 76401 | 5-6 | 1.2 mi |
Chamberlin Elementary School 1601 West Frey, Stephenville, TX 76401 | 1-2 | 1.7 mi |
Hook Elementary School 1067 West Jones Street, Stephenville, TX 76401 | 3-4 | 2.2 mi |
Henderson Junior High School 2798 West Frey, Stephenville, TX 76401 | 7-8 | 1.3 mi |
Stephenville High School 2650 West Overhill Drive, Stephenville, TX 76401 | 9-12 | 1 mi |
Central Elementary School, Stephenville, TX 780 West Washington Street, Stephenville, TX 76401 | PK-K | 2.6 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 942 Diana Ln
Date
Details
Price
Change
Source
11/07/2025
Price Reduced
$699,900
-3.46%
MLS
9/05/2025
Listed
$725,000
—
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 942 Diana Ln
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,137
—
$569,110
1%
2023
$5,137
—
$562,710
6%
2023
$5,137
-12%
$531,090
13%
2022
$5,837
3%
$468,140
28%
2021
$5,680
4%
$365,530
6%
2020
$5,452
1%
$343,760
5%
2019
$5,378
5%
$327,890
3%
2017
$5,118
—
$318,290
1%
2017
$5,118
4%
$316,610
4%
2016
$4,910
—
$304,310
—
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 942 Diana Ln
942 Diana Lane, Stephenville, TX 76401 (MLS# 21045080) is a Single Family property with 4 bedrooms and 3 full bathrooms. 942 Diana Lane is currently listed for $699,900 and was received on September 05, 2025. Want to learn more about 942 Diana Lane? 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.

