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5090 County Road 182, Stephenville, Texas– $11,250,000
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  • $11.3M Price
  • 1150.74 Acres
  • 2019 Year Built
  • Study
  • Game Room
  • Media
  • Pool
  • $11.3M Price
  • 1150.74 Acres
  • 2019 Year Built
  • Study
  • Game Room
  • Media
  • Pool

5090 County Road 182
Stephenville, Texas 76401

County: Erath Na

Located just 7 miles from Stephenville, the Cowboy Capital of Texas, this exceptional 1,150± acre ranch offers a rare combination of productive cattle country, outstanding hunting, abundant water, and future investment potential. Richardson Creek traverses the ranch and has been dammed to create a scenic several-acre lake, providing excellent fishing, waterfowl habitat, and a reliable water source. The ranch features excellent grazing pastures, sandy soils ideal for horses, massive hardwood bottoms, live oak motts, cedar breaks, and rolling topography with impressive views throughout. Improvements include two sets of cattle working pens, two water wells, a 40x25 shop, and an extensive network of ranch roads and trails providing access across the property. Wildlife is abundant with exceptional populations of whitetail deer, hogs, waterfowl, and other native game species. The diverse habitat, combined with Richardson Creek, the lake, hardwood bottoms, and thick cover, creates outstanding recreational and hunting opportunities. Rich in history, the ranch includes the former Tarleton State University research ranch and observatory, adding a unique legacy component rarely found in today’s market. With limited structural improvements, the property presents endless opportunities to develop a premier recreational ranch, cattle operation, equestrian property, or legacy family retreat. Numerous locations offer ideal homesites, and the terrain provides excellent potential for additional lakes and ponds. The main ranch entrance is located on County Road 182, with the added benefit of a granted and deeded 70-foot-wide easement from Highway 67 near the Stephenville Rodeo Grounds, providing exceptional accessibility and long-term value. An incredibly diverse ranch offering productivity, recreation, history, and investment potential in one of North Texas’ most sought-after ranching regions.

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Essential Information

  • Price$11,250,000
  • Reduced By$1,725,000
  • Cumulative Days on MarketUnlock
  • MLS® #21299476
  • Acres1,150.74
  • Year Built2019
  • TypeLand
  • Sub-TypeRanch
  • StatusActive
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Quick Valuation Analysis from 17 Active and 9 Sold Listings

Pricing Trends from 17 Active Listings in Na

This Home's Price $11,250,000 This Home's Price Per SqFt $
Average Price $1,033,296 Average Price Per SqFt $
Highest Price $11,250,000 Highest Price Per SqFt $
Lowest Price $104,825 Lowest Price Per SqFt $

Pricing Trends from 9 Sold Listings in Na

This Home's Price $11,250,000 This Home's Price Per SqFt $
Average Price $1,398,636 Average Price Per SqFt $
Highest Price $3,450,000 Highest Price Per SqFt $
Lowest Price $249,900 Lowest Price Per SqFt $

Property Details

School Information

Community

  • Address5090 County Road 182
  • SubdivisionNa
  • CityStephenville
  • CountyErath
  • StateTexas
  • Zip Code76401
  • HOANone
  • UtilitiesCo-op Electric
  • Taxes1937

Exterior

  • FenceBarbed Wire, Gate, Perimeter
  • Lot DescriptionAcreage, Agricultural, Bottom, Brush, Hilly, Cedar, Mesquite, Oak, Pasture, Tank/ Pond

Additional Information

  • ZoningAgriculture

Private Listing Information (Registration Required)

Listing Details

  • AgentTully Janszen
  • OfficeTexas Ranch Kings Realty

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Listing information last updated on November 10th, 2026 at 1:15am CST.