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5209 US Highway 67

Stephenville, TX 76401

Listing courtesy of Case Horton, PREFERRED PROPERTIES OF TEXAS

$449,000
Active
Beds
3
Baths
2
Sqft
2,292
Year Built
1945

About this home

Investment opportunity just outside Stephenville! Located at 5209 US Hwy 67 on a prime corner of US Hwy 67 and CR 488, this unique 3-acre property offers multiple income-producing possibilities or multi-family living. The property includes three mobile homes: a spacious 3-bedroom, 2-bath, a 2 bed, 2 bath and one 2-bedroom, 1-bath unit, providing flexibility for rental income, extended family use, or a combination of both. With highway frontage and excellent visibility, the property offers convenient access to Stephenville while maintaining a rural feel. The layout allows for separation between residences, making it ideal for tenants or multi-generational living arrangements. Whether you're an investor looking to expand your portfolio or a buyer seeking versatile property with income potential, this tract delivers. Please note: the owner intends to retain a life estate on the mobile home located at 205 CR 488. This arrangement presents a unique opportunity to acquire the remaining improvements and land at a compelling value while planning for future full use. Opportunities like this—offering acreage, multiple residences, and highway access—are rare in this growing area of Erath County. Don’t miss your chance to secure a flexible property with strong upside potential in one of North Central Texas’ most desirable markets. Call Preferred Properties of Texas 254-965-7775 today to schedule your showing and don't miss out on the rare opportunity.

Schools

Elementary
Central
Middle
Gilbert,Stephenvil
High
Stephenvil

School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.

Property details

MLS #
21258511
Property Type
Residential
Status
Active
County
Erath
Subdivision
NO
Lot Size
3.00 acres
HOA Dues
None
Annual Taxes
$1,887
Days on Market
53 days
Listed
May 8, 2026
Price per Sqft
$196

Estimate your monthly payment

Estimate only, not a loan offer. Taxes, insurance, and HOA are approximate.

$2,678/mo
Principal & interest
$2,390
Property taxes
$157
Homeowner's insurance (est.)
$131

Based on a 30-year fixed loan. Talk to a lender for an accurate quote.

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IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed accurate by the MLS.

Listing data via NTREIS · Data refreshed May 8, 2026