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$12,975,000
New Listing

5090 County Road 182
Stephenville, TX 76401

For Sale|Ranch|Active
0
Beds
0
Total Baths
2019
Built
Subdivision:
Na
County:
Erath

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5090 County Road 1825090 County Road 1825090 County Road 1825090 County Road 182
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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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Listing Snapshot
Price 
$12,975,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1,150.74 Acres
Year Built 
2019
MLS® Number 
21299476
Status 
Active
Property Tax 
$1,937
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 hours agoListing updated with changes from the MLS®
6 hours agoListing first seen on site
General Features
Acres 
1150.74
Additional Property Use 
AgriculturalHunting
Land Lease 
No
Property Sub Type 
Ranch
Special Circumstances 
Standard
Utilities 
Electricity Available
Zoning 
Agriculture
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Exterior Features
Fencing 
Barbed WireGatePerimeter
Lot Features 
WoodedAgriculturalPasture
Other Structures 
Corral(s)
Road Frontage 
County Road
Community Features
Financing Terms Available 
1031 ExchangeCashConventional
Horse Allowed 
Yes
Horse Property 
Barn
School District 
Stephenville ISD
Schools
School District
Stephenville ISD
Elementary School
Chamberlai
Middle School
Stephenvil
High School
Stephenvil
Listing courtesy of Tully Janszen of Texas Ranch Kings Realty tully@texasranchkings.com



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2026-06-16 12:09 AM CDT

Neighborhood & Commute
Source: Walkscore
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