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24183 S US 281

Hico, TX 76457

Listing courtesy of Sissy Herring, TEXAS PROUD REAL ESTATE LLC

$3,895,000
Active
Beds
4
Baths
3
Sqft
2,160
Year Built
1999

About this home

Now offered for Sale in Erath County, the Fraze Ranch once know as Home of Freckles Playboy brings functionality with all the amenity's of a working ranch. Designed on 92 acres with some of the best views and trees you'll find is a rare! Currently a show lamb facility but with little effort it will easily convert over to Equine. Equipped with multiple barns, large turnout pens, easy rotation, and set up for a one man show. The home offers todays modern charm and yesterdays uniqueness thru used material from old structures of the past. A full wrap around porch and stunning rock accents for flowerbeds, columns, and landscaping bring in the finishing touch. Thoughtfully designed pool and play area to host family gatherings and to entertain and flow with the type of property it sits on. Darling full bunkhouse, additional MH, and large packaging office. Features of the barns include a 6 stall buck barn, massive 16 stall show barn with split gates, holding barn, and a separate vet lab area. Both barn are set up with heating units and fans throughout, automatic waters, and spray foam insulation. You will appreciate the details of this ranch which shows how well it is maintained and well kept, the improved pasture, and layout. Several directions to go with this property rather it be equine, sheep, or show cattle. The opportunity is endless!

Schools

Elementary
Central
Middle
Gilbert
High
Stephenvil

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

Property details

MLS #
21265000
Property Type
Residential
Status
Active
County
Erath
Subdivision
no
Lot Size
92.81 acres
HOA Dues
None
Days on Market
38 days
Listed
May 8, 2026
Price per Sqft
$1,803

Estimate your monthly payment

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

$27,709/mo
Principal & interest
$20,731
Property taxes (est.)
$5,843
Homeowner's insurance (est.)
$1,136

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

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