About this home

This exceptional equestrian property offers everything you need for serious roping and horse care, with a focus on functionality, comfort, and convenience. Located just minutes from I-20 and only 20 minutes from the Cowboy Capital of the World, Stephenville, TX, this property combines the best of country living with easy access to local amenities. The covered calf alley is perfect for roping and livestock management, providing shelter from the elements to allow for year-round practice and handling, no matter the weather. Adjacent to the alley, the fully-equipped outdoor arena offers ample space for roping, training, and competition, making it ideal for anyone serious about their equestrian pursuits. With two water tanks strategically placed around the property, you'll have a reliable water source for your livestock even in dry conditions. The great sandy soil on the property promotes healthy grazing, making it ideal for horses and other animals. For your horses, there are eight covered stalls that provide shelter from the elements, along with a spacious tack room to store saddles, bridles, and all necessary gear. The property is also fenced and cross-fenced with multiple pastures, giving you the ability to safely manage your livestock and rotate them between different areas. For living accommodations, the property includes a charming one-bedroom apartment, perfect for a caretaker or as a secondary living space. In addition, there's a tiny home that can be used for guests, staff, or even as a rental property. All of this is conveniently located just minutes from I-20 and a short 20-minute drive from Stephenville, TX, offering the perfect blend of rural tranquility and proximity to the amenities and attractions of the Cowboy Capital. Whether you're a professional roper or simply looking for an ideal property for your horses, this ranch offers the space, facilities, and peaceful surroundings to thrive.

Facts and features

Schools

• Lipan Elementary School

  elementary · K-5 · 3.3 mi

  6

• Lipan High School

  middle · 6-12 · 3.3 mi

  7

Price history

• Oct 26, 2026 · Listed$1,249,000
• Aug 2, 2026 · Listing Removed—
• Mar 30, 2026 · Price Changed$1,249,000
• Jan 13, 2026 · Price Changed$1,349,000
• Oct 10, 2025 · Price Changed$1,399,000
• Aug 23, 2025 · Listed$1,499,000
• Apr 9, 2012 · Sold—
• Dec 18, 2010 · Listing Removed$650,000

Tax history

• 2026$6,655 tax · $396,600 assessed
• 2025$7,046 tax · $396,600 assessed
• 2023$4,938 tax · $287,670 assessed
• 2022$5,399 tax · $282,390 assessed
• 2021$5,748 tax · $277,580 assessed
• 2020$5,704 tax · $273,210 assessed
• 2019$5,966 tax · $272,030 assessed
• 2018$6,066 tax · $268,420 assessed

Home value

$1,213,325

• Quantarium$1,213,325
• Collateral Analytics$807,000

Where it is