4536 County Road 132
Stephenville, TX 76401
Listing courtesy of Cynthia Inman, Ranch Connection LLC
About this home
AGENTS WELCOME! Discover the beauty and investment value of Tucker Ranch, a turn-key 85+-acre legacy property in the rolling hills of northern Erath County. Offering a proven track record of strong appreciation—averaging ~$78K per year over 14 years—this property serves as an exceptional investment, full-time residence, or weekend retreat. PREMIUM IMPROVEMENTS & HOMESTEAD: Pass through the main entrance featuring automatic security gates off paved CR 132 to find a chip-sealed driveway winding through manicured pastures. The drive leads to a beautiful 2-bed, 2-bath ranch-style home boasting 18-foot vaulted ceilings, Australian Cypress wood floors, and an expansive attached patio built for entertaining. The property's fencing is in great shape, including striking black vinyl horse fencing and cross-fencing for easy pasture rotation. LAND, HABITAT & TAX EXEMPTION: Enrolled in a strict Wildlife Management Program for 13 years, the ranch doubles as a thriving native sanctuary while securing a low tax exemption (only ~$1,400 last year). The topography features a dramatic 135-ft elevation change, revealing multiple spectacular home sites with panoramic views should you want to build a larger estate and use the current home as a guest house. The land is a balanced mix of 40% improved pasture and 60% thick cover dominated by Live Oaks and Post Oaks, with roughly 200 native pecan trees lining the creek below the lake. RECREATION & AG: Premium hunting for whitetail deer, turkey, duck, and dove. Livestock ready, the ranch offers excellent grazing and an 8-acre Coastal Bermuda field averaging 20 round bales per cutting. LOCATION: Located 2.5 miles west of Morgan Mill on a highly desirable county road. Just 15 minutes north of Stephenville, 30 minutes to Granbury, and under an hour to downtown Fort Worth. Rural serenity with city convenience!
Schools
- Elementary
- Morgan Mill
- Middle
- Morgan Mill
- High
- Stephenvil
School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.
Property details
- MLS #
- 21396623
- Property Type
- Residential
- Status
- For Sale
- County
- Erath
- Subdivision
- Cee-Bar Ranch 16
- Lot Size
- 85.79 acres
- Garage
- 2-car
- HOA Dues
- None
- Annual Taxes
- $1,397
- Days on Market
- 18 days
- Listed
- Sep 27, 2026
- Price per Sqft
- $1,652
Estimate your monthly payment
Estimate only, not a loan offer. Taxes, insurance, and HOA are approximate.
- Principal & interest
- $9,288
- Property taxes
- $116
- Homeowner's insurance (est.)
- $509
Based on a 30-year fixed loan. For an accurate quote, call or text us at (817) 674-0754 and we'll connect you with a trusted local lender.
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