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$1,246,875 Just Listed
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Property Description
Prime 125-Acre Ag-Exempt Ranch with 5 Ponds and Two Creeks! Held in the same family since 1895, this exceptional 125-acre ranch offers a rare blend of rich heritage, agricultural production, and scenic beauty. 1,895 feet of road frontage on both sides of CR 136. Ag-Exempt property fully enclosed by 6-wire barbed fencing! Highly versatile acres featuring 5 ponds and 2 creeks in Erath County. Offers deep, fertile soil, mature pecans, oaks, elms, mesquites, and native grasses capable of running cattle, along with a 15-acre field would be excellent if renovated hay production. The west side features elevated, gently rolling hills with scenic views ideal for building your dream home. Property is brimming with wildlife-deer, turkey, dove, and more. The current cattle & deer leases offer immediate flexibility (can terminate at sale-Jan 2027 or extend). Low taxes ($164.77 in 2025). Conveniently located off CR 136, 14 miles south of I-20, 21 miles north of Stephenville, and 38 miles west of Weatherford.
Full Property Details
Full Property Details for Tbd County Road 136
General
- Price: $1,246,875
- Taxes: $121
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21410306
- Updated: 10/14/2026
- Added to Site: 4 day(s) ago
Location
- County: Erath
- Subdivision: NA
- Driving Directions: From any location go to US HWY 281 and follow it to Morgan Mill. Turn onto FM 1188 West, 7.3 miles to CR 135. Turn right on CR 135 and continue for 1 mile. Turn right on CR 139 and go 0.7 miles and turn left on CR 136, 1 mile and the property will be on both sides of the road. Sign on property.
School Information
- Elem School District: Morgan Mill ISD
- Midd School District: Morgan Mill ISD
- High School District: Morgan Mill ISD
- Elementary School: Central
- Middle School: Stephenvil
- High School: Stephenvil
Utilities
- Water: Community/Coop
- Utility Description: Electricity Available, Overhead Utilities, Water Available
Structural Information
- Architectural Style: Barndominium
- Detached/Attached: Detached
- Current Bldg. Use: Cattle, Grazing, Hunting, Livestock, Recreational, Unimproved, Vacant
Lot Features
- Lot Size (Acres): 125
- Lot Size (Sq. Ft.): 5,445,000
- Frontage: County Road, Gravel
- Lot Features: Acreage, Agricultural, Hardwood Trees, Pond on Lot, Many Trees, Wooded
- Potential Use: Agricultural, Cattle, Dairy, Development, Horses
- Trees/Vegetation: Grassed, Wooded
- Land Lease Avail: Yes
- Zoning: None
- Fencing (Description): Barbed Wire, Fenced, Wire
Horse Property
- Horse Property: Yes
Water Features
- Water Front Desc.: Creek
Financial Considerations
- Tax Amount: $121
- Terms: Cash, Conventional, Federal Land Bank, Texas Vet
Disclosures and Reports
- Documents Avail.: Aerial
- Legal Description: 80.000 A0216 DAVIS JOHN; 45.000, A0562 MCCOY JAMES
- Property ID: R000018014
Listed by Regal, REALTORS, Tim Bankston
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Price & Sales History for Tbd County Road 136
Date
Details
Price
Change
Source
10/13/2026
Listed
$1,246,875
—
MLS
Disclaimer: Historical sales 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 Tbd County Road 136
Tbd County Road 136, Stephenville, TX 76401 (MLS# 21410306) is a Lots/Land property with a lot size of 125 acres. Tbd County Road 136 is currently listed for $1,246,875 and was received on October 13, 2026. Want to learn more about Tbd County Road 136? Do you have questions about finding other Lots/Land real estate for sale in Stephenville? You can browse all Stephenville real estate or contact a Coldwell Banker agent to request more information.

