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: 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: Marandy Dove Realty
Prime 2.749-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.
Courtesy: Keller Williams Brazos West
817-279-6996
Prime commercial opportunity with excellent visibility and access along US Hwy 377 just south of Stephenville toward Dublin. Situated on 3.582 acres at the corner of US 377 and County Road 378, this property offers approximately 600 feet of frontage on Hwy 377 and 313 feet on CR 378, providing exceptional exposure for any business. The 6,168 sq ft commercial building is currently home to Texan Guns & Gear, a well-established local retailer, and features both a gun range used for training and rentals and a 3D target archery range. Improvements include retail, office, and storage areas, paved parking, and easy access for customers and deliveries. The layout supports a variety of commercial uses—retail, office, or service-based operations—with room to expand. Located in Stephenville’s fast-growing 377 corridor, this property offers strong traffic counts and long-term investment potential. (Real estate only; business, name, and inventory excluded. Buyer to verify all measurements, zoning, 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: RE/MAX Elevated Realty
254-965-5051
Here is one of the last remaining lots in the Stephenville downtown corridor, located just behind the very busy US Post Office, and adjacent to the helicopter landing for the Harris Methodist Hospital. The options are endless for this parcel, as it presents access directly from Tarleton Street, and is situated just three blocks from the Erath County Courthouse and exactly 1.1 mile from Tarleton State University, AND just steps from the Bosque River Trail. At just a hair under half of an acre, it can accommodate multi family living, QSR, retail, or EVEN BETTER... mixed use! Developers, don't sleep on this one! See survey in photos section.
Courtesy: J.J. HAMPTON REALTY
254-965-4717
Excellent commercial property with high visibility. This 4,655 sqft building is located just off the square and would make a great place for another retail operation or offices. When entering the building there is two large rooms, both with glass windows across the front. With the layout of the building, it could easily be split, making it a possible location for 2 businesses. There is no shortage of storage space with a separate area in the back and an attic that could also be used. This location has a half bath that is set up and ready and an area, that at one time, was a second half bath, it is not currently being used as a bathroom but could be transitioned back into one. There is also a 1 bedroom 1 bath apartment with kitchenette, this space also has a half bath and a shower in a separate location. This building offers tons of character and charm! If you are looking for an ideal location in downtown Stephenville, look no further!
Courtesy: Apex Realty Advisors, Inc.
817-736-2979
Prime commercial tract situated along US Highway 377 in Stephenville, TX with many development possibilities. This site was formerly the Cross Timbers County Opry and could be ideal for a church, civic organization, etc.; however, the building needs work. The property offers great visibility and traffic counts. This tract would also be ideal for an RV park, self-storage facility, industrial, multifamily, or vehicle storage to name a few. Whether you’re an end-user or an investor, this is a great opportunity to capitalize on the real estate boom sparked by the growth of Tarleton State University and new industries relocating or expanding in Erath County. This property is located just outside the city limits and in the Stephenville ETJ. Buyer should independently verify all information regarding the property.
Courtesy: J.J. HAMPTON REALTY
254-965-4717
Prime Commercial Property Zoned B-3. This exceptional commercial property, ideally located in a high-traffic area, presents a unique opportunity for investors and business owners alike. Zoned B-3, this versatile property offers a wide range of possibilities, accommodating various business ventures. The property features three distinct buildings, each designed to serve different purposes. Large warehouse dedicated to storage, providing ample space for inventory, equipment, or records. The second building can be used as a warehouse or office space. Currently, the third building is leased to a salon, generating immediate income and adding value to the property. The property's strategic location ensures high visibility and easy accessibility, making it an attractive destination for customers and clients. Don't miss out on this rare chance to own a prime commercial property with endless potential.
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 with one of the highest Texas Department of Transportation traffic counts in Stephenville city limits! Beautiful 26 plus acre piece with ample Washington St. (Highway 377) frontage and utilities on site. This high visibility location is easily accessible, ideal for significant commercial development. The property is currently zoned B-2, allowing for high profile businesses such as retail, restaurants, hotels, banks, churches, and much more. The back of the property would make for an excellent residential development if rezoned. Seller financing is available, and terms are available upon request.
Courtesy: Ebby Halliday Realtors
Unique Development Opportunity in the Heart of Stephenville, Texas. Just minutes from Tarleton State University, this property boasts an unbeatable central location with convenient street access on three sides. Currently Zoned R3, the land supports both residential and multi-family construction, including apartments, making it a versatile investment. This offering includes four separate plus or minus half-acre lots, providing flexibility and endless potential for development in one of the most sought after locations in the area. The layout and size of the property allows flexibility and creativity of your desired plan. Whether you're a developer, investor, or someone looking to make their mark in Stephenville, this property is brimming with potential. MLS numbers 21032596, 21033213, and 21033305 are also available.
Courtesy: Ebby Halliday Realtors
Unique Development Opportunity in the Heart of Stephenville, Texas. Just minutes from Tarleton State University, this property boasts an unbeatable central location with convenient street access on three sides. Currently Zoned R3, the land supports both residential and multi-family construction, including apartments. This offering includes four separate +or - half-acre lots, providing flexibility and endless potential for development in one of the most sought after locations in the area. The layout and size of the property allows flexibility and creativity of your desired plan. Whether you're a developer, investor, or someone looking to make their mark in Stephenville, this property is brimming with potential. MLS numbers 21032596, 21033213, and 21033410 are also available.
Courtesy: Ebby Halliday Realtors
Unique Development Opportunity in the Heart of Stephenville, Texas. Just minutes from Tarleton State University, this property boasts an unbeatable central location with convenient street access on three sides. Zoned R3, the land supports both residential and multi-family construction including apartments, making it a versatile investment to create income generating multi family units. This offering includes four separate plus or minus half-acre lots, providing flexibility and endless potential for development in one of the most sought after locations in the area. The layout and size of the property allows flexibility and creativity of your desired plan. Whether you're a developer, investor, or someone looking to make their mark in Stephenville, this property is brimming with potential. MLS numbers 21032596, 21033410, and 21033305 are also available.
Courtesy: Ebby Halliday Realtors
Unique Development Opportunity in the Heart of Stephenville, Texas. Just minutes from Tarleton State University, this property boasts an unbeatable central location with convenient street access on three sides. Zoned R3, the land supports both residential and multi-family construction including apartments, making it a versatile investment to create income generating multi family units. This offering includes four separate plus or minus half-acre lots, providing flexibility and endless potential for development in one of the most sought after locations in the area. The layout and size of the property allows flexibility and creativity of your desired plan. Whether you're a developer, investor, or someone looking to make their mark in Stephenville, this property is brimming with potential.MLS numbers 21033410, 21033213, and 21033305 are also available.
Courtesy: Clark Real Estate Group
817-458-0402
Prime investment opportunity just steps from Tarleton State University! This brand new 6 unit townhome building offers a total of 18 bedrooms and 16.5 bathrooms, making it ideal for students housing or long term rental income. Each end unit features 3 bedrooms, 3.5 baths, a second living area, and 2 car garage. Interior units include 3 bedrooms, 2.5 baths, and a 1 car garage. Modern finishes, open concept layouts, and a prime location combine to create outstanding rental potential in one of Stephenville's most sought after areas.
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: Clark Real Estate Group
817-458-0402
Incredible investment opportunity just steps away from Tarleton State University! This brand new townhome development features three separate buildings totaling 14 units (4-4-6 configuration). Each building is thoughtfully designed for student housing or long term rental income. End units offer 3 bedrooms, 3.5 bathrooms, a second living area, and a two car garage. Interior units are 3 bedrooms, 2.5 baths with a one car garage. All units have full size laundry rooms. Discover spacious layouts, high end modern finishes, smart layout, and an unbeatable location make this a rare chance to own a multi unit property. Ideally located near shopping, dining, and TSU, including the baseball and softball fields and stadium.
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.
