Courtesy: Marandy Dove Realty
Prime 1.09-acre commercial tract located in the heart of Stephenville. This property offers excellent visibility and convenient access with close proximity to Tarleton State University. The size and location provide flexibility for a variety of commercial or development uses. Bring your plans and vision to this spacious and well-positioned property. Tear down and build your money maker in the heart of Stephenville.
Courtesy: J.J. HAMPTON REALTY
254-965-4717
Discover an exceptional investment opportunity with Star Lite Mobile Home Park, located on the outskirts of Stephenville, Texas. This established park sits on 4.2+ acres within city limits and features 23 mobile homes, along with a brick home. There are currently 12 occupied units. This provides a solid income base and room for revenue growth. The property also includes six vacant lots, presenting a unique opportunity to expand the park and increase occupancy. Zoned for retail and commercial business, the park offers flexibility for future development. City water and sewer services are in place, ensuring efficient operations. Star Lite's strategic location provides convenient access to Stephenville's amenities while offering a quieter, community-oriented environment. This mobile home park is an ideal investment for those seeking a stable income property with significant potential for expansion, renovations and value appreciation in a growing Texas market.
Courtesy: MOORE HOME AND RANCH, LLC
254-459-0889
Zoned B-2 with existing residential use (currently grandfathered). This charming 2-bedroom, 1-bath home offers flexibility and opportunity. Ideal for first-time buyers, investors, or those seeking a property with potential commercial use along one of Stephenville’s busiest corridors. High-visibility location with convenient access to local amenities, shopping, and dining.
Courtesy: Hometown REALTORS
817-579-7007
Excellent development opportunity! 20 Acres on Hwy 377 Outstanding visibility, great access from Washington and Cr 351, Strong traffic patterns make it perfect for a retail or commercial development. Zoning B2
Courtesy: Ebby Halliday Realtors
This 3-bedroom, 1-bath property is zoned B-2 commercial, making it a great opportunity for professional office use or investment property. The property offers the flexibility to serve a variety of business needs while still maintaining the comfort and character of a home. Inside, you'll find several updates, including fresh interior paint, granite countertops, stainless steel appliances, and refinished hardwood flooring. The home also features new luxury vinyl plank flooring, adding warmth and character throughout. The fully fenced backyard provides additional privacy, and you'll also appreciate the added security of a storm cellar on the property. With its commercial zoning, modern updates, and versatile potential, this property is well-suited for an office location, long-term rental investment, or a combination of both.
Courtesy: LA JOYA REALTY
254-592-7161
Located on one of the most traveled streets in Stephenville, this location offers extremely high visibility, high traffic count and is close to the downtown square. Downtown Stephenville is revitalized with new projects and businesses that are fueled by the entrepreneurial spirit that is thriving here. This is an opportunity to have your brand exposed here at the Cowboy Capital of the World. Additional land can can be purchased to the north (see photon highlighted in blue)
Courtesy: Keller Williams Brazos West
817-279-6996
Prime Commercial Lot in a High-Traffic Location This exceptional property is situated on the highly sought-after Senator Robert J. Glasgow Loop (formerly NW Loop) in Stephenville, offering unparalleled visibility and accessibility. Boasting approximately 285 feet of road frontage with city utilities conveniently available at the curb, this site is perfectly positioned for business success. Comprising two full lots and a partial third lot, the property spans approximately 3.76 acres. According to State of Texas traffic data, an impressive 9,494 vehicles pass by daily, ensuring maximum exposure for your enterprise. Opportunities like this are rare—this is undoubtedly one of the most desirable commercial lots available in Stephenville. Secure this prime location for your business today!
Courtesy: Keller Williams Brazos West
817-279-6996
If you're looking for office or retail space in Stephenville, TX, look no further! This versatile commercial property is located just one block from the historic square, at the corner of Belknap and Green St. The building has 2,600sqft of space, 9 separate large office spaces, 2 bathrooms, and a kitchen! Plenty of parking is available in the adjacent lot, with additional on-street options for easy accessibility. The possibilities for this space is unlimited! Whether you're thinking office space, boutique retail shop, or business workspace, the possibilities are truly endless in this prime Texas location. Bring your business presence in a community known for its western appeal, growth, and Tarleton State University-driven energy. Business space doesn't come on the market here very often so take advantage of the opportunity while you can!
Courtesy: Majestic Realty Group
Exceptional 1 acre commercial tract located in a high visibility corridor in Stephenville, just minutes from the high school, established businesses, and major traffic generators. This property offers outstanding exposure along a busy roadway, making it an ideal location for a wide range of commercial uses. Zoned B1, the tract is well suited for professional offices, retail, medical, service businesses, and other neighborhood oriented commercial developments. The flat, usable acreage provides flexibility for building layout, parking, and signage, while the strong traffic count enhances long term value and visibility. BUILINDG IN PICTURE WAS CREATED BY AI TO GIVE AN EXAMPLE With continued growth in Stephenville and limited commercial land available in this area, this property presents a rare opportunity to secure a strategic location for your business or investment portfolio.
Courtesy: Keller Williams Brazos West
817-279-6996
Cedar Park Cabins – Income-Producing Country Retreat Near Stephenville Welcome to Cedar Park Cabins, a unique opportunity featuring five fully renovated cabins situated on a peaceful 6.5 acre property just outside Stephenville, Texas. This turnkey property offers a beautiful country setting while remaining conveniently close to town, making it ideal for short-term rentals, extended stays, or a private retreat. The cabins are located in Bluff Dale and attract business from Stephenville, Granbury, Glen Rose, and other locations. Each cabin has been thoughtfully updated and includes a full kitchen with essential appliances, comfortable living space, and modern finishes throughout. Guests and owners alike can enjoy shared outdoor amenities including a swimming pool and fire pit, perfect for relaxation and entertaining while surrounded by nature. The property provides a quiet, private atmosphere with ample space to unwind, while still offering easy access to nearby attractions. Location Highlights: Approximately 15 minutes to Tarleton State University and Stephenville Approximately 18 minutes to Dinosaur Valley State Park This property presents a rare blend of tranquility, functionality, and proximity to key destinations, offering strong potential for income and personal enjoyment. If interested in additional acreage, 98.12 acres for sale beside this listing. Please contact agent for more information.
Courtesy: Light Realty
THE WHOLE LONE STAR ARENA PACKAGE! 146.43 ACRES OF PRIME COMMERCIAL PROPERTY FOR SALE!!! This property comes with 146.43 acres and TWO houses! A Brick home, and apartment with an additional horse barn! The main living quarters is 2,540 sqft 3bd 2ba with 2 living areas. Other house is 1bd 1ba. You could live in the main house and rent the other one or use them both as an Airbnb! The possibilities are endless! Lone Star Arena, this commercial property is located in Stephenville, TX. Known for a City of Champions, Tarleton State University and is the home to many professional Cowboys and Cowgirls. The exceptional visibility from HWY 377 has allowed this commercial real estate to become a highly sought out event center (big & small) from all over the world! Seats close to 3,000 spectators. Some features include: 2 separate indoor arenas (under 1 roof), 7 renovated skyboxes, 110 RV hookups, 344 stalls, 8 big ass fans, plenty of parking, a Private Club and so much more! Income producing opportunity: Residential property currently has a lease until June 30, 2027
Courtesy: Light Realty
Welcome to the Cowboy Capital of the World! This PRIME COMMERCIAL PROPERTY FOR SALE IN ERATH COUNTY!!! With this multi-purpose arena & event center, that offers roughly 150,000 sq ft under roof, and another 57,000 +- sq ft covered area, and 2 entrances, the POSSIBILITIES ARE ENDLESS! Also known as Lone Star Arena, this commercial property is located in Stephenville, TX. Known for a City of Champions, Tarleton State University and is the home to many professional Cowboys and Cowgirls. A prime, convenient business location with highway frontage and traffic in a fast-growing community. The exceptional visibility from HWY 377 has allowed this commercial real estate to become a highly sought out event center (big & small) from all over the world! Seats close to 3,000 spectators. Some features include: 2 separate indoor arenas (under 1 roof), 7 renovated skyboxes, 110 RV hookups, 344 stalls, 8 big ass fans, plenty of parking, a Private Club and so much more! **MORE ACREAGE AVAILABLE **
Courtesy: Light Realty
LONE STAR ARENA IN STEPHENVILLE, TX WITH 135.43 ACRES OF PRIME COMMERCIAL PROPERTY FOR SALE!! With this multi-purpose arena & event center, that offers roughly 150,000 sq ft under roof, and another 57,000 +- sq ft covered area, and 2 entrances, the POSSIBILITIES ARE ENDLESS! Also known as Lone Star Arena, this commercial property is located in Stephenville, TX. Known for a City of Champions, Tarleton State University and is the home to many professional Cowboys and Cowgirls. A prime, convenient business location with highway frontage and traffic in a fast-growing community. The exceptional visibility from HWY 377 has allowed this commercial real estate to become a highly sought out event center (big & small) from all over the world! Seats close to 3,000 spectators. Some features include: 2 separate indoor arenas (under 1 roof), 7 renovated skyboxes, 110 RV hookups, 344 stalls, 8 big ass fans, plenty of parking, a Private Club and so much more! **ADDITIONAL OPTIONS TO PURCHASE - SEE LISTING AGENT
Courtesy: Keller Williams Brazos West
817-279-6996
High Visibility!!! Check this one out! Located in Morgan Mill Tx on Us Hwy 281! This building has literally been so many things, from a mechanic shop, post office, fed ex store, and beauty shop to name a few! This one has about as good a road frontage and visibility as you could hope for! This property has so many possibilities! If you are looking for a place to open a business, or improve the exposure for your current business, this is the one! Highway 281 has more traffic daily than any road in our area! The building features 2400 sq feet of space, has multiple offices, and a shop in the back with an in ground automotive lift! This one is a great opportunity, so come take a look quickly or it will be gone!!
Courtesy: Keller Williams Brazos West
817-279-6996
Come take a look at this multi use property right at the edge of Stephenville!!! 2.537ac with road frontage on Hwy 377 & CR351, 2 metal buildings that add up to 3,600sqft, a big open lot on the back, and plenty of parking. It also comes with its own well and septic. This is currently being used for a few different purposes as storage, a fireworks stand, and a tow yard. Commercial opportunities like this don't come along very often! The city limits literally comes to the edge of the property! If visibility is what you're lookin for, stop looking because you found what you've been looking for!
Courtesy: Marandy Dove Realty
Exceptional Multifamily Development Opportunity – .439 Acre in Prime Stephenville Location Discover an investment-ready project offering 3 duplexes (6 total units, 18 bedrooms) positioned in one of Stephenville’s most sought-after rental corridors. This .439-acre property comes fully prepared for development with architectural plans, civil plans, an approved replat, and a builder’s construction estimate included—making this an ideal turnkey opportunity for investors looking to capture the strong demand around Tarleton State University. City water and sewer are already on site, streamlining permitting and speeding up your construction timeline. Once building permits are issued by the City, the builder estimates a 4–6 month construction window, placing completion perfectly to deliver move-in ready units for summer 2026—ideal timing for Tarleton student leasing for the 2026–2027 academic year. Whether you’re expanding your portfolio or entering the highly competitive Stephenville rental market, this property offers a unique mix of readiness, location, and income potential.
Courtesy: Keller Williams Brazos West
817-279-6996
Prime commercial property with high visibility and access along US Hwy 377 just south of Stephenville toward Dublin, situated on 3.582 acres at a hard corner at US Hwy 377 and County Road 378 with approximately 600 feet of frontage on Hwy 377 and 313 feet on CR 378. The property includes a 6,168 SF commercial building with a functional layout suitable for retail, office, or service-based use, along with paved parking and convenient customer and delivery access. Located in Stephenville’s fast-growing Hwy 377 corridor, the property offers strong traffic counts and long-term owner-user or investment potential. REAL ESTATE ONLY; business, name, and inventory excluded. Buyer to verify all measurements, zoning, access, and permitted uses.
Courtesy: RITA FREELS REALTY
Location!! Investors don't miss out on one of the few large lots left in good a locations inside the city limits! This 1.697 acre property (73,930sf) is ready to go for a great multi family condo style apartment complex. Architectural Plans, site work, Engineering and plat were all approved by the City and ready for permits. Seller has too many projects. Reduced as time has run out to build, buyer will need to resubmit to city. Qualified buyers only, confidential agreement and accepted contract to receive information.
Courtesy: Melton Real Estate Group Inc
Ideally positioned for top visibility, just behind Allsup's on the corner of Washington St. (Business 377) and East Road (Hwy. 281), this 8.6-acre tract offers outstanding possibilities for developers and accessibility on one of Erath County’s most traveled corridors. Located within the city limits and zoned B-2, this property allows for a wide range of commercial uses. High daily traffic counts from two roadways, close proximity to the Downtown Square, Tarleton State University, 27 miles to Interstate 20, and 30 minutes to Granbury. For a complete list of B-2 permitted uses, visit the City of Stephenville Zoning Department website. The Stephenville, Texas market is desirable and fast-growing so grab this rare opportunity to secure your location with unlimited potential.
Courtesy: Real Estate By Pat Gray
817-249-5483
Prime Commercial Opportunity in the Heart of Stephenville! Welcome to 201 East Road, Stephenville, TX 76401, a .42-acre commercial lot located in a high-visibility area, perfect for your next business venture. This versatile property offers excellent frontage and accessibility, making it ideal for retail, office space, or a mixed-use development. Positioned in a thriving commercial zone, this lot benefits from consistent traffic and close proximity to local businesses, Tarleton State University, and residential neighborhoods. Its central location ensures easy access for customers and clients, providing an outstanding opportunity to establish or expand your business presence in Stephenville. Key Features: .42 acres of prime commercial space. High-traffic area with excellent visibility. Versatile zoning for a variety of uses. Close to major roads, businesses, and community hubs. Don't miss the chance to invest in this strategically located lot with endless potential. Contact us today to learn more or to schedule a viewing of 201 East Road!
Courtesy: Keller Williams Brazos West
817-279-6996
Great multi use facility!! Check this one out! This location has been a successful plumbing supply for many many years! Its now being offered for sale, since they have moved into their new facility! This property features 1.310 acres which is zoned Industrial! There is a retail store, warehouse, several storage buildings and sheds! This property has so much potential! There are not many opportunities like this that come along in Stephenville! If you are looking for a lay down yard, large warehouse space, and or retail space, this one has it all! The location is fantastic, as it is on Business 377 and right across from the Allsups convenience store!! If you are looking to open a new business in Stephenville, come take a look and see if this is the right fit for you!!
Courtesy: Ebby Halliday Realtors
Premier development opportunity at 3050 W Washington Street, one of the most visible and heavily traveled corridors in Stephenville, Texas. This exceptional 26+ acre tract boasts extensive frontage along Washington Street (US Highway 377), supported by some of the highest TxDOT traffic counts within city limits. Utilities are already on site, allowing for efficient and timely development. The property is currently zoned B-2, accommodating a wide range of high-demand commercial uses including retail, restaurants, hotels, banks, churches, medical, and service-oriented businesses. With strong visibility, easy access, and a central location, the site is ideally positioned for destination and daily-use development alike. Stephenville—known as the “Cowboy Capital of the World”—serves as the regional hub for Erath County and surrounding communities. Anchored by Tarleton State University, the city continues to experience sustained population growth, expanding enrollment, and increasing consumer demand. The local economy is diversified across education, healthcare, agriculture, and retail, making Stephenville a stable and attractive market for long-term investment. The rear portion of the property offers an additional value-add opportunity and would be well-suited for future residential development, subject to rezoning—creating potential for a mixed-use project in a growing corridor. This is a rare opportunity to secure a large-scale, high-visibility development site in one of North Central Texas’ most active and expanding markets.
Courtesy: Clark Real Estate Group
817-458-0402
Prime investment property within walking distance to Tarleton State University! This newly constructed 4 unit townhome building offers a total of 12 bedrooms and 10 bathrooms, perfectly suited for student housing or long term rentals. Each unit is thoughtfully designed - end units feature 3 bedrooms, 3.5 baths, a second living area, and a 2 car garage, while interior units offer 3 bedrooms, 2.5 baths and a 1 car garage. Excellent location, thoughtful layout, and strong rental potential make this an opportunity you don't want to miss!
Courtesy: Keller Williams Brazos West
817-279-6996
PRICE REDUCTION The Gallery House Boutique Hotel, opened for business in September 2020 and has been well received! This Craftsman Home, originally built in 1895, took two years to restore and convert into a Hotel. A turn-key business. Located half block from Tarleton State University and on a corner lot with room to expand. Featuring four private rentable rooms, elegantly designed and all with modern conveniences. Zoned Mini splits in every room, smart T.V., microwave, mini fridge, custom showers and well made matresses and lines. Hardwood floors throughout. Hotel features 10 foot ceilings with re-claimed vintage stamped tin in all three downstairs KING rooms, each with a different design. Five original fireplaces, Commercial gas tankless water heater, externally mounted, along with professional water softner system which protect fixtures, shower doors and appliances. Grounds include, a detached office studio with private bath and zoned heating and air, custom rock patios, sidewalks, courtyards and native landscaping. An asphalt parking lot with an ADA concrete slap provides safe parking off the street, with a designated Entrance and Exit. An ADA cement ramp with railing, plus steps from parking lot lead guest to our beautiful wrap around porch to access Hotel. Property has room to build Phase II if desired, which would include the addition of three rental units on one foundation. Sewer tap in place and parking lot built with 14 spaces to accomodate future expansion. The Gallery House Boutique Hotel has excellent review scores, repeat guest, local business, corporate travel, sub-contractors and transient weekend buisness. The Gallery House Boutique Hotel has an establised website which captures majority of reservation bookings. Walking distance to Tarleton State University, Historic Downtown, and Hospital district. Property is an asset gain as Tarleton State University grows expenditually in all directions.
Courtesy: Keller Williams Brazos West
817-279-6996
123 Acres of Income-Producing Land with Highway Frontage with Turnkey Agricultural & Equestrian Operations Prime opportunity to own 123 acres of income-generating land with excellent visibility and access, featuring over 1,000 feet of highway frontage along Hwy 377 and a second entrance off County Road 279. This exceptional property is located within an Opportunity Zone and benefits from an Agricultural Exemption. Currently home to two well-established businesses A 36-year-old wholesale nursery with expansive infrastructure A fully operational horse training and breeding facility Agricultural Infrastructure includes, 4 high-capacity water wells 15–100 GPM, with a recycled runoff system Irrigation system featuring 4”–6” pipe network spanning the entire property 80 acres planted with field-grown nursery stock 30 cold frame greenhouses with irrigation 2–5 acres of irrigated growing pads for large container trees and plants Facilities Include: Modern metal office building with 6 offices, 2 restrooms, kitchen, large workshop with storage loft, 3 roll-up doors, and tool room Equestrian center with Large tack room, hay & feed barn, 6 covered outdoor stalls, and 8 oversized stalls within a covered arena Whether you're looking to expand an agricultural enterprise, invest in income-producing land, or own a turnkey equestrian facility, this versatile property offers outstanding potential in a sought after location, could be the perfect development property.
Stephenville is located in Texas. Stephenville, Texas has a population of 20,504. Stephenville is more family-centric than the surrounding county with 44.5% of the households containing married families with children. The county average for households married with children is 35.33%.
The median household income in Stephenville, Texas is $50,552. The median household income for the surrounding county is $56,691 compared to the national median of $69,021. The median age of people living in Stephenville is 25.5 years.
The average high temperature in July is 94.2 degrees, with an average low temperature in January of 31.5 degrees. The average rainfall is approximately 33.7 inches per year, with 1 inches of snow per year.
