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7523 County Road 163

Stephenville, TX 76401

$10,219,680

Ranch · 851.64 ac

Acres851.64 acres
Price per acre$12,000 / acre
WaterWell
FencingBarbed Wire
Ag exemptionAgricultural
Road accessCounty Road
TypeRanch

What it costs to own

Taxes$2,196 per year
MUDNone listed
HOANone listed
Price per acre$12,000
Exemptions notedAgricultural

Taxes shown reflect the current owner's exemptions and may change after purchase.

An agricultural exemption ends when the land sells — taxes will be reassessed. Verify with the county appraisal district.

About this home

Prime Texas ranchland located in Erath County, 15 min S of I-20 at Morgan Mill, 15 min N of Stephenville and 4 miles west of Hwy 281. The Morgan Mill 851 Ranch is a wonderfully diverse and scenic ranch with minimal improvements. The land consists of both native and improved pastures watered by the N. Paluxy River which runs through the ranch as well as drainage areas and stock tanks. Live Oaks, Texas Red Oak. Native Pecan and many other variety of native trees flourish on the ranch and in the Spring wildflowers will color the landscape. There are many hilltops offering spectacular views and potential homesites. The ranch is currently under a grazing lease. The ranch will also produce hay for winter grazing capabilities. A modest yet updated farmhouse offers 3 bedrooms and 2 baths. Other improvements include an storage shed and haybarn.

The details

HeatingCentral
CoolingCentral Air

Lot featuresAcreage, Agricultural, Bottom, Brush, Cleared, Gullies, Hilly, Many Trees, Mesquite, Oak, Pasture, Rock Outcropping, Rolling Slope, Tank/ Pond, Undivided, Varied
FencingBarbed Wire, Cross Fenced
Water sourceWell
SewerSeptic
ElectricCo-op Electric, Electricity Connected
UtilitiesOverhead Utilities

ZoningNot zoned
RestrictionsNo Known Restriction(s)
EasementsNatural Gas, Utilities
Surface rightsAll, Easement

Mineral rights aren't stated in this listing — verify with the title company before purchase.

CropsCoastal Bermuda, Native
Current useAgricultural, Cattle, Grazing, Hunting/Fishing, Livestock, Pasture, Ranch, Recreational, Residential
Possible useAgricultural, Cattle, Development, Equine, Grazing, Horses, Hunting/Fishing, Investment, Livestock, Pasture, Ranch, Recreational
Soil typeClay, Limestone, Rocky/Shale, Sandy Loam, Other
Horse amenitiesEquipment Barn

ElementaryMorgan Mill
Middle schoolMorgan Mill
High schoolStephenvil
DistrictMorgan Mill ISD

MLS #21275825
Source
On the market120 days
CountyErath

Around this home

One moment…

Everyday life

Nearest groceryH-E-B · 11 mi
Nearest parkStephenville Country Club Park Area · 4.3 mi

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Listing courtesy of Ranch Connection LLC — Cynthia Inman.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21275825. Information last updated September 16, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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